Herbalife Ltd. (NYSE:HLF)’s share price fell 3.8% during mid-day trading on Wednesday . The company traded as low as $59.20 and last traded at $59.50, with a volume of 961,305 shares changing hands. The stock had previously closed at $61.87.

A number of brokerages have issued reports on HLF. TheStreet raised Herbalife to a “buy” rating in a research report on Thursday, May 26th. Pivotal Research reiterated a “buy” rating and issued a $90.00 price target on shares of Herbalife in a report on Sunday, May 8th. SunTrust Banks Inc. reiterated a “neutral” rating and issued a $66.00 price target on shares of Herbalife in a report on Monday, May 9th. Zacks Investment Research upgraded Herbalife from a “hold” rating to a “strong-buy” rating and set a $67.00 price target for the company in a report on Wednesday, April 20th. Finally, Canaccord Genuity reiterated a “neutral” rating on shares of Herbalife in a report on Sunday, April 17th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $67.22.

The company has a market capitalization of $5.51 billion and a PE ratio of 14.25. The company has a 50-day moving average price of $59.66 and a 200 day moving average price of $56.04.

Herbalife (NYSE:HLF) last released its earnings results on Thursday, May 5th. The company reported $1.36 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.27. During the same period last year, the business posted $1.29 earnings per share. The firm earned $1.12 billion during the quarter, compared to analyst estimates of $1.07 billion. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. Analysts anticipate that Herbalife Ltd. will post $4.82 earnings per share for the current year.

In related news, VP Jesus Alzarez sold 1,475 shares of Herbalife stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $62.18, for a total transaction of $91,715.50. Following the completion of the sale, the vice president now directly owns 1,042 shares of the company’s stock, valued at $64,791.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Richard P. Bermingham sold 7,753 shares of Herbalife stock in a transaction on Friday, May 6th. The stock was sold at an average price of $66.00, for a total value of $511,698.00. Following the sale, the director now directly owns 19,510 shares of the company’s stock, valued at $1,287,660. The disclosure for this sale can be found here.

Several large investors recently made changes to their positions in HLF. California State Teachers Retirement System boosted its stake in shares of Herbalife by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 136,370 shares of the company’s stock worth $7,312,000 after buying an additional 2,072 shares during the period. American Century Companies Inc. boosted its stake in shares of Herbalife by 246.2% in the fourth quarter. American Century Companies Inc. now owns 91,606 shares of the company’s stock worth $4,912,000 after buying an additional 65,142 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Herbalife by 3.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 387,621 shares of the company’s stock worth $20,785,000 after buying an additional 12,500 shares during the period. California Public Employees Retirement System boosted its stake in shares of Herbalife by 2.9% in the fourth quarter. California Public Employees Retirement System now owns 360,900 shares of the company’s stock worth $19,351,000 after buying an additional 10,300 shares during the period. Finally, UBS Oconnor LLC boosted its stake in shares of Herbalife by 16.3% in the fourth quarter. UBS Oconnor LLC now owns 1,775,533 shares of the company’s stock worth $95,204,000 after buying an additional 249,031 shares during the period.

Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. The Company’s segments include North America; Mexico; South & Central America; Europe, Middle East, and Africa (EMEA); Asia Pacific, and China.

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