Herbalife Ltd. (HLF) Coverage Initiated at Tigress Financial

Andrew Cummings
May 24, 2017

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Herbalife LTD. (NYSE:HLF). The overall volume in the last trading session was 3.54 million shares, versus the average volume of 1.05 million shares. Barclays Capital maintained Herbalife Ltd. (NYSE:HLF) rating on Tuesday, August 4. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

In other Herbalife news, EVP Calero Miguel Angel Fernandez sold 30,401 shares of the firm's stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $71.90, for a total transaction of $202,254.70.

A number of other research analysts have also commented on HLF.

The stock subtracted in the prior trading session by -6%, closing at the stock price of $69.03.

Herbalife Ltd. has a 12 month low of $47.62 and a 12 month high of $73.35.

Currently, the market capitalization of Herbalife Ltd. (HLF) is 6.44 Billion. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.37. Herbalife had a net margin of 5.40% and a return on equity of 1,018.52%. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.04 billion. This year company's Earnings per Share (EPS) growth is -45.00% and next year's estimated EPS growth is 64.00%. Over the past month the firm's stock is 22.44%, 20.12% for the last quarter, 40.45% for the past six-months and 22.44% for the a year ago. Analysts anticipate that Herbalife Ltd. will post $4.55 EPS for the current year.

Now the shares of Herbalife Ltd. (HLF) has a trading volume of 3.54 Million shares, with an average trading volume of 857030 shares - with shares dropping to a 52 week low of $47.62, and the company's shares hitting a 52 week high of $ 73.61. If you are reading this story on another publication, it was illegally stolen and reposted in violation of global copyright and trademark law.

Hedge funds have recently modified their holdings of the company. Route One Investment Company L.P. boosted its position in Herbalife by 34.0% in the fourth quarter. Rhumbline Advisers now owns 77,218 shares of the company's stock worth $4,787,000 after buying an additional 2,064 shares in the last quarter. FMR LLC increased its stake in shares of Herbalife by 18.6% in the first quarter. As per Friday, August 7, the company rating was downgraded by Vetr. The third largest holder is Deccan Value Investors L.P., which now holds $569.19 million worth of this stock and that ownership represents almost 8.96% of its market capitalization. The California-based Route One Investment Company L.P. has invested 7.87% in the stock. Following the sale, the director now owns 201,486 shares of the company's stock, valued at approximately $11,379,929.28. Finally, Spark Investment Management LLC boosted its stake in Herbalife by 226.5% in the third quarter. Therefore, the stated figure displays a quarterly performance of 13.65% and year to date performance of 43.39%.

Stock has got outperform rating from 2 analysts of Thomson Reuters whereas 9 analysts given hold rating to the stock. Zacks Investment Research raised Herbalife from a strong sell rating to a hold rating in a research note on Tuesday, February 7th. TheStreet upgraded Herbalife from a c rating to a b- rating in a report on Monday, April 17th. Vetr downgraded Herbalife Ltd. (NYSE:HLF) rating on Monday, August 31.

Institutional investors now hold around $7.91 billion or 0% in HLF stock. Citigroup Inc initiated coverage on Herbalife in a report on Tuesday, March 14th. Pivotal Research has "Buy" rating and $105 target. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The Firm develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products.

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