Shares of Herbalife Ltd. (NYSE:HLF) saw unusually-strong trading volume on Thursday . Approximately 1,268,188 shares were traded during mid-day trading, an increase of 4% from the previous session’s volume of 1,215,554 shares.The stock last traded at $59.50 and had previously closed at $59.41.

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

The company has a market cap of $6.06 billion and a price-to-earnings ratio of 15.65. The company has a 50-day moving average price of $59.79 and a 200 day moving average price of $56.14.

Herbalife (NYSE:HLF) last posted its quarterly earnings data on Thursday, May 5th. The company reported $1.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.27. During the same period in the previous year, the business earned $1.29 earnings per share. The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.07 billion. The business’s revenue for the quarter 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 fiscal year.

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

Several institutional investors have bought and sold shares of HLF. Stevens Capital Management LP increased its position in Herbalife by 92.8% in the fourth quarter. Stevens Capital Management LP now owns 35,241 shares of the company’s stock valued at $1,890,000 after buying an additional 16,962 shares in the last quarter. GSA Capital Partners LLP increased its position in Herbalife by 26.7% in the fourth quarter. GSA Capital Partners LLP now owns 71,917 shares of the company’s stock valued at $3,856,000 after buying an additional 15,177 shares in the last quarter. California Public Employees Retirement System increased its position in Herbalife by 2.9% in the fourth quarter. California Public Employees Retirement System now owns 360,900 shares of the company’s stock valued at $19,351,000 after buying an additional 10,300 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Herbalife by 3.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 387,621 shares of the company’s stock valued at $20,785,000 after buying an additional 12,500 shares in the last quarter. Finally, UBS Oconnor LLC increased its position in Herbalife by 16.3% in the fourth quarter. UBS Oconnor LLC now owns 1,775,533 shares of the company’s stock valued at $95,204,000 after buying an additional 249,031 shares in the last quarter.

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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