Mitsubishi UFJ Trust & Banking Corp Has $4.78 Million Position in Herbalife Ltd $HLF

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in shares of Herbalife Ltd (NYSE:HLF) by 19.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 566,840 shares of the company’s stock after selling 139,251 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.55% of Herbalife worth $4,784,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC acquired a new position in shares of Herbalife during the second quarter worth $29,000. GAMMA Investing LLC boosted its holdings in shares of Herbalife by 115.6% during the 3rd quarter. GAMMA Investing LLC now owns 7,024 shares of the company’s stock valued at $59,000 after acquiring an additional 3,766 shares in the last quarter. CHICAGO TRUST Co NA bought a new stake in Herbalife during the 3rd quarter worth $100,000. Vanguard Personalized Indexing Management LLC acquired a new position in Herbalife in the 2nd quarter worth about $103,000. Finally, EMC Capital Management acquired a new position in Herbalife in the 2nd quarter worth about $109,000.

Analyst Ratings Changes

HLF has been the topic of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Herbalife in a report on Thursday, January 22nd. Wall Street Zen raised shares of Herbalife from a “hold” rating to a “buy” rating in a research note on Friday, November 28th. Argus set a $15.00 target price on Herbalife in a research report on Wednesday, November 26th. Citigroup reiterated a “buy” rating and issued a $17.00 price target (up previously from $11.00) on shares of Herbalife in a research report on Friday, December 12th. Finally, Maxim Group assumed coverage on Herbalife in a research report on Tuesday, January 6th. They set a “buy” rating and a $20.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $15.80.

Insider Activity at Herbalife

In other Herbalife news, Director Lynda Cloud bought 17,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The stock was bought at an average price of $8.97 per share, for a total transaction of $152,490.00. Following the completion of the acquisition, the director directly owned 38,857 shares in the company, valued at $348,547.29. The trade was a 77.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have bought 18,200 shares of company stock worth $167,938 over the last ninety days. Corporate insiders own 1.73% of the company’s stock.

Herbalife Price Performance

NYSE:HLF opened at $16.97 on Friday. The company has a market capitalization of $1.75 billion, a P/E ratio of 5.42 and a beta of 0.82. The business has a fifty day simple moving average of $14.24 and a two-hundred day simple moving average of $10.89. Herbalife Ltd has a 1 year low of $5.04 and a 1 year high of $17.67.

Herbalife (NYSE:HLF) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.46 by $0.04. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Herbalife had a net margin of 6.47% and a negative return on equity of 29.84%. Herbalife’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.57 earnings per share. As a group, analysts anticipate that Herbalife Ltd will post 1.57 earnings per share for the current 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.