Duality Advisers LP Acquires 22,807 Shares of Herbalife Ltd. (NYSE:HLF)

Duality Advisers LP raised its holdings in Herbalife Ltd. (NYSE:HLF) by 99.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,698 shares of the company’s stock after buying an additional 22,807 shares during the quarter. Duality Advisers LP’s holdings in Herbalife were worth $697,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of HLF. PEAK6 Investments LLC bought a new stake in Herbalife in the 3rd quarter valued at $146,000. DGS Capital Management LLC bought a new stake in Herbalife in the 4th quarter valued at $165,000. SG Americas Securities LLC bought a new stake in Herbalife in the 4th quarter valued at $184,000. Corton Capital Inc. increased its holdings in Herbalife by 10.2% in the 3rd quarter. Corton Capital Inc. now owns 17,849 shares of the company’s stock valued at $250,000 after buying an additional 1,654 shares during the period. Finally, Avaii Wealth Management LLC increased its holdings in Herbalife by 14.6% in the 3rd quarter. Avaii Wealth Management LLC now owns 21,792 shares of the company’s stock valued at $305,000 after buying an additional 2,775 shares during the period.

Analysts Set New Price Targets

Several research firms have recently weighed in on HLF. StockNews.com raised shares of Herbalife from a “hold” rating to a “buy” rating in a report on Friday, February 16th. Mizuho lowered their target price on shares of Herbalife from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Thursday, March 21st. Bank of America lowered their target price on shares of Herbalife from $10.00 to $8.00 and set an “underperform” rating on the stock in a report on Thursday, March 21st. Finally, DA Davidson lowered their target price on shares of Herbalife from $11.00 to $9.50 and set a “neutral” rating on the stock in a report on Monday, March 25th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $10.50.

Herbalife Stock Down 0.3 %

Shares of NYSE HLF opened at $9.21 on Thursday. The firm’s 50-day simple moving average is $8.72 and its 200 day simple moving average is $11.80. The company has a market cap of $919.07 million, a price-to-earnings ratio of 6.49 and a beta of 1.22. Herbalife Ltd. has a 12-month low of $6.68 and a 12-month high of $19.48.

Herbalife (NYSE:HLF) last issued its quarterly earnings results on Wednesday, February 14th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.10). The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. Herbalife had a negative return on equity of 19.56% and a net margin of 2.81%. The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter last year, the company earned $0.53 EPS. On average, equities analysts expect that Herbalife Ltd. will post 1.8 earnings per share for the current year.

Insider Buying and Selling at Herbalife

In other Herbalife news, Director Juan Miguel Mendoza bought 16,079 shares of the business’s stock in a transaction on Tuesday, March 26th. The shares were bought at an average cost of $9.40 per share, for a total transaction of $151,142.60. Following the transaction, the director now owns 54,622 shares in the company, valued at approximately $513,446.80. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Herbalife news, Director Juan Miguel Mendoza bought 16,079 shares of the business’s stock in a transaction on Tuesday, March 26th. The shares were bought at an average cost of $9.40 per share, for a total transaction of $151,142.60. Following the transaction, the director now owns 54,622 shares in the company, valued at approximately $513,446.80. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Henry C. Wang bought 2,778 shares of the business’s stock in a transaction on Tuesday, March 26th. The shares were acquired at an average price of $9.30 per share, for a total transaction of $25,835.40. Following the completion of the transaction, the executive vice president now owns 176,194 shares in the company, valued at approximately $1,638,604.20. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 85,757 shares of company stock worth $723,278. Company insiders own 0.94% of the company’s stock.

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.