Herbalife Nutrition Ltd. (NYSE:HLF) Director Buys $133,444.00 in Stock


Herbalife Nutrition Ltd. (NYSE:HLFGet Rating) Director Michael Johnson purchased 5,840 shares of the firm’s stock in a transaction on Thursday, May 12th. The shares were acquired at an average price of $22.85 per share, for a total transaction of $133,444.00. Following the purchase, the director now directly owns 255,387 shares of the company’s stock, valued at $5,835,592.95. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of NYSE HLF opened at $23.30 on Friday. The stock’s fifty day moving average price is $29.78 and its two-hundred day moving average price is $37.28. Herbalife Nutrition Ltd. has a one year low of $21.36 and a one year high of $55.78. The firm 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:HLFGet Rating) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.09. Herbalife Nutrition had a negative return on equity of 33.49% and a net margin of 7.06%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same period in the prior year, the firm posted $1.42 EPS. The company’s revenue for the quarter was down 11.1% on a year-over-year basis. As a group, research analysts expect that Herbalife Nutrition Ltd. will post 3.5 EPS for the current year.

A number of research analysts recently issued reports on the company. Citigroup cut their price target on Herbalife Nutrition from $46.00 to $36.00 in a report on Wednesday, May 4th. StockNews.com upgraded Herbalife Nutrition from a “hold” rating to a “buy” rating in a research report on Sunday, April 10th. Jefferies Financial Group lowered Herbalife Nutrition from a “buy” rating to a “hold” rating and decreased their price objective for the company from $60.00 to $26.00 in a research report on Wednesday, May 4th. Zacks Investment Research lowered Herbalife Nutrition from a “hold” rating to a “strong sell” rating in a research report on Friday, May 6th. Finally, B. Riley cut their target price on Herbalife Nutrition from $50.00 to $41.00 in a research note on Wednesday, May 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $39.50.

A number of large investors have recently added to or reduced their stakes in the stock. Islay Capital Management LLC boosted its stake in Herbalife Nutrition by 18.3% in the fourth quarter. Islay Capital Management LLC now owns 2,712 shares of the company’s stock valued at $111,000 after buying an additional 419 shares in the last quarter. Legal & General Group Plc boosted its stake in Herbalife Nutrition by 0.3% in the fourth quarter. Legal & General Group Plc now owns 177,023 shares of the company’s stock valued at $7,246,000 after buying an additional 448 shares in the last quarter. Rhumbline Advisers boosted its stake in Herbalife Nutrition by 0.6% in the fourth quarter. Rhumbline Advisers now owns 96,744 shares of the company’s stock valued at $3,960,000 after buying an additional 564 shares in the last quarter. Gladius Capital Management LP boosted its stake in Herbalife Nutrition by 13.7% in the first quarter. Gladius Capital Management LP now owns 4,998 shares of the company’s stock valued at $152,000 after buying an additional 601 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in Herbalife Nutrition by 3.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 17,876 shares of the company’s stock valued at $732,000 after buying an additional 625 shares in the last quarter.

About Herbalife Nutrition (Get Rating)

Herbalife Nutrition Ltd. offers nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and rest of Asia Pacific. The company provides products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition.

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