Herbalife LTD. (HLF) Position Boosted by Lyon Street Capital LLC
Lyon Street Capital LLC increased its position in shares of Herbalife LTD. (NYSE:HLF) by 1.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 159,532 shares of the company’s stock after acquiring an additional 2,362 shares during the period. Herbalife LTD. comprises 4.6% of Lyon Street Capital LLC’s investment portfolio, making the stock its 4th biggest position. Lyon Street Capital LLC owned approximately 0.17% of Herbalife LTD. worth $11,379,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Janus Henderson Group PLC lifted its stake in Herbalife LTD. by 555.1% during the 2nd quarter. Janus Henderson Group PLC now owns 20,897 shares of the company’s stock worth $1,491,000 after acquiring an additional 17,707 shares in the last quarter. Clinton Group Inc. acquired a new position in Herbalife LTD. during the 2nd quarter worth about $604,000. Tudor Investment Corp ET AL lifted its stake in Herbalife LTD. by 2.4% during the 2nd quarter. Tudor Investment Corp ET AL now owns 34,009 shares of the company’s stock worth $2,426,000 after acquiring an additional 781 shares in the last quarter. UBS Oconnor LLC lifted its stake in Herbalife LTD. by 15.0% during the 2nd quarter. UBS Oconnor LLC now owns 1,062,200 shares of the company’s stock worth $75,767,000 after acquiring an additional 138,428 shares in the last quarter. Finally, Route One Investment Company L.P. lifted its stake in Herbalife LTD. by 1.0% during the 2nd quarter. Route One Investment Company L.P. now owns 7,153,000 shares of the company’s stock worth $510,223,000 after acquiring an additional 68,000 shares in the last quarter.
Shares of Herbalife LTD. (HLF) traded up 0.47% during midday trading on Thursday, reaching $67.82. The company’s stock had a trading volume of 330,746 shares. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 14.26 and a beta of 1.23. The firm’s 50 day moving average is $67.88 and its 200 day moving average is $67.14. Herbalife LTD. has a 52 week low of $47.62 and a 52 week high of $74.49.
Herbalife LTD. (NYSE:HLF) last issued its earnings results on Tuesday, August 1st. The company reported $1.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.10 by $0.41. Herbalife LTD. had a return on equity of 216.82% and a net margin of 9.28%. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter last year, the firm earned $1.29 earnings per share. The firm’s revenue for the quarter was down 4.6% compared to the same quarter last year. Equities analysts forecast that Herbalife LTD. will post $4.71 EPS for the current fiscal year.
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Several equities analysts recently issued reports on HLF shares. ValuEngine raised Herbalife LTD. from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Pivotal Research reissued a “buy” rating and set a $120.00 target price on shares of Herbalife LTD. in a research note on Thursday, August 31st. BidaskClub lowered Herbalife LTD. from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Tigress Financial reissued a “buy” rating on shares of Herbalife LTD. in a research note on Monday, August 21st. Finally, Citigroup Inc. set a $72.00 target price on Herbalife LTD. and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Herbalife LTD. currently has a consensus rating of “Hold” and an average target price of $83.25.
Herbalife LTD. Company Profile
Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.
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