Barclays PLC Buys 125,311 Shares of Herbalife Ltd. (NYSE:HLF)

Barclays PLC lifted its stake in shares of Herbalife Ltd. (NYSE:HLF) by 347.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 161,426 shares of the company’s stock after buying an additional 125,311 shares during the quarter. Barclays PLC owned about 0.16% of Herbalife worth $1,160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of HLF. nVerses Capital LLC boosted its holdings in shares of Herbalife by 240.0% during the 2nd quarter. nVerses Capital LLC now owns 5,100 shares of the company’s stock valued at $53,000 after buying an additional 3,600 shares in the last quarter. Carolina Wealth Advisors LLC bought a new position in Herbalife during the 3rd quarter valued at approximately $78,000. Van ECK Associates Corp boosted its holdings in Herbalife by 10.3% in the second quarter. Van ECK Associates Corp now owns 8,684 shares of the company’s stock worth $90,000 after acquiring an additional 808 shares in the last quarter. Prospera Financial Services Inc purchased a new stake in shares of Herbalife in the third quarter worth $154,000. Finally, Intech Investment Management LLC bought a new position in shares of Herbalife during the third quarter valued at $199,000.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on HLF shares. DA Davidson cut their price target on shares of Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a report on Thursday, October 31st. StockNews.com raised Herbalife from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. B. Riley lowered their target price on shares of Herbalife from $17.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Citigroup reduced their price target on shares of Herbalife from $16.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Finally, Mizuho raised their target price on shares of Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $9.90.

Herbalife Trading Up 1.5 %

HLF opened at $6.70 on Monday. Herbalife Ltd. has a 12 month low of $6.21 and a 12 month high of $15.50. The stock has a 50-day moving average of $7.58 and a 200 day moving average of $8.58. The firm has a market cap of $675.31 million, a P/E ratio of 7.88, a P/E/G ratio of 0.27 and a beta of 1.17.

Herbalife (NYSE:HLF) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.38. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.23 billion. Herbalife had a net margin of 1.73% and a negative return on equity of 18.66%. On average, research analysts forecast that Herbalife Ltd. will post 1.51 earnings per share for the current fiscal year.

Herbalife 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.