New York State Common Retirement Fund grew its stake in Herbalife Ltd. (NYSE:HLF) by 2.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 153,800 shares of the company’s stock after purchasing an additional 3,500 shares during the period. New York State Common Retirement Fund owned approximately 0.18% of Herbalife worth $10,432,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. FMR LLC grew its stake in shares of Herbalife by 9.1% in the 2nd quarter. FMR LLC now owns 8,025,946 shares of the company’s stock valued at $572,490,000 after purchasing an additional 667,474 shares during the period. Route One Investment Company L.P. grew its stake in shares of Herbalife by 1.0% in the 2nd quarter. Route One Investment Company L.P. now owns 7,153,000 shares of the company’s stock valued at $510,223,000 after purchasing an additional 68,000 shares during the period. UBS Oconnor LLC grew its stake in shares of Herbalife by 15.0% in the 2nd quarter. UBS Oconnor LLC now owns 1,062,200 shares of the company’s stock valued at $75,767,000 after purchasing an additional 138,428 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Herbalife by 2.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 422,832 shares of the company’s stock valued at $30,159,000 after purchasing an additional 10,911 shares during the period. Finally, TIAA CREF Investment Management LLC grew its stake in shares of Herbalife by 33.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 279,133 shares of the company’s stock valued at $19,911,000 after purchasing an additional 70,124 shares during the period.

HLF has been the topic of several analyst reports. Pivotal Research reiterated a “buy” rating and issued a $120.00 price objective on shares of Herbalife in a research note on Thursday, August 31st. ValuEngine upgraded Herbalife from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Citigroup restated a “hold” rating and set a $73.00 price target (up from $71.00) on shares of Herbalife in a research report on Tuesday, October 3rd. Zacks Investment Research lowered Herbalife from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Finally, SunTrust Banks restated a “hold” rating and set a $67.00 price target on shares of Herbalife in a research report on Friday, November 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $83.25.

Shares of Herbalife Ltd. (NYSE HLF) opened at $68.06 on Wednesday. The company has a market capitalization of $5,946.85, a P/E ratio of 14.92 and a beta of 1.27. Herbalife Ltd. has a 12-month low of $47.91 and a 12-month high of $79.64. The company has a current ratio of 2.65, a quick ratio of 2.24 and a debt-to-equity ratio of 9.94.

Herbalife (NYSE:HLF) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.82 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.82. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.09 billion. Herbalife had a return on equity of 176.64% and a net margin of 8.60%. Herbalife’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.21 EPS. analysts anticipate that Herbalife Ltd. will post 4.55 earnings per share for the current year.

In related news, insider Shin-Shing Bosco Chiu sold 2,380 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $69.98, for a total transaction of $166,552.40. Following the sale, the insider now directly owns 5,000 shares in the company, valued at approximately $349,900. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 4.95% of the stock is owned by corporate insiders.

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Herbalife Company 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.

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Institutional Ownership by Quarter for Herbalife (NYSE:HLF)

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