Herbalife Sees Unusually High Options Volume (NYSE:HLF)

Herbalife Ltd. (NYSE:HLF - Get Free Report) was the recipient of some unusual options trading on Thursday. Stock investors bought 17,980 call options on the company. This is an increase of approximately 480% compared to the average daily volume of 3,098 call options.

Herbalife Stock Up 4.4 %

NYSE:HLF traded up $0.37 during trading hours on Monday, reaching $8.68. 5,150,252 shares of the company's stock were exchanged, compared to its average volume of 2,905,065. The company has a market capitalization of $877.91 million, a P/E ratio of 3.48, a price-to-earnings-growth ratio of 0.29 and a beta of 1.15. The business's 50-day simple moving average is $6.29 and its two-hundred day simple moving average is $7.20. Herbalife has a 12 month low of $5.04 and a 12 month high of $12.79.

Herbalife (NYSE:HLF - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.28. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. As a group, sell-side analysts anticipate that Herbalife will post 1.57 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Mizuho upped their target price on Herbalife from $8.00 to $9.00 and gave the company a "neutral" rating in a research report on Friday, November 1st. StockNews.com upgraded Herbalife from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. B. Riley reduced their price target on shares of Herbalife from $17.00 to $12.00 and set a "buy" rating for the company in a report on Thursday, October 31st. Finally, DA Davidson reaffirmed a "neutral" rating and issued a $7.50 price objective on shares of Herbalife in a report on Thursday. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $9.90.

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Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HLF. Quadrant Capital Group LLC grew its stake in Herbalife by 641.5% during the 4th quarter. Quadrant Capital Group LLC now owns 4,293 shares of the company's stock valued at $29,000 after acquiring an additional 3,714 shares in the last quarter. R Squared Ltd acquired a new position in Herbalife in the 4th quarter valued at approximately $63,000. Van ECK Associates Corp lifted its position in Herbalife by 110.4% in the 4th quarter. Van ECK Associates Corp now owns 10,526 shares of the company's stock worth $70,000 after buying an additional 5,524 shares in the last quarter. Bridgefront Capital LLC purchased a new stake in Herbalife in the 4th quarter worth approximately $71,000. Finally, Headlands Technologies LLC boosted its stake in shares of Herbalife by 12,307.6% during the 4th quarter. Headlands Technologies LLC now owns 11,415 shares of the company's stock valued at $76,000 after buying an additional 11,323 shares during the period.

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.