SunTrust Banks Equities Analysts Decrease Earnings Estimates for Herbalife LTD. (HLF)

Postado Agosto 07, 2017

BlackRock Inc. raised its position in shares of Herbalife LTD.by 19,647.9% in the first quarter. New York State Teachers Retirement System now owns 6,500 shares of the company's stock worth $313,000 after buying an additional 100 shares in the last quarter.

Aristeia Capital Llc increased Herbalife Ltd (HLF) stake by 25.34% reported in 2016Q4 SEC filing. First Trust Advisors LP raised its position in shares of Herbalife LTD.by 468.2% in the second quarter. BlackRock Inc. now owns 3,149,983 shares of the company's stock worth $183,139,000 after buying an additional 3,134,032 shares during the last quarter. Sei Investments Co. raised its position in Herbalife LTD.by 6.6% in the first quarter. FMR LLC now owns 7,358,472 shares of the company's stock worth $427,821,000 after buying an additional 1,151,421 shares during the last quarter. Comerica Bank bought a new position in Herbalife LTD. during the first quarter worth approximately $216,000. Vetr downgraded it to "Buy" rating and $56.92 target in Monday, August 31 report. "Has $807,000 Stake in Herbalife LTD. (HLF)" was originally reported by Transcript Daily and is owned by of Transcript Daily. Pivotal Research maintained Herbalife Ltd. (NYSE:HLF) rating on Wednesday, November 4. Following the completion of the transaction, the vice president now directly owns 873 shares in the company, valued at $62,445.69. The stock's 50 day moving average price is $71.27 and its 200 day moving average price is $63.73. Herbalife LTD. has a 12-month low of $47.62 and a 12-month high of $74.49. Herbalife LTD. The company has a market cap of $5.95 billion, a price-to-earnings ratio of 13.86 and a beta of 1.20.

The Illinois-based Chicago Equity Ptnrs Lc has invested 0.07% in Herbalife Ltd. (NYSE:HLF). (NYSE:HLF) last announced its quarterly earnings data on Tuesday, August 1st. The institutional investor held 247,827 shares of the newspapers and magazines company at the end of 2016Q4, valued at $59.93 million, down from 250,796 at the end of the previous reported quarter. Herbalife LTD. The company had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.14 billion. Herbalife LTD. Herbalife LTD.'s revenue was down 4.6% on a year-over-year basis. During the same period previous year, the firm earned $1.29 EPS. On average, equities research analysts expect that Herbalife LTD. will post $4.72 earnings per share for the current year. The stock declined 0.48% or $0.98 reaching $201.64 per share. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and global trademark and copyright laws. The correct version of this piece can be viewed at https://transcriptdaily.com/2017/08/06/principal-financial-group-inc-lowers-stake-in-herbalife-ltd-hlf-updated.html.

A number of other brokerages have also commented on HLF. ValuEngine upgraded Herbalife LTD. from a "hold" rating to a "buy" rating in a report on Friday, June 2nd. Zacks Investment Research upgraded Herbalife LTD. from a "hold" rating to a "buy" rating and set a $73.00 price objective for the company in a research note on Thursday. Pivotal Research maintained Herbalife Ltd. (NYSE:HLF) rating on Wednesday, July 19. SunTrust Banks, Inc. set a $67.00 price target on Herbalife LTD. and gave the stock a "hold" rating in a research note on Wednesday. On Monday, June 5 the stock rating was maintained by Pivotal Research with "Buy". Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. The stock presently has an average rating of Buy and an average price target of $83.00.

Also, insider Shin-Shing Bosco Chiu sold 2,813 shares of the company's stock in a transaction that occurred on Tuesday, May 9th. Rwwm Inc sold 2,969 shares as the company's stock declined 0.99% while stock markets rallied. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Calero Miguel Angel Fernandez sold 30,401 shares of the stock in a transaction on Friday, May 12th. The stock was sold at an average price of $71.90, for a total value of $202,254.70. The disclosure for this sale can be found here. Insiders sold a total of 58,885 shares of company stock worth $4,248,643 over the last ninety days. More interesting news about Herbalife Ltd. (NYSE:HLF) were released by: Seekingalpha.com and their article: "Herbalife: A Preview Of Q2 In North America" published on July 14, 2017 as well as Nasdaq.com's news article titled: "Interesting HLF Put And Call Options For September 22nd" with publication date: August 03, 2017. The Firm develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products.