Herbalife Ltd. Draws Bearish Options Activity Today

 Herbalife Ltd. Draws Bearish Options Activity Today

In today’s session Herbalife Ltd. (HLF) recorded an unusually high (716) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious HLF decrease. With 716 contracts traded and 24914 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: HLF161021P00060000 closed last at: $0.49 or 6.5% up. About 220,341 shares traded hands. Herbalife Ltd. (NYSE:HLF) has risen 6.14% since March 15, 2016 and is uptrending. It has outperformed by 0.65% the S&P500.

Analysts await Herbalife Ltd. (NYSE:HLF) to report earnings on November, 1. They expect $1.08 earnings per share, down 15.63% or $0.20 from last year’s $1.28 per share. HLF’s profit will be $99.76 million for 14.41 P/E if the $1.08 EPS becomes a reality. After $1.29 actual earnings per share reported by Herbalife Ltd. for the previous quarter, Wall Street now forecasts -16.28% negative EPS growth.

Herbalife Ltd. (NYSE:HLF) Ratings Coverage

Out of 3 analysts covering Herbalife (NYSE:HLF), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Herbalife has been the topic of 10 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Zacks on Friday, August 7. Barclays Capital maintained the shares of HLF in a report on Tuesday, August 4 with “Overweight” rating. The rating was maintained by Pivotal Research on Tuesday, August 4 with “Buy”. The firm has “Buy” rating given on Wednesday, November 4 by Pivotal Research. Pivotal Research maintained the stock with “Buy” rating in Thursday, August 27 report. The firm earned “Buy” rating on Monday, August 31 by Vetr. The stock of Herbalife Ltd. (NYSE:HLF) has “Neutral” rating given on Tuesday, July 21 by Sterne Agee CRT. Vetr downgraded the stock to “Buy” rating in Friday, August 7 report.

According to Zacks Investment Research, “Herbalife is a global network marketing company offering a range of science-based weight management products, nutritional supplements and personal care products intended to support weight loss and a healthy lifestyle.”

Insitutional Activity: The institutional sentiment decreased to 1.29 in Q2 2016. Its down 0.03, from 1.32 in 2016Q1. The ratio is negative, as 23 funds sold all Herbalife Ltd. shares owned while 71 reduced positions. 39 funds bought stakes while 82 increased positions. They now own 87.76 million shares or 3.47% less from 90.91 million shares in 2016Q1.
Moreover, Envestnet Asset has 0% invested in Herbalife Ltd. (NYSE:HLF) for 4,950 shares. The Florida-based Dreman Value Management L L C has invested 0.02% in Herbalife Ltd. (NYSE:HLF). Winfield Assoc reported 10 shares or 0% of all its holdings. Moreover, Hudson Bay Capital Ltd Partnership has 0.3% invested in Herbalife Ltd. (NYSE:HLF) for 164,711 shares. The New York-based Aristeia Ltd Liability has invested 1.34% in Herbalife Ltd. (NYSE:HLF). Invesco holds 166,815 shares or 0% of its portfolio. Hap Trading Ltd Liability Com reported 244,283 shares or 0.84% of all its holdings. Caisse De Depot Et Placement Du Quebec, a Quebec – Canada-based fund reported 128,000 shares. Balyasny Asset Management Lc has invested 0% of its portfolio in Herbalife Ltd. (NYSE:HLF). Indus Ltd reported 2.63M shares or 14.92% of all its holdings. The New York-based Morgan Stanley has invested 0.04% in Herbalife Ltd. (NYSE:HLF). Commerzbank Aktiengesellschaft Fi last reported 0.03% of its portfolio in the stock. Gateway Advisers Llc holds 0.03% or 57,761 shares in its portfolio. Serengeti Asset Mngmt Lp holds 3.16% of its portfolio in Herbalife Ltd. (NYSE:HLF) for 250,000 shares. Perceptive Limited Liability owns 1,250 shares or 0.01% of their US portfolio.

Herbalife Ltd. is a global nutrition company. The company has a market cap of $5.75 billion. 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. It has a 21.32 P/E ratio. The Company’s divisions include North America; Mexico; South & Central America; Europe, Middle East, and Africa ; Asia Pacific, and China.

HLF Company Profile

Herbalife Ltd., incorporated on April 4, 2002, is a global nutrition company. 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. The Company’s divisions include North America; Mexico; South & Central America; Europe, Middle East, and Africa (EMEA); Asia Pacific, and China. The Firm markets and sells over 140 products, encompassing approximately 5,000 stock keeping units (SKUs) globally.

More notable recent Herbalife Ltd. (NYSE:HLF) news were published by: Seekingalpha.com which released: “Herbalife’s Qualification Crowd Is In Trouble” on October 18, 2016, also Bloomberg.com with their article: “Herbalife Said to Consider Reinstating Buybacks After FTC Probe” published on July 29, 2016, Fool.com published: “Why Herbalife Ltd. Shares Soared Today” on July 15, 2016. More interesting news about Herbalife Ltd. (NYSE:HLF) were released by: Fool.com and their article: “Why Herbalife Ltd. Stock Jumped 16% Last Month” published on August 08, 2016 as well as Valuewalk.com‘s news article titled: “Are Herbalife LTD. (HLF) Products Claiming Lives?” with publication date: September 22, 2016.

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