Herbalife Ltd. (HLF) Issues FY17 Earnings Guidance

Reuters

Reuters

The stock grabbed 34 new institutional investments totaling 3,448,109 shares while 39 institutional investors sold out their entire positions totaling 2,593,584 shares. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Herbalife has a one year low of $47.62 and a one year high of $74.32. (NYSE:HLF) opened at 73.92 on Monday. The stock has performed 3.54% over the last seven days, 18.42% over the last thirty, and 32.02% over the last three months. The company has market cap of $7.13 billion. Extending back, their 50-Day Simple Moving Average is 8.68%, looking even further back, their 200-Day Simple Moving Average stands at 19.94%. The stock of Herbalife Ltd. (NYSE:HLF) has "Buy" rating given on Friday, August 7 by Vetr. The company provided earnings per share guidance of $4.10-4.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.61. Chicago Equity Llc owns 0.07% invested in Herbalife Ltd. (NYSE:HLF) for 51,550 shares. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.04 billion.

Herbalife also said it now expects adjusted profit of 95 cents-$1.15 per share for the second quarter, up from an earlier forecast of 88 cents-$1.08 per share. The original version of this piece can be read at https://www.themarketsdaily.com/2017/06/05/herbalife-ltd-hlf-evp-calero-miguel-angel-fernandez-sells-30401-shares-of-stock-updated-updated.html. Pivotal Research upped their price objective on shares of Herbalife from $105.00 to $120.00 and gave the company a "buy" rating in a research note on Monday.

According to the the latest analyst ratings which have been released, 1 brokers have issued a rating of "buy", 1 brokers "outperform", 3 brokers "hold", 0 brokers "underperform" and 0 brokers "sell". Zacks Investment Research raised shares of Herbalife from a "sell" rating to a "hold" rating in a report on Tuesday, April 25th. Finally, Tigress Financial initiated coverage on Herbalife in a report on Monday, April 24th. The firm earned "Buy" rating on Friday, May 5 by Pivotal Research. "Fewer than three weeks after the stock sales, the company is now lowering guidance, somehow claiming that it is surprised by reduced volumes the first month the FTC settlement takes effect", the hedge fund manager said in a statement emailed to CNBC. $71.32's average target is 4.44% above currents $68.29 stock price. It turned negative, as 50 investors sold HLF shares while 67 reduced holdings. Nordea Investment Management AB now owns 1,411,700 shares of the company's stock valued at $87,511,000 after buying an additional 75,354 shares during the last quarter. Following the completion of the transaction, the director now owns 1,919 shares of the company's stock, valued at $139,933.48.

Aristotle Capital Boston Llc increased Herbalife Ltd (HLF) stake by 22.18% reported in 2016Q4 SEC filing. BlackRock Advisors LLC now owns 40,628 shares of the company's stock valued at $2,519,000 after buying an additional 1,373 shares during the last quarter. Nuveen Asset Management has 126,678 shares. has invested 0.02% of its portfolio in Herbalife Ltd. (NYSE:HLF). California State Teachers Retirement System now owns 157,296 shares of the company's stock worth $9,751,000 after buying an additional 1,300 shares during the period. 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. The Company's operating divisions are based on geographical activities in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa; Asia Pacific, and China.

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