Herbalife (NYSE:HLF) Stock Price Up 2.8%

Shares of Herbalife Ltd. (NYSE:HLF - Get Free Report) traded up 2.8% during trading on Monday . The stock traded as high as $8.33 and last traded at $8.33. 355,709 shares traded hands during trading, a decline of 84% from the average session volume of 2,244,504 shares. The stock had previously closed at $8.10.

Analyst Upgrades and Downgrades

HLF has been the topic of several recent research reports. DA Davidson dropped their price target on Herbalife from $11.00 to $9.50 and set a "neutral" rating on the stock in a research note on Monday, March 25th. StockNews.com raised Herbalife from a "hold" rating to a "buy" rating in a report on Friday, February 16th. Bank of America decreased their target price on shares of Herbalife from $10.00 to $8.00 and set an "underperform" rating for the company in a research note on Thursday, March 21st. Finally, Mizuho dropped their price target on shares of Herbalife from $12.00 to $10.00 and set a "neutral" rating on the stock in a research report on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $10.50.

Herbalife Stock Performance

The stock has a market capitalization of $827.76 million, a P/E ratio of 5.84 and a beta of 1.22. The stock's fifty day simple moving average is $9.17 and its two-hundred day simple moving average is $12.01.

Herbalife (NYSE:HLF - Get Free Report) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.10). Herbalife had a negative return on equity of 19.56% and a net margin of 2.81%. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the company earned $0.53 earnings per share. The company's quarterly revenue was up .0% compared to the same quarter last year. As a group, analysts expect that Herbalife Ltd. will post 1.8 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Herbalife news, CEO Michael Johnson acquired 61,725 shares of the stock in a transaction on Friday, February 16th. The shares were purchased at an average price of $8.07 per share, for a total transaction of $498,120.75. Following the completion of the acquisition, the chief executive officer now owns 603,707 shares in the company, valued at approximately $4,871,915.49. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director Rodica Macadrai acquired 5,175 shares of the company's stock in a transaction on Monday, March 11th. The shares were acquired at an average cost of $9.31 per share, for a total transaction of $48,179.25. Following the purchase, the director now owns 12,716 shares in the company, valued at $118,385.96. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Michael Johnson bought 61,725 shares of the stock in a transaction dated Friday, February 16th. The stock was purchased at an average price of $8.07 per share, with a total value of $498,120.75. Following the acquisition, the chief executive officer now owns 603,707 shares of the company's stock, valued at $4,871,915.49. The disclosure for this purchase can be found here. Insiders have purchased a total of 85,757 shares of company stock valued at $723,278 over the last ninety days. 0.94% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its position in Herbalife by 6.5% in the first quarter. Envestnet Asset Management Inc. now owns 12,308 shares of the company's stock worth $374,000 after purchasing an additional 747 shares during the last quarter. Advisor Group Holdings Inc. increased its holdings in Herbalife by 50.0% during the first quarter. Advisor Group Holdings Inc. now owns 4,243 shares of the company's stock worth $128,000 after buying an additional 1,415 shares during the last quarter. Citigroup Inc. increased its holdings in Herbalife by 8.9% during the first quarter. Citigroup Inc. now owns 18,413 shares of the company's stock worth $559,000 after buying an additional 1,503 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Herbalife by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,011,947 shares of the company's stock worth $30,723,000 after acquiring an additional 17,482 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in Herbalife in the first quarter valued at about $379,000.

Herbalife Company Profile

Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.