Herbalife Ltd. (NYSE:HLF) Holdings Lifted by Barclays PLC

Barclays PLC grew its holdings in shares of Herbalife Ltd. (NYSE:HLF) by 347.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 161,426 shares of the company’s stock after buying an additional 125,311 shares during the period. Barclays PLC’s holdings in Herbalife were worth $1,160,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in HLF. Baupost Group LLC MA boosted its position in Herbalife by 128.3% during the 2nd quarter. Baupost Group LLC MA now owns 5,124,526 shares of the company’s stock worth $53,244,000 after acquiring an additional 2,879,603 shares during the period. Marshall Wace LLP lifted its holdings in Herbalife by 2,053.6% in the second quarter. Marshall Wace LLP now owns 1,977,155 shares of the company’s stock worth $20,543,000 after purchasing an additional 1,885,346 shares during the period. Renaissance Technologies LLC grew its position in Herbalife by 11.6% in the 2nd quarter. Renaissance Technologies LLC now owns 6,653,401 shares of the company’s stock valued at $69,129,000 after buying an additional 692,800 shares in the last quarter. Iridian Asset Management LLC CT increased its stake in Herbalife by 43.7% during the 3rd quarter. Iridian Asset Management LLC CT now owns 2,228,193 shares of the company’s stock valued at $16,021,000 after buying an additional 677,739 shares during the period. Finally, Bank of Montreal Can raised its position in shares of Herbalife by 15.3% during the 2nd quarter. Bank of Montreal Can now owns 3,776,641 shares of the company’s stock worth $41,354,000 after buying an additional 500,876 shares in the last quarter.

Herbalife Stock Down 1.5 %

NYSE:HLF opened at $6.49 on Tuesday. The stock has a fifty day simple moving average of $7.48 and a 200 day simple moving average of $8.23. The firm has a market capitalization of $654.14 million, a price-to-earnings ratio of 7.64, a price-to-earnings-growth ratio of 0.26 and a beta of 1.18. Herbalife Ltd. has a 1-year low of $6.21 and a 1-year high of $13.30.

Herbalife (NYSE:HLF) last announced its earnings results on Wednesday, October 30th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.19 by $0.38. Herbalife had a net margin of 1.73% and a negative return on equity of 18.66%. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Equities analysts predict that Herbalife Ltd. will post 1.51 earnings per share for the current year.

Analyst Ratings Changes

HLF has been the topic of several research analyst reports. Citigroup lowered their price target on Herbalife from $16.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. B. Riley lowered their target price on Herbalife from $17.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. StockNews.com raised shares of Herbalife from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Mizuho lifted their price objective on shares of Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. Finally, DA Davidson dropped their target price on shares of Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $9.90.

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.