Quantbot Technologies LP Buys Shares of 47,655 Herbalife Ltd $HLF

Quantbot Technologies LP purchased a new position in shares of Herbalife Ltd (NYSE:HLF) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 47,655 shares of the company’s stock, valued at approximately $402,000.

Several other hedge funds have also recently modified their holdings of HLF. Aster Capital Management DIFC Ltd acquired a new position in Herbalife in the 3rd quarter valued at $35,000. GAMMA Investing LLC lifted its stake in shares of Herbalife by 115.6% in the 3rd quarter. GAMMA Investing LLC now owns 7,024 shares of the company’s stock worth $59,000 after acquiring an additional 3,766 shares during the period. CHICAGO TRUST Co NA acquired a new stake in shares of Herbalife in the 3rd quarter worth $100,000. EMC Capital Management purchased a new stake in shares of Herbalife in the second quarter valued at about $109,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Herbalife in the third quarter valued at about $117,000.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Argus set a $15.00 price target on shares of Herbalife in a report on Wednesday, November 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Herbalife in a report on Thursday, January 22nd. Citigroup reiterated a “buy” rating and set a $21.00 target price (up from $17.00) on shares of Herbalife in a research report on Thursday, February 19th. Wall Street Zen raised Herbalife from a “hold” rating to a “buy” rating in a report on Friday, November 28th. Finally, Zacks Research upgraded Herbalife from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $16.60.

Herbalife Stock Up 8.2%

Shares of NYSE HLF opened at $16.74 on Tuesday. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 7.61, a price-to-earnings-growth ratio of 0.92 and a beta of 0.83. Herbalife Ltd has a 52 week low of $6.20 and a 52 week high of $20.40. The firm has a 50-day moving average price of $16.53 and a 200 day moving average price of $12.45.

Herbalife (NYSE:HLF) last issued its earnings results on Wednesday, February 18th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.03). Herbalife had a negative return on equity of 35.02% and a net margin of 4.53%.The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.24 billion. During the same quarter in the previous year, the company posted $0.36 earnings per share. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. Equities research analysts expect that Herbalife Ltd will post 1.57 EPS for the current fiscal year.

Herbalife Company Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.