Herbalife Nutrition Ltd. (NYSE:HLF – Get Rating) Director Michael Johnson bought 5,840 shares of the agency’s inventory in a transaction on Thursday, May twelfth. The shares have been acquired at a mean worth of $22.85 per share, for a complete transaction of $133,444.00. Following the acquisition, the director now straight owns 255,387 shares of the corporate’s inventory, valued at $5,835,592.95. The acquisition was disclosed in a submitting with the Securities & Exchange Commission, which is obtainable at this link.
Shares of NYSE HLF opened at $23.30 on Friday. The inventory’s fifty day shifting common worth is $29.78 and its two-hundred day shifting common worth is $37.28. Herbalife Nutrition Ltd. has a one yr low of $21.36 and a one yr excessive of $55.78. The agency has a market cap of $2.52 billion, a price-to-earnings ratio of 6.25 and a beta of 1.07.
Herbalife Nutrition (NYSE:HLF – Get Rating) final issued its quarterly earnings information on Tuesday, May third. The firm reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.09. Herbalife Nutrition had a adverse return on fairness of 33.49% and a internet margin of seven.06%. The agency had income of $1.34 billion for the quarter, in comparison with analyst estimates of $1.38 billion. During the identical interval within the prior yr, the agency posted $1.42 EPS. The firm’s income for the quarter was down 11.1% on a year-over-year foundation. As a bunch, analysis analysts anticipate that Herbalife Nutrition Ltd. will submit 3.5 EPS for the present yr.
Various analysis analysts lately issued experiences on the corporate. Citigroup lower their worth goal on Herbalife Nutrition from $46.00 to $36.00 in a report on Wednesday, May 4th. StockNews.com upgraded Herbalife Nutrition from a “maintain” ranking to a “purchase” ranking in a analysis report on Sunday, April tenth. Jefferies Financial Group lowered Herbalife Nutrition from a “purchase” ranking to a “maintain” ranking and decreased their worth goal for the corporate from $60.00 to $26.00 in a analysis report on Wednesday, May 4th. Zacks Investment Research lowered Herbalife Nutrition from a “maintain” ranking to a “sturdy promote” ranking in a analysis report on Friday, May sixth. Finally, B. Riley lower their goal worth on Herbalife Nutrition from $50.00 to $41.00 in a analysis be aware on Wednesday, May 4th. One funding analyst has rated the inventory with a promote ranking, two have issued a maintain ranking and 4 have given a purchase ranking to the corporate. According to MarketBeat, the corporate presently has a mean ranking of “Hold” and a consensus goal worth of $39.50.
Various massive traders have lately added to or diminished their stakes within the inventory. Islay Capital Management LLC boosted its stake in Herbalife Nutrition by 18.3% within the fourth quarter. Islay Capital Management LLC now owns 2,712 shares of the corporate’s inventory valued at $111,000 after shopping for a further 419 shares within the final quarter. Legal & General Group Plc boosted its stake in Herbalife Nutrition by 0.3% within the fourth quarter. Legal & General Group Plc now owns 177,023 shares of the corporate’s inventory valued at $7,246,000 after shopping for a further 448 shares within the final quarter. Rhumbline Advisers boosted its stake in Herbalife Nutrition by 0.6% within the fourth quarter. Rhumbline Advisers now owns 96,744 shares of the corporate’s inventory valued at $3,960,000 after shopping for a further 564 shares within the final quarter. Gladius Capital Management LP boosted its stake in Herbalife Nutrition by 13.7% within the first quarter. Gladius Capital Management LP now owns 4,998 shares of the corporate’s inventory valued at $152,000 after shopping for a further 601 shares within the final quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in Herbalife Nutrition by 3.6% within the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 17,876 shares of the corporate’s inventory valued at $732,000 after shopping for a further 625 shares within the final quarter.
About Herbalife Nutrition (Get Rating)
Herbalife Nutrition Ltd. gives diet options in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and remainder of Asia Pacific. The firm supplies merchandise within the areas of weight administration; focused diet; vitality, sports activities, and health; and outer diet.
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