Janus Henderson Group PLC boosted its position in Herbalife Ltd. (NYSE:HLF) by 334.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,856 shares of the company’s stock after purchasing an additional 69,959 shares during the quarter. Janus Henderson Group PLC owned about 0.10% of Herbalife worth $6,163,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cowen Inc. acquired a new position in shares of Herbalife during the 3rd quarter worth $8,025,000. University of Notre Dame DU Lac raised its holdings in shares of Herbalife by 29.9% during the 3rd quarter. University of Notre Dame DU Lac now owns 76,216 shares of the company’s stock worth $5,170,000 after buying an additional 17,562 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its holdings in shares of Herbalife by 1.8% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 71,881 shares of the company’s stock worth $4,876,000 after buying an additional 1,258 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Herbalife by 1.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 428,764 shares of the company’s stock worth $29,083,000 after buying an additional 5,932 shares in the last quarter. Finally, Stonehill Capital Management LLC raised its holdings in shares of Herbalife by 43.8% during the 3rd quarter. Stonehill Capital Management LLC now owns 512,211 shares of the company’s stock worth $34,743,000 after buying an additional 155,912 shares in the last quarter.
Shares of Herbalife Ltd. (NYSE:HLF) opened at $69.35 on Friday. Herbalife Ltd. has a 52-week low of $49.12 and a 52-week high of $79.64. The company has a debt-to-equity ratio of 9.94, a quick ratio of 2.24 and a current ratio of 2.65. The company has a market capitalization of $6,050.00, a PE ratio of 15.73 and a beta of 1.25.
Herbalife (NYSE:HLF) last announced its earnings results on Thursday, November 2nd. The company reported $0.82 EPS for the quarter, meeting the consensus estimate of $0.82. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.09 billion. Herbalife had a return on equity of 176.64% and a net margin of 8.60%. The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.21 EPS. research analysts forecast that Herbalife Ltd. will post 4.55 earnings per share for the current year.
A number of brokerages have issued reports on HLF. Zacks Investment Research raised Herbalife from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 3rd. ValuEngine raised Herbalife from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 22nd. Pivotal Research reaffirmed a “buy” rating and issued a $120.00 target price on shares of Herbalife in a report on Tuesday, October 3rd. Citigroup reaffirmed a “hold” rating and issued a $73.00 target price (up previously from $71.00) on shares of Herbalife in a report on Tuesday, October 3rd. Finally, SunTrust Banks reiterated a “hold” rating and issued a $67.00 price target on shares of Herbalife in a research report on Friday, November 10th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $83.25.
In other news, SVP Thomas Harms sold 8,532 shares of the stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $68.49, for a total value of $584,356.68. Following the completion of the sale, the senior vice president now directly owns 1,000 shares of the company’s stock, valued at $68,490. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Shin-Shing Bosco Chiu sold 2,380 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $69.98, for a total value of $166,552.40. Following the completion of the sale, the insider now directly owns 5,000 shares of the company’s stock, valued at $349,900. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,444 shares of company stock worth $1,335,266. Corporate insiders own 4.95% of the company’s stock.
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Herbalife Company Profile
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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