Vanguard Personalized Indexing Management LLC Takes Position in Herbalife Ltd $HLF

Vanguard Personalized Indexing Management LLC acquired a new position in Herbalife Ltd (NYSE:HLF) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,922 shares of the company’s stock, valued at approximately $103,000.

A number of other institutional investors and hedge funds have also bought and sold shares of HLF. Caitong International Asset Management Co. Ltd grew its position in shares of Herbalife by 4,406.4% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 4,912 shares of the company’s stock worth $42,000 after buying an additional 4,803 shares in the last quarter. CWM LLC lifted its stake in Herbalife by 199.7% in the first quarter. CWM LLC now owns 7,969 shares of the company’s stock worth $69,000 after acquiring an additional 5,310 shares during the period. MQS Management LLC bought a new position in Herbalife during the 1st quarter worth about $105,000. Ieq Capital LLC purchased a new position in Herbalife during the 1st quarter valued at about $108,000. Finally, Cerity Partners LLC bought a new stake in shares of Herbalife in the 1st quarter valued at about $108,000.

Analyst Ratings Changes

A number of research firms have recently issued reports on HLF. Weiss Ratings reiterated a “hold (c)” rating on shares of Herbalife in a research note on Saturday. Wall Street Zen cut Herbalife from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 28th. Finally, Mizuho boosted their price target on Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $11.50.

Herbalife Trading Down 2.2%

Shares of HLF opened at $8.33 on Monday. The firm has a market cap of $858.36 million, a PE ratio of 2.63, a P/E/G ratio of 0.25 and a beta of 0.87. Herbalife Ltd has a 12 month low of $5.04 and a 12 month high of $10.83. The stock has a fifty day moving average price of $9.12 and a 200-day moving average price of $8.48.

Herbalife (NYSE:HLF) last announced its earnings results on Wednesday, August 6th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.06. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.27 billion. Herbalife had a negative return on equity of 27.36% and a net margin of 6.59%.The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 EPS. As a group, research analysts forecast that Herbalife Ltd will post 1.57 EPS for the current year.

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.