Johnson Financial Group LLC Takes Position in Herbalife Ltd. (NYSE:HLF)

Johnson Financial Group LLC bought 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 (SEC). The firm bought 33,000 shares of the company's stock, valued at approximately $221,000.

A number of other institutional investors have also modified their holdings of the stock. Geode Capital Management LLC increased its position in shares of Herbalife by 4.2% during the third quarter. Geode Capital Management LLC now owns 2,615,514 shares of the company's stock worth $18,809,000 after acquiring an additional 105,431 shares during the period. Iridian Asset Management LLC CT increased its position in shares of 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 acquiring an additional 279,547 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Herbalife by 6.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,479,957 shares of the company's stock worth $17,831,000 after acquiring an additional 160,792 shares during the period. Hotchkis & Wiley Capital Management LLC increased its position in shares of 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 acquiring an additional 384,100 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of Herbalife by 15.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,539,148 shares of the company's stock worth $11,066,000 after acquiring an additional 206,530 shares during the period.

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Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HLF. StockNews.com raised shares of Herbalife from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. Mizuho lifted their price objective on shares of Herbalife from $8.00 to $9.00 and gave the company a "neutral" rating in a report on Friday, November 1st. Finally, DA Davidson reissued a "neutral" rating and set a $7.50 price objective on shares of Herbalife in a report on Thursday, February 20th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $9.90.

Herbalife Stock Up 0.7 %

HLF stock traded up $0.06 during trading on Friday, hitting $8.32. 2,172,988 shares of the company's stock traded hands, compared to its average volume of 2,888,500. The firm has a market capitalization of $841.45 million, a P/E ratio of 3.34, a PEG ratio of 0.29 and a beta of 1.15. The business has a fifty day simple moving average of $6.44 and a two-hundred day simple moving average of $7.21. Herbalife Ltd. has a 1 year low of $5.04 and a 1 year high of $12.79.

Herbalife (NYSE:HLF - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.28. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. Herbalife had a negative return on equity of 20.78% and a net margin of 5.09%. On average, equities research analysts predict that Herbalife Ltd. will post 1.57 EPS for the current fiscal year.

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.