EntryPoint Capital LLC Acquires New Shares in Herbalife Ltd. (NYSE:HLF)

EntryPoint Capital LLC bought a new stake in Herbalife Ltd. (NYSE:HLF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 71,833 shares of the company’s stock, valued at approximately $481,000.

Other hedge funds have also made changes to their positions in the company. Exchange Traded Concepts LLC grew its stake in Herbalife by 3.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 44,790 shares of the company’s stock valued at $300,000 after acquiring an additional 1,636 shares during the last quarter. Swiss National Bank lifted its holdings in shares of Herbalife by 1.6% in the fourth quarter. Swiss National Bank now owns 198,172 shares of the company’s stock valued at $1,326,000 after purchasing an additional 3,100 shares in the last quarter. Cinctive Capital Management LP grew its position in shares of Herbalife by 3.6% in the third quarter. Cinctive Capital Management LP now owns 92,138 shares of the company’s stock valued at $662,000 after purchasing an additional 3,170 shares during the last quarter. Inspire Investing LLC increased its stake in shares of Herbalife by 6.1% during the 4th quarter. Inspire Investing LLC now owns 59,879 shares of the company’s stock worth $401,000 after purchasing an additional 3,458 shares in the last quarter. Finally, Van ECK Associates Corp raised its position in shares of Herbalife by 110.4% during the 4th quarter. Van ECK Associates Corp now owns 10,526 shares of the company’s stock worth $70,000 after purchasing an additional 5,524 shares during the last quarter.

Herbalife Stock Performance

Shares of NYSE HLF opened at $8.27 on Wednesday. The firm has a market cap of $838.09 million, a P/E ratio of 3.32, a price-to-earnings-growth ratio of 0.29 and a beta of 1.03. Herbalife Ltd. has a 1 year low of $5.04 and a 1 year high of $12.79. The firm’s 50 day moving average price is $7.04 and its 200 day moving average price is $7.21.

Herbalife (NYSE:HLF) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.28. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Herbalife had a negative return on equity of 20.78% and a net margin of 5.09%. As a group, equities analysts predict that Herbalife Ltd. will post 1.57 EPS for the current year.

Analyst Ratings Changes

HLF has been the topic of a number of analyst reports. StockNews.com upgraded Herbalife from a “buy” rating to a “strong-buy” rating in a report on Friday, March 21st. DA Davidson raised Herbalife from a “neutral” rating to a “buy” rating and increased their price objective for the company from $7.50 to $14.00 in a research note on Friday, March 21st. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $12.00.

Insider Buying and Selling at Herbalife

In related news, Director Juan Miguel Mendoza bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average cost of $8.25 per share, with a total value of $41,250.00. Following the completion of the transaction, the director now owns 132,500 shares of the company’s stock, valued at approximately $1,093,125. The trade was a 3.92 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.73% of the stock is owned by company insiders.

About Herbalife

Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.