Thompson Siegel & Walmsley LLC Cuts Stock Holdings in Herbalife Ltd $HLF

Thompson Siegel & Walmsley LLC decreased its position in shares of Herbalife Ltd (NYSE:HLF) by 44.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 386,387 shares of the company’s stock after selling 314,937 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Herbalife were worth $4,981,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Optimize Financial Inc grew its holdings in shares of Herbalife by 1.5% during the fourth quarter. Optimize Financial Inc now owns 61,426 shares of the company’s stock valued at $792,000 after buying an additional 880 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Herbalife by 7.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,176 shares of the company’s stock valued at $200,000 after purchasing an additional 933 shares during the period. The Manufacturers Life Insurance Company lifted its position in Herbalife by 3.4% during the second quarter. The Manufacturers Life Insurance Company now owns 36,642 shares of the company’s stock valued at $316,000 after purchasing an additional 1,217 shares during the period. CWM LLC lifted its position in Herbalife by 5.9% during the fourth quarter. CWM LLC now owns 24,229 shares of the company’s stock valued at $312,000 after purchasing an additional 1,348 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its position in Herbalife by 8.9% during the fourth quarter. Harbor Capital Advisors Inc. now owns 16,488 shares of the company’s stock valued at $213,000 after purchasing an additional 1,351 shares during the period.

Herbalife Trading Down 0.4%

HLF opened at $11.91 on Tuesday. Herbalife Ltd has a 1-year low of $7.36 and a 1-year high of $20.40. The company has a market capitalization of $1.24 billion, a PE ratio of 5.23, a PEG ratio of 0.71 and a beta of 0.89. The firm’s 50 day simple moving average is $14.55 and its two-hundred day simple moving average is $14.78.

Herbalife (NYSE:HLF) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. Herbalife had a net margin of 4.67% and a negative return on equity of 41.47%. The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same period last year, the firm earned $0.59 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. Equities analysts forecast that Herbalife Ltd will post 2.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HLF shares. Royal Bank Of Canada lowered their price objective on shares of Herbalife from $17.00 to $16.00 and set a “sector perform” rating on the stock in a research report on Tuesday, April 28th. Weiss Ratings downgraded shares of Herbalife from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 22nd. Mizuho set a $17.00 price objective on shares of Herbalife in a research report on Monday, May 4th. Citigroup restated a “buy” rating and set a $21.00 price objective (up from $17.00) on shares of Herbalife in a research report on Thursday, February 19th. Finally, Zacks Research downgraded shares of Herbalife from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $17.80.

Insider Activity at Herbalife

In other news, insider Frank Lamberti sold 134,982 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $13.50, for a total value of $1,822,257.00. Following the completion of the sale, the insider directly owned 36,624 shares of the company’s stock, valued at $494,424. This represents a 78.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Troy Hicks sold 38,377 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $12.93, for a total transaction of $496,214.61. Following the completion of the sale, the chief operating officer directly owned 9,062 shares of the company’s stock, valued at approximately $117,171.66. This trade represents a 80.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 191,296 shares of company stock worth $2,551,678 over the last quarter. Insiders own 5.13% of the company’s stock.

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.