6 days Ago By Defense World Staff
Legal & General Group Plc lessened its position in shares of Herbalife Ltd. (NYSE:HLF – Free Report) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor owned 104,244 shares of the company’s stock after selling 5,463 shares during the quarter. Legal & General Group Plc owned about 0.10% of Herbalife worth $697,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of HLF. Quadrant Capital Group LLC increased its position in shares of Herbalife by 641.5% during the fourth quarter.
Quadrant Capital Group LLC now owns 4,293 shares of the company’s stock worth $29,000 after purchasing an additional 3,714 shares in the last quarter. Huber Capital Management LLC increased its position in Herbalife by 760.7% during the 4th quarter.
Huber Capital Management LLC now owns 317,600 shares of the company’s stock valued at $2,125,000 after buying an additional 280,700 shares in the last quarter. Bryce Point Capital LLC purchased a new stake in Herbalife in the fourth quarter valued at about $1,417,000. Trexquant Investment LP acquired a new stake in Herbalife in the fourth quarter worth about $614,000.
Finally, Headlands Technologies LLC grew its stake in shares of Herbalife by 12,307.6% during the fourth quarter. Headlands Technologies LLC now owns 11,415 shares of the company’s stock worth $76,000 after acquiring an additional 11,323 shares during the last quarter.
Insider Activity at HerbalifeIn other news, Director Juan Miguel Mendoza acquired 5,000 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were acquired at an average price of $8.25 per share, with a total value of $41,250.
00. Following the purchase, the director now directly owns 132,500 shares of the company’s stock, valued at $1,093,125. This trade represents a 3.
92 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.
73% of the stock is owned by company insiders. Herbalife Trading Up 3.4 %HLF opened at $6.
90 on Tuesday. Herbalife Ltd. has a 12-month low of $5.
04 and a 12-month high of $12.79. The firm has a 50 day moving average of $7.
83 and a two-hundred day moving average of $7.25. The firm has a market capitalization of $699.
25 million, a PE ratio of 2.77, a P/E/G ratio of 0.29 and a beta of 1.
02. Herbalife (NYSE:HLF – Get Free Report) last issued its earnings results on Wednesday, February 19th. The company reported $0.
36 earnings per share (EPS) 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 firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.19 billion.
As a group, analysts predict that Herbalife Ltd. will post 1.57 EPS for the current fiscal year.
Analyst Ratings ChangesHLF has been the subject of a number of recent analyst reports. StockNews.com cut shares of Herbalife from a “strong-buy” rating to a “buy” rating in a research note on Tuesday.
DA Davidson upgraded shares of Herbalife from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $7.50 to $14.00 in a research note on Friday, March 21st.
One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $12.
00.Check Out Our Latest Stock Report on HerbalifeHerbalife Company Profile (Free Report)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.Read MoreFive stocks we like better than HerbalifeConsumer Discretionary Stocks ExplainedBest Defense Stocks in 2025..
. So FarHow to Short a Stock in 5 Easy Steps Alphabet Rebounds After Strong Earnings and Buyback Announcement3 Dividend Kings To ConsiderCould Selling Taiwan Semiconductor Be Buffett’s Biggest Regret?Want to see what other hedge funds are holding HLF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Herbalife Ltd.
(NYSE:HLF – Free Report)..
