Herbalife Ltd. (NYSE:HLF) Sees Unusual Trading Volume in Its Shares

Andrew Cummings
August 22, 2017

Herbalife Ltd. (NYSE:HLF) has risen 20.65% since August 21, 2016 and is uptrending. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.41. Herbalife LTD. updated its FY17 guidance to 4.30-4.70 EPS. The company had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.14 billion. During the same period in the previous year, the company earned $1.29 earnings per share. Point View Wealth Management Inc. increased its position in shares of Herbalife LTD.by 7.1% in the first quarter.

Herbalife Ltd. (NYSE:HLF) recovered 42.88% of its value since hitting low of $47.62.

Herbalife Ltd. (NYSE:HLF) tinted loss of -0.42% (-0.26 points) to US$61.95. About 3.21M shares traded or 189.19% up from the average. Share performance for the month is now at -12.36%.

The P/E ratio is 14.31 and the market value is 6.14B. The recent move of 9.83% gain helped the stock to close at $68.04 when trading ended on 8/21/2017. As per Thursday, August 27, the company rating was maintained by Pivotal Research.


In pre-market trading, Herbalife shares - which have gained 29% in the year to date, were 8.2% higher at US$67.

Here are a few additional firms who have increased or decreased their stake in (HLF). Gsa Prtnrs Limited Liability Partnership reported 0.11% in Herbalife Ltd. (NYSE:HLF). The rating was maintained by Pivotal Research with "Buy" on Wednesday, August 2. Pivotal Research maintained Herbalife Ltd. (NYSE:HLF) on Friday, May 5 with "Buy" rating.

Herbalife's tender is a show of confidence that its China business will not be impacted, Renaissance Macro Research analyst April Scee wrote in a note.

Among 5 analysts covering Pretium Resources (NYSE:PVG), 5 have Buy rating, 0 Sell and 0 Hold. The stock now has a consensus rating of "Buy" and an average price target of $83.00.


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A number of other equities analysts have also recently commented on the stock.

Hap Trading Llc increased First Solar Inc (NASDAQ:FSLR) stake by 26,200 shares to 44,900 valued at $1.44M in 2016Q4. As of the end of the quarter Sterling Capital Management LLC had bought 10,840 shares growing its holdings by 52.0%. Commerzbank Aktiengesellschaft FI increased its position in shares of Herbalife LTD.by 1.6% in the first quarter. (NYSE:HLF) last issued its quarterly earnings data on Tuesday, August 1st. Karp Capital Management Corp purchased a new stake in shares of Herbalife LTD. during the first quarter valued at approximately $1,371,000. Nomura Holdings Inc claims 7,121 shares worth $508,000. Finally, World Asset Management Inc acquired a new position in shares of Herbalife LTD. during the first quarter valued at about $227,000.

FT reports, The 4 analysts offering 12 month price targets for Herbalife Ltd. have a median target of 73.50, with a high estimate of 120.00 and a low estimate of 67.00.


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