Herbalife Nutrition (NYSE: HLF) was downgraded from Zacks Investment Research from a “buy” rating to a “hold” rating in a research report released on Friday, Zacks.com reported.

According to Zacks, “Herbalife is a global network marketing company that offers a range of science-based weight management products, nutritional supplements, and personal care products designed to aid in weight loss and a healthy lifestyle.”

Separately, B. Riley began reporting on the shares of Herbalife Nutrition in a report on Tuesday, June 29th. They set a “Buy” rating and a target price of $ 70.00 on the stock.

Herbalife Nutrition Stock traded around $ 0.33 during Friday’s trading hours to hit $ 47.91. 596,708 shares of the stock were traded in hands compared to an average volume of 980,863. The company’s 50-day moving average price is $ 52.14. The stock has a market cap of $ 5.54 billion, a P / E of 11.22, and a beta of 0.93. Herbalife Nutrition has an annual low of $ 43.01 and an annual high of $ 59.00.

Herbalife Nutrition (NYSE: HLF) last released its earnings results on Tuesday, August 3rd. The company reported $ 1.52 EPS for the quarter, beating Zacks’ consensus estimate of $ 1.25 by $ 0.27. Herbalife Nutrition had a negative return on equity of 54.18% and a net margin of 8.41%. On average, research analysts predict that Herbalife Nutrition will post 4.86 EPS for the current year.


These 10 small cap stocks set new standards and trade for under $ 15 / share.

Click here to view your free report on Alexander Green’s top 10 small-cap dividend stocks.

It’s included in your FREE subscription to their wealth-building e-letter!

In related news, director John Tartol sold 5,000 shares in the company in a transaction that occurred on Monday, May 24th. The stock was sold at an average price of $ 51.62 for a total transaction of $ 258,100.00. Upon completion of the transaction, the director now owns 303,606 shares of the company valued at approximately $ 15,672,141.72. The transaction was disclosed in a filing with the SEC that can be accessed via this link. Company insiders own 1.49% of the company’s shares.

A number of major investors recently added or reduced their stakes in the company. Route One Investment Company LP increased its stake in Herbalife Nutrition by 20.0% in the first quarter. Route One Investment Company LP now owns 7,494,804 shares in the company valued at $ 332,470,000 after purchasing an additional 1,248,500 shares last quarter. Bronte Capital Management Pty Ltd. increased its stake in Herbalife Nutrition 2.9% in the first quarter. Bronte Capital Management Pty Ltd. now owns 2,120,559 shares in the company valued at $ 94,068,000, after purchasing an additional 59,314 shares last quarter. CAS Investment Partners LLC increased its position in Herbalife Nutrition by 40.1% in the first quarter. CAS Investment Partners LLC now owns 1,996,462 shares in the company valued at $ 88,563,000 after purchasing an additional 571,000 shares last quarter. Altshuler Shaham Ltd increased its stake in Herbalife Nutrition by 22,041.8% in the first quarter. Altshuler Shaham Ltd now owns 1,771,343 shares in the company valued at $ 78,577,000 after purchasing an additional 1,763,343 shares last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Herbalife Nutrition shares by 18.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,194,666 shares in the company valued at $ 52,995,000 after purchasing an additional 188,287 shares last quarter. Institutional investors and hedge funds own 87.34% of the company’s stock.

Herbalife Nutrition company profile

Herbalife Nutrition Ltd. provides nutritional solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa and the Asia-Pacific region. The company offers products in the areas of weight management; targeted nutrition; Energy, exercise and fitness; and external nutrition. It offers weight management products including meal replacement products, protein shakes, drink mixes, weight loss enhancers, and healthy snacks; targeted nutritional products, including functional beverages and foods and supplements that contain herbs, vitamins, minerals and other natural ingredients; external nutritional products such as facial, body and hair care products; and energy, exercise and fitness products, which include NRG tea and energy drink products.

Continue reading: Why invest in dividend kings

Get a Free Copy of the Zacks Herbalife Nutrition (HLF) Research Report

For more information on Zacks Investment Research’s research offerings, please visit Zacks.com

This instant news alert was generated through narrative science technology and financial data from MarketBeat to provide readers with the fastest, most accurate coverage. This story has been reviewed by the editorial staff of MarketBeat prior to publication. Please send questions or comments about this story to [email protected]

Should You Invest $ 1,000 in Herbalife Nutrition Now?

Before you consider Herbalife Nutrition, this is what you should hear.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts are whispering to customers to buy now, before the broader market takes hold … and Herbalife Nutrition wasn’t on the list.

While Herbalife Nutrition analysts currently have a “Buy” rating, top-rated analysts think these five stocks are better buys.

Check out the 5 stocks here