Sei Investments Co. Has $4.92 Million Stock Position in Herbalife Ltd $HLF

Sei Investments Co. increased its position in Herbalife Ltd (NYSE:HLF) by 29.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 334,367 shares of the company’s stock after purchasing an additional 75,924 shares during the quarter. Sei Investments Co.’s holdings in Herbalife were worth $4,922,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in HLF. Geode Capital Management LLC raised its position in shares of Herbalife by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 2,577,634 shares of the company’s stock valued at $33,231,000 after buying an additional 25,783 shares in the last quarter. Quantedge Capital Pte Ltd lifted its position in shares of Herbalife by 5.2% during the 4th quarter. Quantedge Capital Pte Ltd now owns 2,249,683 shares of the company’s stock worth $28,998,000 after buying an additional 111,700 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Herbalife by 29.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,877,717 shares of the company’s stock worth $27,638,000 after acquiring an additional 425,968 shares during the last quarter. Solel Partners LP lifted its stake in Herbalife by 18.7% in the 2nd quarter. Solel Partners LP now owns 1,669,405 shares of the company’s stock valued at $14,390,000 after purchasing an additional 262,614 shares during the last quarter. Finally, Manatuck Hill Partners LLC lifted its stake in shares of Herbalife by 122.2% in the 3rd quarter. Manatuck Hill Partners LLC now owns 1,000,000 shares of the company’s stock valued at $8,440,000 after acquiring an additional 550,000 shares during the last quarter.

Analysts Set New Price Targets

A number of brokerages have recently commented on HLF. Weiss Ratings lowered shares of Herbalife from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. Wall Street Zen cut Herbalife from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Mizuho set a $17.00 price target on Herbalife in a research note on Monday, May 4th. Zacks Research downgraded shares of Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Royal Bank Of Canada cut their target price on Herbalife from $17.00 to $16.00 and set a “sector perform” rating on the stock in a research note on Tuesday, April 28th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $17.80.

Insider Activity

In other Herbalife news, COO Troy Hicks sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $12.32, for a total value of $123,200.00. Following the completion of the sale, the chief operating officer directly owned 9,706 shares of the company’s stock, valued at $119,577.92. The trade was a 50.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Frank Lamberti sold 134,982 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $13.50, for a total value of $1,822,257.00. Following the completion of the sale, the insider directly owned 36,624 shares of the company’s stock, valued at approximately $494,424. This trade represents a 78.66% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 191,296 shares of company stock valued at $2,551,678. Corporate insiders own 5.13% of the company’s stock.

Herbalife Trading Down 1.8%

Shares of NYSE:HLF opened at $12.57 on Thursday. The company has a 50 day moving average of $12.28 and a 200 day moving average of $14.57. The stock has a market cap of $1.30 billion, a P/E ratio of 5.51, a P/E/G ratio of 0.70 and a beta of 0.87. Herbalife Ltd has a 12 month low of $7.56 and a 12 month high of $20.40.

Herbalife (NYSE:HLF) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.03). Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter last year, the business posted $0.59 EPS. The company’s quarterly revenue was up 5.4% on a year-over-year basis. On average, equities analysts forecast that Herbalife Ltd will post 2.68 earnings per share for the current fiscal year.

About Herbalife

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.