Cwm LLC Grows Stock Holdings in Herbalife Ltd $HLF

Cwm LLC raised its position in Herbalife Ltd (NYSE:HLF) by 110.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,734 shares of the company’s stock after acquiring an additional 8,765 shares during the quarter. Cwm LLC’s holdings in Herbalife were worth $144,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Herbalife in the second quarter valued at approximately $103,000. Inspire Investing LLC grew its holdings in shares of Herbalife by 15.1% in the second quarter. Inspire Investing LLC now owns 45,238 shares of the company’s stock valued at $390,000 after purchasing an additional 5,939 shares in the last quarter. SummerHaven Investment Management LLC grew its stake in shares of Herbalife by 2.7% in the second quarter. SummerHaven Investment Management LLC now owns 82,537 shares of the company’s stock worth $711,000 after acquiring an additional 2,135 shares in the last quarter. Avaii Wealth Management LLC grew its stake in shares of Herbalife by 2.7% in the second quarter. Avaii Wealth Management LLC now owns 62,480 shares of the company’s stock worth $539,000 after acquiring an additional 1,644 shares in the last quarter. Finally, MFA Wealth Advisors LLC grew its stake in shares of Herbalife by 7.2% in the second quarter. MFA Wealth Advisors LLC now owns 65,064 shares of the company’s stock worth $561,000 after acquiring an additional 4,395 shares in the last quarter.

Analysts Set New Price Targets

HLF has been the subject of several analyst reports. Wall Street Zen cut Herbalife from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Herbalife in a research report on Wednesday, October 8th. Finally, Mizuho boosted their price objective on Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.33.

Herbalife Stock Down 3.1%

Shares of NYSE HLF opened at $7.78 on Friday. The stock has a market cap of $801.68 million, a PE ratio of 2.45, a price-to-earnings-growth ratio of 0.24 and a beta of 0.87. Herbalife Ltd has a 52-week low of $5.04 and a 52-week high of $10.83. The business has a 50-day moving average price of $9.01 and a 200 day moving average price of $8.50.

Herbalife (NYSE:HLF) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.53 by $0.06. Herbalife had a net margin of 6.59% and a negative return on equity of 27.36%. The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the firm earned $0.54 EPS. Herbalife’s revenue for the quarter was down 1.7% on a year-over-year basis. Sell-side analysts anticipate that Herbalife Ltd will post 1.57 earnings per share 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.