Vanguard Group Inc. Trims Stock Holdings in Herbalife Ltd $HLF

Vanguard Group Inc. lowered its holdings in Herbalife Ltd (NYSE:HLF) by 1.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,173,165 shares of the company’s stock after selling 242,053 shares during the period. Vanguard Group Inc. owned approximately 0.12% of Herbalife worth $102,742,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. AQR Capital Management LLC raised its holdings in Herbalife by 236.8% during the 1st quarter. AQR Capital Management LLC now owns 133,245 shares of the company’s stock valued at $1,150,000 after acquiring an additional 93,686 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Herbalife by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,964 shares of the company’s stock valued at $517,000 after purchasing an additional 2,523 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Herbalife by 12.9% during the 1st quarter. Empowered Funds LLC now owns 30,301 shares of the company’s stock valued at $261,000 after purchasing an additional 3,474 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Herbalife by 3.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 210,904 shares of the company’s stock worth $1,820,000 after purchasing an additional 6,747 shares in the last quarter. Finally, Envestnet Asset Management Inc. bought a new position in Herbalife in the 2nd quarter worth about $118,000.

Analyst Upgrades and Downgrades

HLF has been the topic of a number of recent analyst reports. Mizuho set a $13.00 price target on shares of Herbalife and gave the stock a “neutral” rating in a report on Thursday, January 8th. Maxim Group began coverage on shares of Herbalife in a research note on Tuesday, January 6th. They issued a “buy” rating and a $20.00 target price on the stock. Citigroup restated a “buy” rating and set a $21.00 price target (up from $17.00) on shares of Herbalife in a research report on Thursday, February 19th. Argus set a $15.00 price objective on Herbalife in a research report on Wednesday, November 26th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Herbalife in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $16.60.

Herbalife Stock Down 2.8%

Shares of NYSE:HLF opened at $17.25 on Thursday. The stock has a market cap of $1.78 billion, a PE ratio of 7.84, a PEG ratio of 1.06 and a beta of 0.83. The company’s fifty day moving average is $16.37 and its 200 day moving average is $12.28. Herbalife Ltd has a 52 week low of $6.20 and a 52 week high of $20.40.

Herbalife (NYSE:HLF) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.03). The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.24 billion. Herbalife had a net margin of 4.53% and a negative return on equity of 35.02%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business posted $0.36 earnings per share. Sell-side analysts anticipate that Herbalife Ltd will post 1.57 EPS for the current year.

Herbalife Company Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.