Huber Capital Management LLC Raises Stake in Herbalife Ltd. (NYSE:HLF)

Huber Capital Management LLC increased its position in shares of Herbalife Ltd. (NYSE:HLF - Free Report) by 760.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 317,600 shares of the company's stock after purchasing an additional 280,700 shares during the quarter. Huber Capital Management LLC owned approximately 0.32% of Herbalife worth $2,125,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC boosted its stake in shares of Herbalife by 3.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 44,790 shares of the company's stock worth $300,000 after buying an additional 1,636 shares during the last quarter. Swiss National Bank lifted its holdings in Herbalife by 1.6% during the fourth quarter. Swiss National Bank now owns 198,172 shares of the company's stock worth $1,326,000 after acquiring an additional 3,100 shares during the period. Cinctive Capital Management LP boosted its position in Herbalife by 3.6% in the third quarter. Cinctive Capital Management LP now owns 92,138 shares of the company's stock worth $662,000 after purchasing an additional 3,170 shares during the last quarter. Inspire Investing LLC grew its stake in Herbalife by 6.1% in the 4th quarter. Inspire Investing LLC now owns 59,879 shares of the company's stock valued at $401,000 after purchasing an additional 3,458 shares during the period. Finally, Van ECK Associates Corp increased its position in shares of Herbalife by 110.4% during the 4th quarter. Van ECK Associates Corp now owns 10,526 shares of the company's stock valued at $70,000 after purchasing an additional 5,524 shares during the last quarter.

Herbalife Stock Down 5.4 %

HLF traded down $0.42 during trading hours on Tuesday, hitting $7.35. The stock had a trading volume of 756,955 shares, compared to its average volume of 2,467,730. Herbalife Ltd. has a 1 year low of $5.04 and a 1 year high of $12.79. The company's fifty day simple moving average is $7.40 and its 200 day simple moving average is $7.30. The stock has a market cap of $744.65 million, a PE ratio of 2.95, a price-to-earnings-growth ratio of 0.29 and a beta of 1.02.

Herbalife (NYSE:HLF - Get Free Report) last posted its earnings results 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 firm 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, equities analysts expect that Herbalife Ltd. will post 1.57 EPS for the current year.

Insider Activity

In other news, Director Juan Miguel Mendoza bought 5,000 shares of the stock in a transaction on Thursday, February 27th. The shares were acquired at an average cost of $8.25 per share, for a total transaction of $41,250.00. Following the purchase, the director now directly owns 132,500 shares of the company's stock, valued at $1,093,125. This trade represents a 3.92 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.73% of the stock is owned by company insiders.

Analysts Set New Price Targets

HLF has been the topic of a number of research analyst reports. DA Davidson raised shares of Herbalife from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $7.50 to $14.00 in a report on Friday, March 21st. StockNews.com upgraded shares of Herbalife from a "buy" rating to a "strong-buy" rating in a research note on Friday, March 21st. One equities research 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $12.00.

About Herbalife

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.