Herbalife Ltd. (NYSE:HLF) EVP Mark J. Schissel sold 3,747 shares of the stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $65.57, for a total transaction of $245,690.79. Following the transaction, the executive vice president now directly owns 11,524 shares in the company, valued at approximately $755,628.68. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of Herbalife Ltd. (NYSE HLF) traded down $0.85 on Wednesday, reaching $98.70. 950,283 shares of the company’s stock traded hands, compared to its average volume of 1,395,918. The stock has a market cap of $8,670.00, a PE ratio of 21.98 and a beta of 1.20. The company has a quick ratio of 1.68, a current ratio of 2.05 and a debt-to-equity ratio of -6.47. Herbalife Ltd. has a fifty-two week low of $54.04 and a fifty-two week high of $100.45.
Herbalife (NYSE:HLF) last announced its quarterly earnings results on Thursday, February 22nd. The company reported $1.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.33. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Herbalife had a net margin of 4.83% and a return on equity of 457.78%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.00 EPS. analysts predict that Herbalife Ltd. will post 5.3 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. The Manufacturers Life Insurance Company boosted its position in Herbalife by 7.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,821 shares of the company’s stock valued at $201,000 after buying an additional 189 shares during the period. M&T Bank Corp boosted its position in Herbalife by 16.8% during the 4th quarter. M&T Bank Corp now owns 6,271 shares of the company’s stock valued at $424,000 after buying an additional 900 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Herbalife by 36.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,445 shares of the company’s stock valued at $233,000 after buying an additional 922 shares during the period. UBS Asset Management Americas Inc. boosted its position in Herbalife by 1.4% during the 4th quarter. UBS Asset Management Americas Inc. now owns 73,007 shares of the company’s stock valued at $4,944,000 after buying an additional 986 shares during the period. Finally, Commerzbank Aktiengesellschaft FI boosted its position in Herbalife by 1.8% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 71,881 shares of the company’s stock valued at $4,876,000 after buying an additional 1,258 shares during the period. 99.51% of the stock is owned by institutional investors and hedge funds.
Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.
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