EntryPoint Capital LLC purchased a new position in shares of Herbalife Ltd. (NYSE:HLF - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 71,833 shares of the company's stock, valued at approximately $481,000. EntryPoint Capital LLC owned 0.07% of Herbalife as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in HLF. Vanguard Group Inc. grew its position in 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 buying an additional 785,574 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Herbalife by 8.7% in the 4th 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 period. Geode Capital Management LLC increased its stake in Herbalife by 4.2% in the 3rd quarter. Geode Capital Management LLC now owns 2,615,514 shares of the company's stock valued at $18,809,000 after purchasing an additional 105,431 shares in the last quarter. Iridian Asset Management LLC CT raised its holdings in Herbalife by 12.5% during the fourth quarter. Iridian Asset Management LLC CT now owns 2,507,740 shares of the company's stock worth $16,777,000 after purchasing an additional 279,547 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in Herbalife by 20.2% during the third 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 in the last quarter.
Herbalife Stock Down 0.7 %
Herbalife stock traded down $0.06 during midday trading on Friday, hitting $8.56. The company's stock had a trading volume of 1,012,977 shares, compared to its average volume of 2,317,386. Herbalife Ltd. has a 12 month low of $5.04 and a 12 month high of $12.79. The company has a market capitalization of $867.28 million, a PE ratio of 3.44, a price-to-earnings-growth ratio of 0.29 and a beta of 1.03. The stock's 50-day moving average price is $7.16 and its 200-day moving average price is $7.24.
Herbalife (NYSE:HLF - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.28. Herbalife had a negative return on equity of 20.78% and a net margin of 5.09%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. As a group, equities analysts anticipate that Herbalife Ltd. will post 1.57 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on HLF shares. DA Davidson upgraded shares of Herbalife from a "neutral" rating to a "buy" rating and upped their target price for the company from $7.50 to $14.00 in a report on Friday, March 21st. StockNews.com upgraded Herbalife from a "buy" rating to a "strong-buy" rating in a research note on Friday, March 21st. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $12.00.
View Our Latest Research Report on Herbalife
Insider Buying and Selling
In other Herbalife news, Director Juan Miguel Mendoza bought 5,000 shares of the stock in a transaction that occurred on 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 completion of the purchase, the director now directly owns 132,500 shares in the company, valued at $1,093,125. The trade was a 3.92 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.73% of the stock is owned by company insiders.
About Herbalife
(
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.
Recommended Stories

Before you consider Herbalife, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Herbalife wasn't on the list.
While Herbalife currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.