Herbalife Ltd. (NYSE:HLF) Shares Sold by Inspire Investing LLC

Inspire Investing LLC trimmed its position in shares of Herbalife Ltd. (NYSE:HLF) by 5.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,863 shares of the company’s stock after selling 1,984 shares during the period. Inspire Investing LLC’s holdings in Herbalife were worth $352,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. GSA Capital Partners LLP increased its stake in Herbalife by 523.6% during the fourth quarter. GSA Capital Partners LLP now owns 177,281 shares of the company’s stock worth $2,705,000 after acquiring an additional 148,851 shares during the last quarter. Russell Investments Group Ltd. increased its position in Herbalife by 5,249.2% during the 1st quarter. Russell Investments Group Ltd. now owns 138,599 shares of the company’s stock worth $1,390,000 after purchasing an additional 136,008 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in Herbalife by 7.7% in the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 1,624,370 shares of the company’s stock valued at $24,788,000 after buying an additional 116,030 shares during the period. Capstone Investment Advisors LLC acquired a new position in Herbalife during the first quarter valued at approximately $1,397,000. Finally, Price T Rowe Associates Inc. MD grew its stake in Herbalife by 4.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 82,287 shares of the company’s stock worth $827,000 after buying an additional 3,647 shares during the period.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on HLF shares. DA Davidson lifted their target price on shares of Herbalife from $9.50 to $13.00 and gave the company a “neutral” rating in a report on Thursday, August 1st. StockNews.com upgraded Herbalife from a “hold” rating to a “buy” rating in a report on Friday, September 13th. B. Riley upped their price target on Herbalife from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Finally, Mizuho lifted their price objective on shares of Herbalife from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Friday, June 7th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $12.33.

Insider Buying and Selling

In other news, Director Juan Miguel Mendoza acquired 10,000 shares of the business’s stock in a transaction on Monday, September 9th. The shares were purchased at an average price of $7.11 per share, for a total transaction of $71,100.00. Following the completion of the purchase, the director now directly owns 120,000 shares of the company’s stock, valued at approximately $853,200. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.94% of the company’s stock.

Herbalife Stock Up 2.7 %

Shares of HLF opened at $7.22 on Monday. The firm has a market cap of $721.77 million, a price-to-earnings ratio of 5.27 and a beta of 1.20. The business’s 50 day moving average is $9.15 and its two-hundred day moving average is $9.67. Herbalife Ltd. has a 52-week low of $6.68 and a 52-week high of $15.71.

Herbalife (NYSE:HLF) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.11. The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Herbalife had a net margin of 1.63% and a negative return on equity of 18.69%. The firm’s quarterly revenue was down 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.74 earnings per share. On average, equities analysts expect that Herbalife Ltd. will post 1.34 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.