Herbalife Ltd (NYSE:HLF) Receives Consensus Rating of “Hold” from Brokerages

Herbalife Ltd (NYSE:HLF) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $17.80.

Several analysts have recently weighed in on HLF shares. Zacks Research downgraded shares of Herbalife from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Weiss Ratings raised Herbalife from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 15th. Royal Bank Of Canada reduced their price objective on Herbalife from $17.00 to $16.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 28th. Mizuho set a $17.00 target price on Herbalife in a research report on Monday, May 4th. Finally, Wall Street Zen upgraded Herbalife from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th.

Insider Activity

In related news, insider Frank Lamberti sold 134,982 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $13.50, for a total value of $1,822,257.00. Following the completion of the sale, the insider directly owned 36,624 shares of the company’s stock, valued at $494,424. This represents a 78.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Troy Hicks sold 10,000 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $12.32, for a total transaction of $123,200.00. Following the transaction, the chief operating officer owned 9,706 shares in the company, valued at approximately $119,577.92. The trade was a 50.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 191,296 shares of company stock valued at $2,551,678 over the last 90 days. 5.13% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Herbalife

Institutional investors have recently bought and sold shares of the business. Pacer Advisors Inc. purchased a new stake in Herbalife during the first quarter worth $9,491,000. Manatuck Hill Partners LLC increased its holdings in shares of Herbalife by 122.2% in the 3rd quarter. Manatuck Hill Partners LLC now owns 1,000,000 shares of the company’s stock valued at $8,440,000 after acquiring an additional 550,000 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Herbalife by 29.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,877,717 shares of the company’s stock valued at $27,638,000 after acquiring an additional 425,968 shares during the period. Invenomic Capital Management LP bought a new position in shares of Herbalife in the 3rd quarter worth $3,550,000. Finally, Johnson Financial Group LLC raised its position in shares of Herbalife by 1,156.1% in the 4th quarter. Johnson Financial Group LLC now owns 414,500 shares of the company’s stock worth $5,343,000 after acquiring an additional 381,500 shares in the last quarter.

Herbalife Stock Down 4.4%

HLF opened at $12.57 on Thursday. The firm has a 50-day simple moving average of $12.82 and a two-hundred day simple moving average of $14.80. Herbalife has a 52 week low of $7.56 and a 52 week high of $20.40. The company has a market capitalization of $1.30 billion, a PE ratio of 5.51, a price-to-earnings-growth ratio of 0.78 and a beta of 0.86.

Herbalife (NYSE:HLF) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.59 earnings per share. As a group, sell-side analysts expect that Herbalife will post 2.47 earnings per share for the current year.

Herbalife Company Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.