Herbalife (NYSE:HLF) COO Troy Hicks Sells 10,000 Shares

Herbalife Ltd (NYSE:HLF) COO Troy Hicks sold 10,000 shares of Herbalife stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $12.32, for a total value of $123,200.00. Following the completion of the transaction, the chief operating officer directly owned 9,706 shares in the company, valued at $119,577.92. This represents a 50.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Troy Hicks also recently made the following trade(s):

• On Monday, May 18th, Troy Hicks sold 38,377 shares of Herbalife stock. The stock was sold at an average price of $12.93, for a total value of $496,214.61.

Herbalife Trading Up 3.4%

Shares of HLF opened at $12.58 on Thursday. The business’s 50-day moving average price is $15.05 and its 200 day moving average price is $14.57. Herbalife Ltd has a 1-year low of $6.63 and a 1-year high of $20.40. The stock has a market capitalization of $1.30 billion, a P/E ratio of 5.52, a P/E/G ratio of 0.72 and a beta of 0.98.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its stake in shares of Herbalife by 12.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 7,366 shares of the company’s stock valued at $108,000 after buying an additional 822 shares in the last quarter. California State Teachers Retirement System lifted its stake in Herbalife by 26.1% in the first quarter. California State Teachers Retirement System now owns 117,429 shares of the company’s stock valued at $1,729,000 after acquiring an additional 24,287 shares during the last quarter. Empowered Funds LLC lifted its stake in Herbalife by 39.8% in the first quarter. Empowered Funds LLC now owns 37,333 shares of the company’s stock valued at $550,000 after acquiring an additional 10,625 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in Herbalife by 47.4% during the first quarter. The Manufacturers Life Insurance Company now owns 44,926 shares of the company’s stock valued at $661,000 after buying an additional 14,455 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in Herbalife by 50.8% during the first quarter. Quantinno Capital Management LP now owns 71,281 shares of the company’s stock valued at $1,049,000 after buying an additional 24,011 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Citigroup reissued a “buy” rating and issued a $21.00 price objective (up from $17.00) on shares of Herbalife in a research note on Thursday, February 19th. Wall Street Zen raised Herbalife from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of Herbalife in a research note on Friday, May 8th. Zacks Research downgraded Herbalife from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Mizuho set a $17.00 price objective on Herbalife in a research note on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.80.

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.