Legal & General Group Plc Buys 2,139 Shares of Herbalife Ltd. (HLF)

Legal & General Group Plc increased its stake in shares of Herbalife Ltd. (NYSE:HLF) by 0.8% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 280,279 shares of the company’s stock after purchasing an additional 2,139 shares during the period. Legal & General Group Plc owned 0.32% of Herbalife worth $19,012,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Oberndorf William E lifted its holdings in Herbalife by 34.9% during the 3rd quarter. Oberndorf William E now owns 195,660 shares of the company’s stock worth $13,272,000 after purchasing an additional 50,660 shares in the last quarter. SG Americas Securities LLC increased its stake in Herbalife by 1,291.3% in the 3rd quarter. SG Americas Securities LLC now owns 29,886 shares of the company’s stock worth $2,027,000 after acquiring an additional 27,738 shares during the last quarter. New York State Common Retirement Fund increased its stake in Herbalife by 2.3% in the 3rd quarter. New York State Common Retirement Fund now owns 153,800 shares of the company’s stock worth $10,432,000 after acquiring an additional 3,500 shares during the last quarter. Opera Trading Capital bought a new position in Herbalife in the 3rd quarter worth about $185,000. Finally, Sei Investments Co. increased its stake in Herbalife by 70.5% in the 3rd quarter. Sei Investments Co. now owns 26,156 shares of the company’s stock worth $1,775,000 after acquiring an additional 10,816 shares during the last quarter.

Herbalife Ltd. (NYSE:HLF) traded up $0.37 on Monday, reaching $69.57. The company had a trading volume of 855,000 shares, compared to its average volume of 1,209,823. The company has a current ratio of 2.65, a quick ratio of 2.24 and a debt-to-equity ratio of 9.94. Herbalife Ltd. has a fifty-two week low of $47.91 and a fifty-two week high of $79.64. The company has a market cap of $6,066.31, a price-to-earnings ratio of 15.22 and a beta of 1.27.

Herbalife (NYSE:HLF) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $0.82 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.82. Herbalife had a return on equity of 176.64% and a net margin of 8.60%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the company earned $1.21 EPS. Herbalife’s revenue for the quarter was down 3.3% compared to the same quarter last year. equities research analysts anticipate that Herbalife Ltd. will post 4.55 EPS for the current fiscal year.

A number of equities analysts have weighed in on the company. ValuEngine upgraded Herbalife from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 22nd. Pivotal Research reiterated a “buy” rating and set a $120.00 price objective on shares of Herbalife in a research report on Thursday, August 31st. Zacks Investment Research lowered Herbalife from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. SunTrust Banks reiterated a “hold” rating and set a $67.00 price objective on shares of Herbalife in a research report on Friday, November 10th. Finally, Tigress Financial reiterated a “buy” rating on shares of Herbalife in a research report on Monday, August 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Herbalife has a consensus rating of “Hold” and an average price target of $83.25.

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Herbalife Company Profile

Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.

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Institutional Ownership by Quarter for Herbalife (NYSE:HLF)

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