SG Americas Securities LLC Cuts Position in Herbalife Ltd $HLF

SG Americas Securities LLC decreased its holdings in Herbalife Ltd (NYSE:HLFFree Report) by 55.0% in the second quarter, HoldingsChannel.com reports. The firm owned 57,167 shares of the company’s stock after selling 69,931 shares during the quarter. SG Americas Securities LLC’s holdings in Herbalife were worth $493,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. FNY Investment Advisers LLC acquired a new position in shares of Herbalife during the 2nd quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd raised its position in Herbalife by 4,406.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 4,912 shares of the company’s stock worth $42,000 after acquiring an additional 4,803 shares during the period. CWM LLC lifted its holdings in Herbalife by 199.7% during the first quarter. CWM LLC now owns 7,969 shares of the company’s stock valued at $69,000 after purchasing an additional 5,310 shares in the last quarter. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Herbalife in the second quarter valued at about $103,000. Finally, Ieq Capital LLC purchased a new stake in shares of Herbalife during the first quarter worth about $108,000.

Insider Buying and Selling at Herbalife

In other news, Director Lynda Cloud purchased 17,000 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was acquired at an average price of $8.97 per share, with a total value of $152,490.00. Following the purchase, the director directly owned 38,857 shares in the company, valued at approximately $348,547.29. This represents a 77.78% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 1.73% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Argus set a $15.00 price objective on Herbalife in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Herbalife in a research note on Wednesday, October 8th. Wall Street Zen cut Herbalife from a “buy” rating to a “hold” rating in a research report on Saturday, November 15th. Finally, Mizuho increased their price objective on Herbalife from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Herbalife has a consensus rating of “Moderate Buy” and an average target price of $12.75.

View Our Latest Analysis on HLF

Herbalife Price Performance

HLF stock opened at $13.31 on Thursday. Herbalife Ltd has a 1 year low of $5.04 and a 1 year high of $13.35. The firm has a market capitalization of $1.37 billion, a PE ratio of 4.20, a price-to-earnings-growth ratio of 0.24 and a beta of 0.87. The business has a 50 day simple moving average of $9.03 and a 200-day simple moving average of $8.89.

Herbalife (NYSE:HLFGet Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.04. Herbalife had a net margin of 6.59% and a negative return on equity of 27.36%. The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the company posted $0.57 EPS. The company’s revenue was up 4.8% compared to the same quarter last year. Herbalife has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities research analysts expect that Herbalife Ltd will post 1.57 EPS for the current year.

Herbalife Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Herbalife (NYSE:HLF)

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