Herbalife Ltd. (NYSE:HLF) Shares Sold by LSV Asset Management

LSV Asset Management lessened its position in Herbalife Ltd. (NYSE:HLF - Free Report) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,026,171 shares of the company's stock after selling 149,800 shares during the period. LSV Asset Management owned about 3.00% of Herbalife worth $20,245,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in HLF. Quadrant Capital Group LLC lifted its position in Herbalife by 641.5% during the fourth quarter. Quadrant Capital Group LLC now owns 4,293 shares of the company's stock worth $29,000 after buying an additional 3,714 shares during the period. R Squared Ltd purchased a new position in shares of Herbalife during the 4th quarter worth about $63,000. Van ECK Associates Corp grew its holdings in Herbalife by 110.4% in the fourth 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 period. Headlands Technologies LLC increased its holdings in shares of Herbalife by 12,307.6% during the 4th quarter. Headlands Technologies LLC now owns 11,415 shares of the company's stock worth $76,000 after buying an additional 11,323 shares during the last quarter. Finally, Range Financial Group LLC acquired a new stake in Herbalife during the fourth quarter worth about $124,000.

Analyst Upgrades and Downgrades

HLF has been the subject of a number of research reports. StockNews.com upgraded Herbalife from a "buy" rating to a "strong-buy" rating in a report on Friday, March 21st. DA Davidson upgraded shares of Herbalife from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $7.50 to $14.00 in a research note on Friday, March 21st. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned 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 a consensus price target of $12.00.

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Insider Transactions at Herbalife

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

Herbalife Stock Performance

Shares of NYSE:HLF traded down $0.29 during mid-day trading on Wednesday, hitting $6.27. 2,120,661 shares of the company traded hands, compared to its average volume of 2,244,626. Herbalife Ltd. has a 52-week low of $5.04 and a 52-week high of $12.79. The firm's 50 day simple moving average is $7.62 and its 200 day simple moving average is $7.27. The firm has a market cap of $635.41 million, a P/E ratio of 2.52, a PEG ratio of 0.29 and a beta of 1.02.

Herbalife (NYSE:HLF - Get Free Report) last announced its earnings results 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 business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Equities research analysts expect 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.