Intech Investment Management LLC Acquires 8,994 Shares of Herbalife Ltd $HLF

Intech Investment Management LLC grew its holdings in shares of Herbalife Ltd (NYSE:HLF) by 21.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,675 shares of the company’s stock after acquiring an additional 8,994 shares during the quarter. Intech Investment Management LLC owned about 0.05% of Herbalife worth $445,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Harbor Capital Advisors Inc. raised its stake in Herbalife by 3.1% in the second quarter. Harbor Capital Advisors Inc. now owns 50,300 shares of the company’s stock valued at $434,000 after purchasing an additional 1,524 shares in the last quarter. Avaii Wealth Management LLC raised its position in shares of Herbalife by 2.7% during the 2nd quarter. Avaii Wealth Management LLC now owns 62,480 shares of the company’s stock valued at $539,000 after buying an additional 1,644 shares in the last quarter. SummerHaven Investment Management LLC lifted its holdings in shares of Herbalife by 2.7% during the 2nd 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 during the last quarter. Savant Capital LLC lifted its holdings in shares of Herbalife by 14.5% during the 2nd quarter. Savant Capital LLC now owns 17,385 shares of the company’s stock worth $150,000 after acquiring an additional 2,204 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Herbalife by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,964 shares of the company’s stock worth $517,000 after acquiring an additional 2,523 shares in the last quarter.

Insider Buying and Selling at Herbalife

In other Herbalife news, Director Lynda Cloud bought 17,000 shares of Herbalife stock in a transaction dated Tuesday, November 18th. The shares were purchased at an average cost of $8.97 per share, with a total value of $152,490.00. Following the completion of the purchase, the director owned 38,857 shares of the company’s stock, valued at approximately $348,547.29. This represents a 77.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.73% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on HLF. Weiss Ratings restated a “hold (c)” rating on shares of Herbalife in a research report on Wednesday, October 8th. Mizuho increased their price objective on Herbalife from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday. Wall Street Zen upgraded Herbalife from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Argus set a $15.00 price target on shares of Herbalife in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $12.75.

Herbalife Stock Down 4.6%

Shares of Herbalife stock opened at $12.73 on Friday. The company’s fifty day simple moving average is $9.18 and its two-hundred day simple moving average is $8.97. Herbalife Ltd has a 12-month low of $5.04 and a 12-month high of $13.35. The firm has a market cap of $1.31 billion, a PE ratio of 4.01, a price-to-earnings-growth ratio of 0.24 and a beta of 0.87.

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 firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. Herbalife had a net margin of 6.59% and a negative return on equity of 27.36%. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.57 earnings per share. Herbalife has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Herbalife Ltd will post 1.57 earnings per share for the current fiscal 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.