DGS Capital Management LLC Purchases 9,513 Shares of Herbalife Ltd. (NYSE:HLF)

DGS Capital Management LLC increased its position in Herbalife Ltd. (NYSE:HLF) by 63.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,454 shares of the company’s stock after buying an additional 9,513 shares during the period. DGS Capital Management LLC’s holdings in Herbalife were worth $176,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Baupost Group LLC MA grew its position in Herbalife by 128.3% in the second 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 in the last quarter. Marshall Wace LLP boosted 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 in the last quarter. Renaissance Technologies LLC increased its position in Herbalife by 11.6% during the second quarter. Renaissance Technologies LLC now owns 6,653,401 shares of the company’s stock worth $69,129,000 after buying an additional 692,800 shares during the last quarter. Iridian Asset Management LLC CT raised its holdings in Herbalife by 43.7% during the third 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 in the last quarter. Finally, Bank of Montreal Can raised its holdings in Herbalife by 15.3% during the second quarter. Bank of Montreal Can now owns 3,776,641 shares of the company’s stock valued at $41,354,000 after buying an additional 500,876 shares in the last quarter.

Herbalife Stock Down 1.4 %

Shares of HLF stock opened at $7.48 on Friday. Herbalife Ltd. has a 12 month low of $6.59 and a 12 month high of $15.66. The firm has a market cap of $753.92 million, a PE ratio of 8.80, a price-to-earnings-growth ratio of 0.27 and a beta of 1.17. The stock has a 50 day moving average of $7.64 and a 200-day moving average of $8.89.

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. B. Riley decreased their price target on Herbalife from $17.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Citigroup decreased their target price on Herbalife from $16.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Mizuho lifted their price target on shares of Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. StockNews.com raised shares of Herbalife from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Finally, DA Davidson lowered their target price on shares of Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $9.90.

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.