GSA Capital Partners LLP Buys Shares of 107,928 Herbalife Ltd $HLF

GSA Capital Partners LLP bought a new position in Herbalife Ltd (NYSE:HLFFree Report) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 107,928 shares of the company’s stock, valued at approximately $911,000.

Other institutional investors have also made changes to their positions in the company. The Manufacturers Life Insurance Company grew its stake in shares of Herbalife by 3.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 36,642 shares of the company’s stock valued at $316,000 after buying an additional 1,217 shares in the last quarter. Savant Capital LLC increased its position in Herbalife by 14.5% during the second quarter. Savant Capital LLC now owns 17,385 shares of the company’s stock worth $150,000 after buying an additional 2,204 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Herbalife by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,964 shares of the company’s stock valued at $517,000 after buying an additional 2,523 shares in the last quarter. Empowered Funds LLC raised its holdings in Herbalife by 12.9% during the first quarter. Empowered Funds LLC now owns 30,301 shares of the company’s stock valued at $261,000 after buying an additional 3,474 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Herbalife in the second quarter worth about $29,000.

Herbalife Stock Up 1.8%

Shares of HLF stock opened at $19.92 on Friday. Herbalife Ltd has a 12 month low of $6.20 and a 12 month high of $20.34. The firm has a market cap of $2.06 billion, a PE ratio of 9.05 and a beta of 0.84. The stock has a 50 day moving average of $15.60 and a 200-day moving average of $11.72.

Herbalife (NYSE:HLFGet Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.03). The company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.24 billion. Herbalife had a negative return on equity of 35.02% and a net margin of 4.53%.The company’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.36 EPS. As a group, equities analysts predict that Herbalife Ltd will post 1.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on HLF shares. Maxim Group assumed coverage on Herbalife in a report on Tuesday, January 6th. They set a “buy” rating and a $20.00 price objective on the stock. Argus set a $15.00 price target on Herbalife in a report on Wednesday, November 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Herbalife in a research report on Thursday, January 22nd. Mizuho set a $13.00 price objective on shares of Herbalife and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Finally, Citigroup reiterated a “buy” rating and issued a $21.00 target price (up from $17.00) on shares of Herbalife in a research note on Thursday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.60.

Get Our Latest Analysis on HLF

Key Stories Impacting Herbalife

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Herbalife Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Herbalife (NYSE:HLF)

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