Landscape Capital Management L.L.C. Acquires Shares of 139,220 Herbalife Ltd $HLF

Landscape Capital Management L.L.C. acquired a new stake in shares of Herbalife Ltd (NYSE:HLF) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 139,220 shares of the company’s stock, valued at approximately $1,795,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Herbalife during the fourth quarter valued at $32,000. Aster Capital Management DIFC Ltd bought a new position in shares of Herbalife in the third quarter valued at about $35,000. Advisory Services Network LLC bought a new position in shares of Herbalife in the third quarter valued at about $65,000. Quarry LP raised its holdings in shares of Herbalife by 49,105.3% in the third quarter. Quarry LP now owns 9,349 shares of the company’s stock valued at $79,000 after buying an additional 9,330 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Herbalife by 512.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,544 shares of the company’s stock valued at $84,000 after buying an additional 5,476 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Royal Bank Of Canada cut their price target on Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a report on Tuesday, April 28th. Citigroup reaffirmed a “buy” rating and issued a $21.00 price target (up from $17.00) on shares of Herbalife in a report on Thursday, February 19th. Wall Street Zen raised Herbalife from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Weiss Ratings cut Herbalife from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Finally, Mizuho set a $17.00 price objective on Herbalife in a report on Monday, May 4th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $17.80.

Insider Buying and Selling

In other news, COO Troy Hicks sold 38,377 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $12.93, for a total value of $496,214.61. Following the completion of the sale, the chief operating officer owned 9,062 shares of the company’s stock, valued at approximately $117,171.66. This represents a 80.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Frank Lamberti sold 134,982 shares of the stock in a transaction that occurred 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 approximately $494,424. The trade was a 78.66% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 191,296 shares of company stock valued at $2,551,678. Insiders own 5.13% of the company’s stock.

Herbalife Stock Down 0.9%

NYSE:HLF opened at $11.99 on Tuesday. Herbalife Ltd has a twelve month low of $7.56 and a twelve month high of $20.40. The business has a 50 day moving average price of $13.96 and a two-hundred day moving average price of $14.90. The company has a market cap of $1.24 billion, a P/E ratio of 5.26, a price-to-earnings-growth ratio of 0.72 and a beta of 0.89.

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 analysts’ consensus estimates of $0.61 by $0.03. Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the prior year, the firm posted $0.59 EPS. The business’s revenue was up 7.8% on a year-over-year basis. As a group, analysts anticipate that Herbalife Ltd will post 2.47 earnings per share for the current fiscal year.

About Herbalife

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.