SG Americas Securities LLC Increases Stock Holdings in Herbalife Ltd. (NYSE:HLF)

SG Americas Securities LLC grew its position in Herbalife Ltd. (NYSE:HLF) by 83.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,884 shares of the company’s stock after buying an additional 8,591 shares during the quarter. SG Americas Securities LLC’s holdings in Herbalife were worth $126,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in HLF. Iridian Asset Management LLC CT increased its position in shares of Herbalife by 43.7% in the third quarter. Iridian Asset Management LLC CT now owns 2,228,193 shares of the company’s stock valued at $16,021,000 after buying an additional 677,739 shares in the last quarter. Perpetual Ltd increased its position in shares of Herbalife by 107.1% in the fourth quarter. Perpetual Ltd now owns 966,063 shares of the company’s stock valued at $6,463,000 after buying an additional 499,572 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in shares of Herbalife by 20.2% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,287,600 shares of the company’s stock valued at $16,448,000 after buying an additional 384,100 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its position in shares of Herbalife by 15.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 1,539,148 shares of the company’s stock valued at $11,066,000 after buying an additional 206,530 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Herbalife by 6.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,479,957 shares of the company’s stock valued at $17,831,000 after buying an additional 160,792 shares in the last quarter.

Herbalife Trading Down 0.3 %

Shares of NYSE:HLF opened at $5.23 on Wednesday. The stock’s 50-day moving average price is $6.60 and its two-hundred day moving average price is $7.52. Herbalife Ltd. has a 12-month low of $5.13 and a 12-month high of $12.79. The firm has a market cap of $526.63 million, a price-to-earnings ratio of 6.15, a PEG ratio of 0.18 and a beta of 1.15.

Analyst Upgrades and Downgrades

HLF has been the subject of a number of recent research reports. Citigroup dropped their price objective on Herbalife from $16.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, October 25th. B. Riley dropped their price objective on Herbalife from $17.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. StockNews.com upgraded Herbalife from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. DA Davidson dropped their price objective on Herbalife from $13.00 to $7.50 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Finally, Mizuho lifted their price objective on Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $9.90.

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.