Herbalife Ltd. (NYSE:HLF)’s share price was up 11.6% on Friday . The stock traded as high as $72.22 and last traded at $66.22, with a volume of 24,862,477 shares. The stock had previously closed at $59.36.

Several equities analysts have recently weighed in on HLF shares. Zacks Investment Research upgraded shares of Herbalife from a “hold” rating to a “strong-buy” rating and set a $67.00 price objective on the stock in a research note on Wednesday, April 20th. TheStreet upgraded shares of Herbalife to a “buy” rating in a research note on Thursday, May 26th. Canaccord Genuity reiterated a “neutral” rating on shares of Herbalife in a research note on Sunday, April 17th. SunTrust Banks Inc. reiterated a “neutral” rating and issued a $66.00 price objective on shares of Herbalife in a research note on Monday, May 9th. Finally, Pivotal Research reiterated a “buy” rating and issued a $90.00 price objective on shares of Herbalife in a research note on Sunday, May 8th. Four investment 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’s stock. The company currently has an average rating of “Buy” and a consensus target price of $67.22.

The stock has a market cap of $6.06 billion and a price-to-earnings ratio of 15.65. The firm’s 50-day moving average is $59.79 and its 200 day moving average is $56.14.

Herbalife (NYSE:HLF) last released its quarterly 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 in the previous year, the company posted $1.29 earnings per share. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.07 billion. The business’s quarterly revenue was up 1.3% compared to the same quarter last year. On average, analysts forecast that Herbalife Ltd. will post $4.82 EPS for the current fiscal year.

In other news, VP Jesus Alzarez sold 1,475 shares of the company’s stock in a transaction dated 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 owns 1,042 shares in the company, valued at $64,791.56. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Richard P. Bermingham sold 7,753 shares of the company’s stock in a transaction dated 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 owns 19,510 shares in the company, valued at approximately $1,287,660. The disclosure for this sale can be found here.

Several institutional investors recently bought and sold shares of the stock. 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 during the period. 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 during the period. 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 during the period. 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 during the period. Finally, 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 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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