New York State Common Retirement Fund reduced its position in shares of Herbalife LTD. (NYSE:HLF) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,300 shares of the company’s stock after selling 13,501 shares during the period. New York State Common Retirement Fund owned about 0.16% of Herbalife LTD. worth $10,721,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. increased its stake in shares of Herbalife LTD. by 19,647.9% in the first quarter. BlackRock Inc. now owns 3,149,983 shares of the company’s stock worth $183,139,000 after buying an additional 3,134,032 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Herbalife LTD. by 468.2% in the second quarter. First Trust Advisors LP now owns 172,027 shares of the company’s stock worth $12,271,000 after buying an additional 141,752 shares during the last quarter. TIAA CREF Investment Management LLC increased its stake in shares of Herbalife LTD. by 33.6% in the second quarter. TIAA CREF Investment Management LLC now owns 279,133 shares of the company’s stock worth $19,911,000 after buying an additional 70,124 shares during the last quarter. CIBC World Markets Inc. bought a new stake in shares of Herbalife LTD. in the second quarter worth $4,924,000. Finally, Lyon Street Capital LLC increased its stake in shares of Herbalife LTD. by 59.3% in the first quarter. Lyon Street Capital LLC now owns 157,170 shares of the company’s stock worth $9,138,000 after buying an additional 58,491 shares during the last quarter.

Shares of Herbalife LTD. (NYSE HLF) opened at 75.25 on Friday. The company has a market cap of $6.79 billion, a price-to-earnings ratio of 15.82 and a beta of 1.23. Herbalife LTD. has a 1-year low of $47.62 and a 1-year high of $75.75. The firm’s 50-day moving average is $68.39 and its 200 day moving average is $67.28.

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

HLF has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of Herbalife LTD. from a “hold” rating to a “buy” rating and set a $73.00 price target for the company in a research note on Thursday, August 3rd. Citigroup Inc. restated a “hold” rating and issued a $73.00 price target (up previously from $71.00) on shares of Herbalife LTD. in a research note on Tuesday, October 3rd. Tigress Financial restated a “buy” rating on shares of Herbalife LTD. in a research note on Monday, August 21st. SunTrust Banks, Inc. set a $67.00 price target on shares of Herbalife LTD. and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Finally, ValuEngine upgraded shares of Herbalife LTD. from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Herbalife LTD. presently has an average rating of “Hold” and a consensus target price of $83.25.

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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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