Herbalife Ltd. (NYSE:HLF) SVP Ibelis Montesino sold 16,219 shares of the business’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $93.84, for a total value of $1,521,990.96. Following the sale, the senior vice president now owns 32,177 shares in the company, valued at approximately $3,019,489.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Herbalife Ltd. (NYSE:HLF) traded down $0.85 during trading hours on Wednesday, reaching $98.70. The company’s stock had a trading volume of 950,283 shares, 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 current ratio of 2.05, a quick ratio of 1.68 and a debt-to-equity ratio of -6.47. Herbalife Ltd. has a 12 month low of $54.04 and a 12 month high of $100.45.
Herbalife (NYSE:HLF) last released its quarterly earnings results on Thursday, February 22nd. The company reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.33. Herbalife had a return on equity of 457.78% and a net margin of 4.83%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the business posted $1.00 EPS. The company’s revenue was up 4.6% compared to the same quarter last year. analysts predict that Herbalife Ltd. will post 5.3 EPS for the current year.
Hedge funds have recently bought and sold shares of the business. Think Investments LP raised its position in shares of Herbalife by 44.6% during the 3rd quarter. Think Investments LP now owns 633,583 shares of the company’s stock worth $42,976,000 after acquiring an additional 195,483 shares in the last quarter. CAS Investment Partners LLC acquired a new stake in shares of Herbalife during the 4th quarter worth about $38,278,000. Stonehill Capital Management LLC increased its position in Herbalife by 43.8% during the third quarter. Stonehill Capital Management LLC now owns 512,211 shares of the company’s stock worth $34,743,000 after buying an additional 155,912 shares during the period. Renaissance Technologies LLC increased its position in Herbalife by 22.9% during the fourth quarter. Renaissance Technologies LLC now owns 448,100 shares of the company’s stock worth $30,345,000 after buying an additional 83,500 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Herbalife by 1.4% during the third quarter. Dimensional Fund Advisors LP now owns 428,764 shares of the company’s stock worth $29,083,000 after buying an additional 5,932 shares during the period. 99.51% of the stock is currently owned by institutional investors.
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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