US Bancorp DE Purchases Shares of 48,072 Herbalife Ltd. (NYSE:HLF)

US Bancorp DE purchased a new stake in shares of Herbalife Ltd. (NYSE:HLF - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 48,072 shares of the company's stock, valued at approximately $322,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. R Squared Ltd purchased a new stake in Herbalife in the fourth quarter worth about $63,000. Van ECK Associates Corp lifted its stake in shares of Herbalife by 110.4% in 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 period. Range Financial Group LLC bought a new stake in shares of Herbalife during the fourth quarter valued at approximately $124,000. SG Americas Securities LLC lifted its position in Herbalife by 83.5% during the fourth quarter. SG Americas Securities LLC now owns 18,884 shares of the company's stock valued at $126,000 after buying an additional 8,591 shares during the period. Finally, Prospera Financial Services Inc bought a new stake in shares of Herbalife during the 3rd quarter valued at $154,000.

Analyst Ratings Changes

Separately, DA Davidson reissued a "neutral" rating and set a $7.50 price target on shares of Herbalife in a research report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $9.90.

Insider Transactions at Herbalife

In other Herbalife news, Director Juan Miguel Mendoza acquired 5,000 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The shares were bought at an average price of $8.25 per share, with a total value of $41,250.00. Following the completion of the acquisition, the director now owns 132,500 shares in the company, valued at $1,093,125. This represents a 3.92 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.94% of the company's stock.

Herbalife Trading Up 4.9 %

NYSE:HLF traded up $0.40 during mid-day trading on Monday, reaching $8.45. The company's stock had a trading volume of 1,710,624 shares, compared to its average volume of 2,202,393. The stock has a market cap of $855.82 million, a P/E ratio of 3.39, a PEG ratio of 0.29 and a beta of 1.03. The firm's fifty day moving average price is $6.82 and its two-hundred day moving average price is $7.21. Herbalife Ltd. has a 12-month low of $5.04 and a 12-month high of $12.79.

Herbalife (NYSE:HLF - Get Free Report) last issued its quarterly earnings data 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 net margin of 5.09% and a negative return on equity of 20.78%. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. Analysts predict that Herbalife Ltd. will post 1.57 earnings per share 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.