Aperio Group LLC Acquires 1,503 Shares of Herbalife LTD. (HLF)
Aperio Group LLC increased its position in shares of Herbalife LTD. (NYSE:HLF) by 6.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,887 shares of the company’s stock after buying an additional 1,503 shares during the period. Aperio Group LLC’s holdings in Herbalife LTD. were worth $1,756,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Acadian Asset Management LLC purchased a new stake in Herbalife LTD. during the second quarter worth $106,000. Phocas Financial Corp. acquired a new position in Herbalife LTD. during the second quarter worth $124,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Herbalife LTD. by 11.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,523 shares of the company’s stock worth $180,000 after acquiring an additional 268 shares during the period. The Manufacturers Life Insurance Company raised its position in Herbalife LTD. by 7.2% during the second quarter. The Manufacturers Life Insurance Company now owns 2,821 shares of the company’s stock worth $201,000 after acquiring an additional 189 shares during the period. Finally, Allen Investment Management LLC acquired a new position in Herbalife LTD. during the second quarter worth $213,000.
A number of equities analysts have weighed in on the stock. Pivotal Research restated a “buy” rating and set a $120.00 price objective on shares of Herbalife LTD. in a research report on Thursday, July 20th. ValuEngine upgraded shares of Herbalife LTD. from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. BidaskClub cut shares of Herbalife LTD. from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Citigroup Inc. restated a “hold” rating and set a $73.00 price objective (up from $71.00) on shares of Herbalife LTD. in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research cut shares of Herbalife LTD. from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. Herbalife LTD. has an average rating of “Hold” and a consensus price target of $83.25.
Shares of Herbalife LTD. (NYSE HLF) opened at $65.03 on Wednesday. The company has a market cap of $5,654.74, a PE ratio of 14.19 and a beta of 1.32. The company has a debt-to-equity ratio of 9.94, a current ratio of 2.65 and a quick ratio of 2.24. Herbalife LTD. has a 12-month low of $47.62 and a 12-month high of $79.64.
Herbalife LTD. (NYSE:HLF) last issued its earnings results on Thursday, November 2nd. The company reported $0.82 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.82. Herbalife LTD. had a net margin of 8.60% and a return on equity of 176.64%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the prior year, the business earned $1.21 earnings per share. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. sell-side analysts anticipate that Herbalife LTD. will post 4.55 EPS for the current fiscal year.
Herbalife LTD. Company Profile
Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.
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