Thompson Siegel & Walmsley LLC Acquires 56,499 Shares of Herbalife Ltd. (NYSE:HLF)

Thompson Siegel & Walmsley LLC lifted its position in Herbalife Ltd. (NYSE:HLF) by 13.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 486,409 shares of the company’s stock after buying an additional 56,499 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 0.48% of Herbalife worth $3,497,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Sei Investments Co. increased its holdings in shares of Herbalife by 2.8% in the first quarter. Sei Investments Co. now owns 278,932 shares of the company’s stock worth $2,803,000 after purchasing an additional 7,635 shares during the period. Russell Investments Group Ltd. increased its position in shares of Herbalife by 5,249.2% in the first quarter. Russell Investments Group Ltd. now owns 138,599 shares of the company’s stock worth $1,390,000 after purchasing an additional 136,008 shares during the last quarter. ProShare Advisors LLC raised its stake in Herbalife by 8.6% in the first quarter. ProShare Advisors LLC now owns 17,767 shares of the company’s stock valued at $179,000 after purchasing an additional 1,400 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in Herbalife by 22.5% during the first quarter. State Board of Administration of Florida Retirement System now owns 34,572 shares of the company’s stock valued at $347,000 after purchasing an additional 6,350 shares during the last quarter. Finally, Lazard Asset Management LLC grew its stake in Herbalife by 140.3% in the 1st quarter. Lazard Asset Management LLC now owns 12,040 shares of the company’s stock worth $121,000 after buying an additional 7,030 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms recently commented on HLF. StockNews.com raised Herbalife from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Mizuho increased their target price on shares of Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, November 1st. B. Riley lowered their price target on shares of 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 price objective on Herbalife from $16.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Finally, DA Davidson reduced their price target on Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Herbalife currently has an average rating of “Hold” and a consensus target price of $9.90.

Herbalife Stock Performance

Shares of HLF stock opened at $8.50 on Friday. The firm has a market cap of $856.72 million, a P/E ratio of 9.90, a P/E/G ratio of 0.27 and a beta of 1.17. The business’s 50 day moving average price is $7.38 and its 200-day moving average price is $9.23. Herbalife Ltd. has a fifty-two week low of $6.59 and a fifty-two week high of $15.66.

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

Insider Buying and Selling

In other news, Director Juan Miguel Mendoza acquired 10,000 shares of the firm’s stock in a transaction on Monday, September 9th. The stock was acquired at an average price of $7.11 per share, for a total transaction of $71,100.00. Following the completion of the acquisition, the director now owns 120,000 shares in the company, valued at $853,200. This trade represents a 9.09 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders purchased a total of 25,000 shares of company stock valued at $199,475 over the last three months. Corporate insiders own 0.94% of the company’s stock.

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.