Herbalife Ltd. (NYSE:HLF) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Herbalife Ltd. (NYSE:HLF) by 21.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 204,157 shares of the company’s stock after acquiring an additional 35,948 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.20% of Herbalife worth $1,366,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Herbalife by 7.5% during the fourth quarter. Vanguard Group Inc. now owns 11,271,417 shares of the company’s stock valued at $75,406,000 after purchasing an additional 785,574 shares during the period. Renaissance Technologies LLC lifted its position in shares of Herbalife by 9.9% in the fourth quarter. Renaissance Technologies LLC now owns 7,088,868 shares of the company’s stock worth $47,425,000 after purchasing an additional 638,567 shares in the last quarter. Long Focus Capital Management LLC grew its holdings in shares of Herbalife by 27.3% during the 4th quarter. Long Focus Capital Management LLC now owns 4,758,127 shares of the company’s stock valued at $31,832,000 after acquiring an additional 1,020,127 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Herbalife by 777.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,987,490 shares of the company’s stock valued at $19,986,000 after acquiring an additional 2,646,848 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Herbalife by 8.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,696,560 shares of the company’s stock worth $18,040,000 after acquiring an additional 216,603 shares in the last quarter.

Herbalife Stock Up 3.9%

HLF stock opened at $7.73 on Monday. The firm has a market cap of $787.18 million, a price-to-earnings ratio of 3.10, a PEG ratio of 0.29 and a beta of 0.86. The company’s fifty day simple moving average is $7.13 and its 200 day simple moving average is $7.17. Herbalife Ltd. has a 12-month low of $5.04 and a 12-month high of $12.79.

Herbalife (NYSE:HLF) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.19. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. Herbalife’s revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 EPS. Research analysts expect that Herbalife Ltd. will post 1.57 earnings per share for the current year.

Insider Activity

In other Herbalife news, Director Juan Miguel Mendoza acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, May 22nd. The shares were bought at an average cost of $6.75 per share, with a total value of $33,750.00. Following the completion of the transaction, the director now directly owns 166,857 shares of the company’s stock, valued at approximately $1,126,284.75. This represents a 3.09% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.73% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on HLF shares. Wall Street Zen raised shares of Herbalife from a “hold” rating to a “buy” rating in a research report on Friday, May 30th. DA Davidson raised Herbalife from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $7.50 to $14.00 in a research report on Friday, March 21st. Finally, Citigroup decreased their target price on shares of Herbalife from $13.00 to $11.00 and set a “buy” rating for the company in a research note on Thursday, May 1st. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

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.