Janus Henderson Group PLC Has $6.16 Million Position in Herbalife Ltd. (HLF)

Janus Henderson Group PLC increased its position in shares of Herbalife Ltd. (NYSE:HLF) by 334.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 90,856 shares of the company’s stock after purchasing an additional 69,959 shares during the quarter. Janus Henderson Group PLC owned approximately 0.10% of Herbalife worth $6,163,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. M&T Bank Corp raised its position in Herbalife by 0.3% in the second quarter. M&T Bank Corp now owns 5,371 shares of the company’s stock worth $384,000 after acquiring an additional 15 shares during the period. The Manufacturers Life Insurance Company raised its position in Herbalife by 7.2% in the second quarter. The Manufacturers Life Insurance Company now owns 2,821 shares of the company’s stock worth $201,000 after acquiring an additional 189 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Herbalife by 11.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,523 shares of the company’s stock worth $180,000 after acquiring an additional 268 shares during the period. Prudential Financial Inc. raised its position in shares of Herbalife by 6.3% in the second quarter. Prudential Financial Inc. now owns 5,081 shares of the company’s stock valued at $362,000 after purchasing an additional 300 shares during the period. Finally, Tudor Investment Corp ET AL raised its position in shares of Herbalife by 2.4% in the second quarter. Tudor Investment Corp ET AL now owns 34,009 shares of the company’s stock valued at $2,426,000 after purchasing an additional 781 shares during the period.

In other Herbalife news, insider Shin-Shing Bosco Chiu sold 2,380 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $69.98, for a total value of $166,552.40. Following the completion of the transaction, the insider now owns 5,000 shares of the company’s stock, valued at approximately $349,900. The transaction was disclosed in a filing with the SEC, which is available through this link. 4.95% of the stock is owned by insiders.

Several research firms have recently issued reports on HLF. ValuEngine raised shares of Herbalife from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Pivotal Research reissued a “buy” rating and issued a $120.00 price target on shares of Herbalife in a research report on Thursday, August 31st. Citigroup reissued a “hold” rating and issued a $73.00 price target (up previously from $71.00) on shares of Herbalife in a research report on Tuesday, October 3rd. Zacks Investment Research lowered shares of Herbalife from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $67.00 price objective on shares of Herbalife in a research note on Friday, November 10th. 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 currently has a consensus rating of “Hold” and a consensus price target of $83.25.

Herbalife Ltd. (NYSE:HLF) opened at $70.00 on Thursday. The company has a quick ratio of 2.24, a current ratio of 2.65 and a debt-to-equity ratio of 9.94. Herbalife Ltd. has a 12 month low of $47.91 and a 12 month high of $79.64. The company has a market cap of $6,100.00, a P/E ratio of 15.87 and a beta of 1.27.

Herbalife (NYSE:HLF) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.82 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.82. Herbalife had a net margin of 5.02% and a return on equity of 104.34%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the company earned $1.21 EPS. The business’s quarterly revenue was down 3.3% compared to the same quarter last year. sell-side analysts expect that Herbalife Ltd. will post 4.55 earnings per share for the current year.

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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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