Q Global Advisors LLC Sells 128,101 Shares of Herbalife Ltd $HLF

Q Global Advisors LLC decreased its holdings in shares of Herbalife Ltd (NYSE:HLF) by 32.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 260,790 shares of the company’s stock after selling 128,101 shares during the quarter. Herbalife makes up approximately 3.4% of Q Global Advisors LLC’s portfolio, making the stock its 10th biggest position. Q Global Advisors LLC’s holdings in Herbalife were worth $3,839,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HLF. Caitong International Asset Management Co. Ltd purchased a new position in Herbalife in the fourth quarter valued at approximately $32,000. KBC Group NV purchased a new stake in shares of Herbalife during the 1st quarter worth approximately $44,000. Advisory Services Network LLC purchased a new stake in shares of Herbalife during the 3rd quarter worth approximately $65,000. Quarry LP boosted its holdings in shares of Herbalife by 49,105.3% in the 3rd quarter. Quarry LP now owns 9,349 shares of the company’s stock valued at $79,000 after buying an additional 9,330 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in shares of Herbalife by 512.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 6,544 shares of the company’s stock valued at $84,000 after buying an additional 5,476 shares during the last quarter.

Herbalife Trading Up 0.0%

Shares of Herbalife stock opened at $11.89 on Monday. The company has a 50-day moving average of $12.26 and a two-hundred day moving average of $14.72. Herbalife Ltd has a 12-month low of $7.56 and a 12-month high of $20.40. The stock has a market cap of $1.23 billion, a PE ratio of 5.22, a price-to-earnings-growth ratio of 0.65 and a beta of 0.86.

Herbalife (NYSE:HLF) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.59 EPS. On average, sell-side analysts forecast that Herbalife Ltd will post 2.68 EPS for the current fiscal year.

Insider Buying and Selling at Herbalife

In other Herbalife news, COO Troy Hicks sold 38,377 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $12.93, for a total value of $496,214.61. Following the sale, the chief operating officer owned 9,062 shares of the company’s stock, valued at approximately $117,171.66. This represents a 80.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Frank Lamberti sold 134,982 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $13.50, for a total value of $1,822,257.00. Following the completion of the transaction, the insider owned 36,624 shares of the company’s stock, valued at approximately $494,424. This represents a 78.66% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 191,296 shares of company stock valued at $2,551,678. 5.13% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages recently commented on HLF. Wall Street Zen lowered shares of Herbalife from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Zacks Research lowered Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Mizuho set a $17.00 target price on Herbalife in a research report on Monday, May 4th. Weiss Ratings downgraded Herbalife from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. Finally, Royal Bank Of Canada decreased their target price on Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a research report on Tuesday, April 28th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $17.80.

Herbalife Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.