139,024 Shares in Herbalife Ltd. (NYSE:HLF) Purchased by Capstone Investment Advisors LLC

Capstone Investment Advisors LLC bought a new position in Herbalife Ltd. (NYSE:HLF) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 139,024 shares of the company’s stock, valued at approximately $1,397,000. Capstone Investment Advisors LLC owned 0.14% of Herbalife at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in Herbalife by 0.4% during the third quarter. Vanguard Group Inc. now owns 10,561,779 shares of the company’s stock valued at $147,759,000 after purchasing an additional 43,452 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Herbalife by 8.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,888,191 shares of the company’s stock valued at $28,814,000 after acquiring an additional 145,684 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in Herbalife by 7.7% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 1,624,370 shares of the company’s stock valued at $24,788,000 after acquiring an additional 116,030 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Herbalife by 10.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,523,350 shares of the company’s stock worth $23,247,000 after acquiring an additional 142,829 shares in the last quarter. Finally, Iridian Asset Management LLC CT boosted its stake in shares of Herbalife by 49.1% during the 4th quarter. Iridian Asset Management LLC CT now owns 1,468,636 shares of the company’s stock worth $22,411,000 after acquiring an additional 483,635 shares in the last quarter.

Insider Buying and Selling at Herbalife

In related news, Director Juan Miguel Mendoza acquired 7,000 shares of the stock in a transaction dated Friday, May 10th. The stock was bought at an average price of $10.65 per share, with a total value of $74,550.00. Following the completion of the transaction, the director now directly owns 93,279 shares of the company’s stock, valued at $993,421.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Juan Miguel Mendoza purchased 7,000 shares of Herbalife stock in a transaction on Friday, May 10th. The stock was purchased at an average price of $10.65 per share, with a total value of $74,550.00. Following the transaction, the director now directly owns 93,279 shares in the company, valued at approximately $993,421.35. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Donal L. Mulligan acquired 30,000 shares of the stock in a transaction dated Friday, May 3rd. The stock was acquired at an average price of $9.65 per share, for a total transaction of $289,500.00. Following the completion of the acquisition, the director now directly owns 60,000 shares of the company’s stock, valued at $579,000. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 42,500 shares of company stock valued at $418,485. Company insiders own 0.94% of the company’s stock.

Herbalife Trading Down 1.2 %

Shares of HLF traded down $0.14 during trading hours on Friday, hitting $11.22. 1,688,522 shares of the stock traded hands, compared to its average volume of 1,987,671. The business has a fifty day moving average of $10.73 and a 200-day moving average of $10.74. The firm has a market capitalization of $1.12 billion, a PE ratio of 8.19 and a beta of 1.25. Herbalife Ltd. has a 1-year low of $6.68 and a 1-year high of $19.48.

Herbalife (NYSE:HLF) last released its earnings results on Wednesday, May 1st. The company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.12. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.26 billion. Herbalife had a net margin of 2.70% and a negative return on equity of 19.97%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.54 EPS. As a group, equities research analysts expect that Herbalife Ltd. will post 1.48 earnings per share for the current fiscal year.

Analyst Ratings Changes

HLF has been the topic of several research analyst reports. DA Davidson restated a “neutral” rating and issued a $9.50 price objective on shares of Herbalife in a research note on Thursday, May 2nd. Bank of America cut their price objective on shares of Herbalife from $10.00 to $8.00 and set an “underperform” rating for the company in a research report on Thursday, March 21st. Mizuho lifted their target price on Herbalife from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, June 7th. Finally, StockNews.com upgraded Herbalife from a “hold” rating to a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $10.70.

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.