State of Wyoming Grows Position in Herbalife Ltd $HLF

State of Wyoming increased its position in Herbalife Ltd (NYSE:HLF) by 23.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,668 shares of the company’s stock after purchasing an additional 8,626 shares during the period. State of Wyoming’s holdings in Herbalife were worth $385,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of HLF. Huber Capital Management LLC boosted its holdings in Herbalife by 9.4% in the first quarter. Huber Capital Management LLC now owns 347,500 shares of the company’s stock worth $2,999,000 after acquiring an additional 29,900 shares in the last quarter. Ieq Capital LLC purchased a new position in Herbalife in the 1st quarter worth approximately $108,000. MetLife Investment Management LLC lifted its position in Herbalife by 4.5% in the 1st quarter. MetLife Investment Management LLC now owns 59,908 shares of the company’s stock valued at $517,000 after acquiring an additional 2,561 shares in the last quarter. Campbell & CO Investment Adviser LLC lifted its position in Herbalife by 516.9% in the 1st quarter. Campbell & CO Investment Adviser LLC now owns 179,871 shares of the company’s stock valued at $1,552,000 after acquiring an additional 150,715 shares in the last quarter. Finally, Q Global Advisors LLC boosted its stake in Herbalife by 22.1% during the 1st quarter. Q Global Advisors LLC now owns 444,765 shares of the company’s stock valued at $3,838,000 after purchasing an additional 80,367 shares during the last quarter.

Herbalife Price Performance

NYSE HLF opened at $9.79 on Monday. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 3.09, a PEG ratio of 0.30 and a beta of 0.89. Herbalife Ltd has a 1-year low of $5.04 and a 1-year high of $10.83. The business’s fifty day moving average price is $9.38 and its 200-day moving average price is $8.20.

Herbalife (NYSE:HLF) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.06. Herbalife had a negative return on equity of 27.36% and a net margin of 6.59%.The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the prior year, the business earned $0.54 earnings per share. Herbalife’s revenue for the quarter was down 1.7% compared to the same quarter last year. Equities research analysts anticipate that Herbalife Ltd will post 1.57 EPS for the current year.

Wall Street Analysts Forecast Growth

HLF has been the subject of several recent analyst reports. Mizuho boosted their price target on Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Monday, July 28th. Wall Street Zen lowered Herbalife from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 10th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Herbalife presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

Herbalife Company Profile

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.