Herbalife Ltd. (NYSE:HLF) Shares Bought by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership grew its position in Herbalife Ltd. (NYSE:HLF - Free Report) by 777.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,987,490 shares of the company's stock after acquiring an additional 2,646,848 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 2.96% of Herbalife worth $19,986,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in HLF. Vanguard Group Inc. raised its holdings in shares of Herbalife by 7.5% during the fourth quarter. Vanguard Group Inc. now owns 11,271,417 shares of the company's stock worth $75,406,000 after purchasing an additional 785,574 shares during the period. Thompson Siegel & Walmsley LLC grew its position in shares of Herbalife by 110.2% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,022,605 shares of the company's stock valued at $6,841,000 after buying an additional 536,196 shares during the last quarter. Perpetual Ltd raised its stake in Herbalife by 107.1% during the fourth quarter. Perpetual Ltd now owns 966,063 shares of the company's stock worth $6,463,000 after acquiring an additional 499,572 shares during the period. Iridian Asset Management LLC CT lifted its holdings in Herbalife by 12.5% in the fourth quarter. Iridian Asset Management LLC CT now owns 2,507,740 shares of the company's stock worth $16,777,000 after acquiring an additional 279,547 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Herbalife by 8.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,696,560 shares of the company's stock worth $18,040,000 after acquiring an additional 216,603 shares during the last quarter.

Herbalife Stock Down 9.1 %

HLF stock traded down $0.71 during trading on Tuesday, reaching $7.07. 2,066,011 shares of the company's stock were exchanged, compared to its average volume of 2,246,090. Herbalife Ltd. has a 1-year low of $5.04 and a 1-year high of $12.79. The firm has a market cap of $715.97 million, a PE ratio of 2.84, a P/E/G ratio of 0.29 and a beta of 1.02. The company's fifty day moving average price is $7.44 and its 200-day moving average price is $7.30.

Herbalife (NYSE:HLF - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.28. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. As a group, sell-side analysts expect that Herbalife Ltd. will post 1.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on HLF shares. StockNews.com upgraded Herbalife from a "buy" rating to a "strong-buy" rating in a research report on Friday, March 21st. DA Davidson raised Herbalife from a "neutral" rating to a "buy" rating and increased their target price for the stock from $7.50 to $14.00 in a research report on Friday, March 21st. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $12.00.

Insider Activity

In other news, Director Juan Miguel Mendoza bought 5,000 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average price of $8.25 per share, with a total value of $41,250.00. Following the completion of the acquisition, the director now directly owns 132,500 shares in the company, valued at approximately $1,093,125. This trade represents a 3.92 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.73% of the company's stock.

Herbalife Company 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.