State of Wisconsin Investment Board Trims Stake in Herbalife LTD. (HLF)

State of Wisconsin Investment Board lowered its stake in Herbalife LTD. (NYSE:HLF) by 7.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,678 shares of the company’s stock after selling 1,080 shares during the period. State of Wisconsin Investment Board’s holdings in Herbalife LTD. were worth $976,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Virginia Retirement Systems ET AL increased its holdings in shares of Herbalife LTD. by 2.2% in the first quarter. Virginia Retirement Systems ET AL now owns 9,300 shares of the company’s stock worth $541,000 after buying an additional 200 shares during the period. Swiss National Bank increased its holdings in shares of Herbalife LTD. by 0.6% in the first quarter. Swiss National Bank now owns 115,236 shares of the company’s stock worth $6,700,000 after buying an additional 700 shares during the period. Sei Investments Co. increased its holdings in shares of Herbalife LTD. by 6.6% in the first quarter. Sei Investments Co. now owns 12,845 shares of the company’s stock worth $747,000 after buying an additional 797 shares during the period. Aperio Group LLC increased its holdings in shares of Herbalife LTD. by 3.4% in the second quarter. Aperio Group LLC now owns 24,384 shares of the company’s stock worth $1,739,000 after buying an additional 801 shares during the period. Finally, Jensen Investment Management Inc. increased its holdings in shares of Herbalife LTD. by 14.8% in the first quarter. Jensen Investment Management Inc. now owns 9,050 shares of the company’s stock worth $526,000 after buying an additional 1,170 shares during the period.

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Herbalife LTD. (NYSE HLF) opened at 67.57 on Friday. Herbalife LTD. has a 12-month low of $47.62 and a 12-month high of $74.49. The stock has a market cap of $6.09 billion, a P/E ratio of 14.21 and a beta of 1.22. The firm’s 50 day moving average price is $67.19 and its 200-day moving average price is $66.15.

Herbalife LTD. (NYSE:HLF) last issued its earnings results on Tuesday, August 1st. The company reported $1.51 EPS for the quarter, topping the Zacks’ consensus estimate of $1.10 by $0.41. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. Herbalife LTD. had a net margin of 9.28% and a return on equity of 216.82%. The company’s quarterly revenue was down 4.6% compared to the same quarter last year. During the same period last year, the company posted $1.29 earnings per share. Equities research analysts anticipate that Herbalife LTD. will post $4.71 earnings per share for the current fiscal year.

HLF has been the topic of several analyst reports. ValuEngine upgraded Herbalife LTD. from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub downgraded Herbalife LTD. from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Pivotal Research reiterated a “buy” rating and issued a $120.00 price objective on shares of Herbalife LTD. in a report on Thursday, August 31st. Tigress Financial restated a “buy” rating on shares of Herbalife LTD. in a report on Monday, August 21st. Finally, Citigroup Inc. set a $72.00 price target on Herbalife LTD. and gave the company a “hold” rating in a report on Wednesday, August 2nd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $83.00.

Herbalife LTD. 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.

Institutional Ownership by Quarter for Herbalife LTD. (NYSE:HLF)

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