Herbalife Nutrition Ltd. (NYSE:HLF) Stock Position Reduced by FDx Advisors Inc.



FDx Advisors Inc. lessened its position in shares of Herbalife Nutrition Ltd. (NYSE:HLFGet Rating) by 22.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,617 shares of the company’s stock after selling 1,874 shares during the period. FDx Advisors Inc.’s holdings in Herbalife Nutrition were worth $201,000 as of its most recent SEC filing.

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Other large investors also recently bought and sold shares of the company. Gables Capital Management Inc. bought a new position in Herbalife Nutrition during the 4th quarter worth approximately $33,000. Johnson Financial Group Inc. bought a new position in Herbalife Nutrition during the 4th quarter worth approximately $109,000. Islay Capital Management LLC lifted its holdings in Herbalife Nutrition by 18.3% during the 4th quarter. Islay Capital Management LLC now owns 2,712 shares of the company’s stock worth $111,000 after buying an additional 419 shares during the last quarter. Harbor Capital Advisors Inc. bought a new position in Herbalife Nutrition during the 1st quarter worth approximately $122,000. Finally, Gladius Capital Management LP lifted its holdings in shares of Herbalife Nutrition by 13.7% in the 1st quarter. Gladius Capital Management LP now owns 4,998 shares of the company’s stock worth $152,000 after purchasing an additional 601 shares during the last quarter.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HLF shares. StockNews.com raised Herbalife Nutrition from a “hold” rating to a “buy” rating in a report on Monday, June 13th. Argus downgraded Herbalife Nutrition from a “buy” rating to a “hold” rating in a report on Tuesday, May 17th. B. Riley cut their price target on Herbalife Nutrition from $50.00 to $41.00 in a report on Wednesday, May 4th. Jefferies Financial Group raised Herbalife Nutrition from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Tuesday, July 12th. Finally, Citigroup cut their price target on Herbalife Nutrition from $46.00 to $36.00 in a report on Wednesday, May 4th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.80.

Herbalife Nutrition Price Performance

HLF opened at $24.41 on Friday. Herbalife Nutrition Ltd. has a 12 month low of $19.30 and a 12 month high of $54.45. The stock has a market cap of $2.64 billion, a P/E ratio of 6.54 and a beta of 1.06. The stock’s 50 day moving average price is $22.44 and its 200 day moving average price is $29.98.

Herbalife Nutrition (NYSE:HLFGet Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.12. Herbalife Nutrition had a negative return on equity of 33.49% and a net margin of 7.06%. The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period last year, the firm earned $1.42 EPS. The firm’s revenue for the quarter was down 11.1% on a year-over-year basis. Equities analysts anticipate that Herbalife Nutrition Ltd. will post 3.29 EPS for the current year.

Insider Activity

In other news, CEO John O. Agwunobi purchased 4,222 shares of the stock in a transaction dated Tuesday, May 10th. The shares were bought at an average cost of $23.55 per share, for a total transaction of $99,428.10. Following the transaction, the chief executive officer now owns 134,745 shares in the company, valued at $3,173,244.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO John O. Agwunobi purchased 4,222 shares of the stock in a transaction dated Tuesday, May 10th. The shares were bought at an average cost of $23.55 per share, for a total transaction of $99,428.10. Following the transaction, the chief executive officer now owns 134,745 shares in the company, valued at $3,173,244.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Alan L. Hoffman purchased 4,540 shares of the stock in a transaction dated Tuesday, May 17th. The shares were purchased at an average price of $21.97 per share, for a total transaction of $99,743.80. Following the completion of the transaction, the executive vice president now owns 57,218 shares in the company, valued at approximately $1,257,079.46. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 63,080 shares of company stock worth $1,372,132. 0.66% of the stock is owned by company insiders.

Herbalife Nutrition Profile

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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.

See Also

Want to see what other hedge funds are holding HLF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Herbalife Nutrition Ltd. (NYSE:HLFGet Rating).

Institutional Ownership by Quarter for Herbalife Nutrition (NYSE:HLF)



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