Strs Ohio purchased a new stake in shares of Herbalife Nutrition Ltd (NYSE:HLF) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 35,088 shares of the company’s stock, valued at approximately $1,578,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. BBVA USA Bancshares Inc. increased its position in shares of Herbalife Nutrition by 21.5% during the second quarter. BBVA USA Bancshares Inc. now owns 13,133 shares of the company’s stock valued at $591,000 after acquiring an additional 2,328 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Herbalife Nutrition by 15.4% during the second quarter. Robeco Institutional Asset Management B.V. now owns 329,673 shares of the company’s stock valued at $14,830,000 after acquiring an additional 43,880 shares during the last quarter. Empirical Finance LLC increased its position in shares of Herbalife Nutrition by 2.6% during the second quarter. Empirical Finance LLC now owns 40,500 shares of the company’s stock valued at $1,822,000 after acquiring an additional 1,027 shares during the last quarter. Gateway Investment Advisers LLC increased its position in shares of Herbalife Nutrition by 0.8% during the second quarter. Gateway Investment Advisers LLC now owns 30,567 shares of the company’s stock valued at $1,375,000 after acquiring an additional 238 shares during the last quarter. Finally, Wedge Capital Management L L P NC purchased a new stake in shares of Herbalife Nutrition during the second quarter valued at approximately $327,000. 84.88% of the stock is owned by institutional investors.

Herbalife Nutrition stock opened at $51.24 on Friday. Herbalife Nutrition Ltd has a one year low of $20.73 and a one year high of $52.89. The business has a fifty day moving average price of $46.63 and a 200-day moving average price of $39.40. The firm has a market capitalization of $7.53 billion, a P/E ratio of 27.85 and a beta of 1.01.

Herbalife Nutrition (NYSE:HLF) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.83 EPS for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.24. Herbalife Nutrition had a negative return on equity of 94.42% and a net margin of 5.24%. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same period last year, the company earned $0.66 earnings per share. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. On average, research analysts forecast that Herbalife Nutrition Ltd will post 3.4 earnings per share for the current year.

A number of analysts recently commented on HLF shares. Jefferies Financial Group increased their price target on Herbalife Nutrition from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Citigroup raised their target price on Herbalife Nutrition from $49.00 to $56.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. ValuEngine downgraded Herbalife Nutrition from a “hold” rating to a “sell” rating in a research report on Wednesday, July 15th. Argus raised Herbalife Nutrition to a “buy” rating and set a $54.00 target price for the company in a research report on Thursday, July 2nd. Finally, Tigress Financial reissued a “buy” rating on shares of Herbalife Nutrition in a research report on Tuesday, May 19th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $43.39.

Herbalife Nutrition Profile

Herbalife Nutrition Ltd. develops and sells nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. It provides science-based products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition.

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Institutional Ownership by Quarter for Herbalife Nutrition (NYSE:HLF)

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