211,850 Shares in Herbalife Ltd. (NYSE:HLF) Purchased by Bryce Point Capital LLC

Bryce Point Capital LLC purchased a new position in shares of Herbalife Ltd. (NYSE:HLF - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 211,850 shares of the company's stock, valued at approximately $1,417,000. Bryce Point Capital LLC owned 0.21% of Herbalife at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Arrowstreet Capital Limited Partnership lifted its stake in Herbalife by 777.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,987,490 shares of the company's stock valued at $19,986,000 after buying an additional 2,646,848 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Herbalife by 7.5% in the 4th quarter. Vanguard Group Inc. now owns 11,271,417 shares of the company's stock worth $75,406,000 after acquiring an additional 785,574 shares during the period. Thompson Siegel & Walmsley LLC lifted its position in Herbalife by 110.2% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,022,605 shares of the company's stock valued at $6,841,000 after purchasing an additional 536,196 shares during the last quarter. Perpetual Ltd boosted its stake in Herbalife by 107.1% during the 4th quarter. Perpetual Ltd now owns 966,063 shares of the company's stock valued at $6,463,000 after purchasing an additional 499,572 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC grew its position in Herbalife by 20.2% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 2,287,600 shares of the company's stock worth $16,448,000 after purchasing an additional 384,100 shares during the last quarter.

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Insider Activity

In other news, Director Juan Miguel Mendoza acquired 5,000 shares of Herbalife stock in a transaction on Thursday, February 27th. The stock was bought at an average cost of $8.25 per share, with a total value of $41,250.00. Following the completion of the purchase, the director now owns 132,500 shares of the company's stock, valued at $1,093,125. This represents a 3.92 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.73% of the company's stock.

Herbalife Price Performance

Shares of HLF traded down $0.20 during midday trading on Friday, reaching $8.27. The stock had a trading volume of 2,252,171 shares, compared to its average volume of 2,247,509. The firm's 50 day moving average price is $7.37 and its 200-day moving average price is $7.29. Herbalife Ltd. has a 52 week low of $5.04 and a 52 week high of $12.79. The company has a market capitalization of $837.58 million, a P/E ratio of 3.32, a P/E/G ratio of 0.29 and a beta of 1.02.

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, beating 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 company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. On average, equities analysts forecast that Herbalife Ltd. will post 1.57 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HLF. StockNews.com raised Herbalife from a "buy" rating to a "strong-buy" rating in a report on Friday, March 21st. DA Davidson raised Herbalife from a "neutral" rating to a "buy" rating and raised their price target for the company from $7.50 to $14.00 in a report on Friday, March 21st. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $12.00.

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.