Herbalife Ltd. (NYSE:HLF) Shares Bought by Arena Capital Advisors LLC CA

Arena Capital Advisors LLC CA raised its position in Herbalife Ltd. (NYSE:HLF) by 55.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,210 shares of the company’s stock after acquiring an additional 12,210 shares during the quarter. Herbalife accounts for about 0.5% of Arena Capital Advisors LLC CA’s investment portfolio, making the stock its 8th largest holding. Arena Capital Advisors LLC CA’s holdings in Herbalife were worth $522,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in shares of Herbalife by 6.5% in the first quarter. Envestnet Asset Management Inc. now owns 12,308 shares of the company’s stock worth $374,000 after buying an additional 747 shares during the last quarter. Advisor Group Holdings Inc. increased its stake in shares of Herbalife by 50.0% in the first quarter. Advisor Group Holdings Inc. now owns 4,243 shares of the company’s stock worth $128,000 after buying an additional 1,415 shares during the last quarter. Citigroup Inc. increased its stake in shares of Herbalife by 8.9% in the first quarter. Citigroup Inc. now owns 18,413 shares of the company’s stock worth $559,000 after buying an additional 1,503 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Herbalife by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,011,947 shares of the company’s stock worth $30,723,000 after buying an additional 17,482 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Herbalife in the first quarter worth $379,000.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Bank of America dropped their price target on shares of Herbalife from $10.00 to $8.00 and set an “underperform” rating for the company in a research note on Thursday, March 21st. StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a research note on Friday, February 16th. Mizuho dropped their price target on shares of Herbalife from $12.00 to $10.00 and set a “neutral” rating for the company in a research note on Thursday, March 21st. Finally, DA Davidson dropped their price target on shares of Herbalife from $11.00 to $9.50 and set a “neutral” rating for the company in a research note on Monday, March 25th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $10.50.

Insider Activity

In other news, CEO Michael Johnson purchased 61,725 shares of Herbalife stock in a transaction dated Friday, February 16th. The stock was bought at an average price of $8.07 per share, with a total value of $498,120.75. Following the completion of the acquisition, the chief executive officer now owns 603,707 shares in the company, valued at approximately $4,871,915.49. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, EVP Henry C. Wang purchased 2,778 shares of Herbalife stock in a transaction dated Tuesday, March 26th. The stock was bought at an average price of $9.30 per share, with a total value of $25,835.40. Following the completion of the acquisition, the executive vice president now owns 176,194 shares in the company, valued at approximately $1,638,604.20. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael Johnson purchased 61,725 shares of Herbalife stock in a transaction dated Friday, February 16th. The shares were purchased at an average cost of $8.07 per share, with a total value of $498,120.75. Following the acquisition, the chief executive officer now owns 603,707 shares of the company’s stock, valued at approximately $4,871,915.49. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 85,757 shares of company stock valued at $723,278. 0.94% of the stock is currently owned by company insiders.

Herbalife Trading Up 2.9 %

Herbalife stock traded up $0.25 during mid-day trading on Friday, reaching $8.84. The company’s stock had a trading volume of 1,495,018 shares, compared to its average volume of 2,761,404. The firm has a market cap of $882.14 million, a price-to-earnings ratio of 6.23 and a beta of 1.22. The business has a 50 day moving average price of $8.90 and a 200-day moving average price of $11.87. Herbalife Ltd. has a twelve month low of $6.68 and a twelve month high of $19.48.

Herbalife (NYSE:HLF) last released its quarterly earnings data on Wednesday, February 14th. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.10). The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. Herbalife had a negative return on equity of 19.56% and a net margin of 2.81%. The business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.53 EPS. On average, equities analysts expect that Herbalife Ltd. will post 1.8 EPS for the current fiscal year.

Herbalife 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.