News articles about Herbalife (NYSE:HLF) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Herbalife earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.3085050114642 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Spark Investment Management LLC Acquires 20,400 Shares of Herbalife Ltd. (HLF) (americanbankingnews.com)
- SunTrust Banks Weighs in on Herbalife Ltd.’s Q4 2018 Earnings (HLF) (americanbankingnews.com)
- Swiss National Bank Reduces Stake in Herbalife Ltd. (HLF) (americanbankingnews.com)
- Victory Capital Management Inc. Has $1.29 Million Position in Herbalife Ltd. (HLF) (americanbankingnews.com)
- Arrowstreet Capital Limited Partnership Invests $20.06 Million in Herbalife Ltd. (HLF) (americanbankingnews.com)
Shares of Herbalife (HLF) traded up $0.67 during midday trading on Monday, hitting $86.30. 2,076,285 shares of the stock were exchanged, compared to its average volume of 1,144,989. The company has a market capitalization of $7,570.00, a PE ratio of 19.22 and a beta of 1.37. Herbalife has a 52 week low of $50.70 and a 52 week high of $87.44. The company has a current ratio of 2.05, a quick ratio of 1.68 and a debt-to-equity ratio of -6.47.
A number of equities analysts have recently weighed in on HLF shares. Pivotal Research reissued a “buy” rating and set a $120.00 price target on shares of Herbalife in a research report on Thursday, January 25th. ValuEngine cut shares of Herbalife from a “strong-buy” rating to a “buy” rating in a research report on Monday, December 4th. SunTrust Banks reissued a “hold” rating and set a $67.00 price target on shares of Herbalife in a research report on Friday, November 10th. Zacks Investment Research raised shares of Herbalife from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, Citigroup reissued a “neutral” rating and set a $85.00 price target (up from $73.00) on shares of Herbalife in a research report on Thursday. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $86.25.
In related news, SVP Thomas Harms sold 8,532 shares of the business’s stock in a transaction on Friday, December 29th. The shares were sold at an average price of $68.49, for a total value of $584,356.68. Following the sale, the senior vice president now directly owns 1,000 shares of the company’s stock, valued at approximately $68,490. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shin-Shing Bosco Chiu sold 2,380 shares of the business’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $69.98, for a total transaction of $166,552.40. Following the completion of the sale, the insider now directly owns 5,000 shares in the company, valued at $349,900. The disclosure for this sale can be found here. Insiders sold a total of 39,913 shares of company stock worth $2,944,895 over the last ninety days. 4.95% of the stock is currently owned by insiders.
Herbalife Ltd. is a global nutrition company. 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. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.
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