Sei Investments Co. Has $4.92 Million Position in Herbalife Ltd $HLF

Sei Investments Co. raised its holdings in Herbalife Ltd (NYSE:HLF) by 29.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 334,367 shares of the company’s stock after acquiring an additional 75,924 shares during the quarter. Sei Investments Co. owned about 0.32% of Herbalife worth $4,922,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HLF. Caitong International Asset Management Co. Ltd bought a new stake in Herbalife during the fourth quarter worth approximately $32,000. KBC Group NV acquired a new stake in shares of Herbalife in the first quarter worth $44,000. Advisory Services Network LLC bought a new stake in shares of Herbalife during the 3rd quarter worth $65,000. Quarry LP boosted its holdings in shares of Herbalife by 49,105.3% during the 3rd quarter. Quarry LP now owns 9,349 shares of the company’s stock worth $79,000 after buying an additional 9,330 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in 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.

Insider Transactions at Herbalife

In other Herbalife news, COO Troy Hicks sold 38,377 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $12.93, for a total value of $496,214.61. Following the completion of the transaction, the chief operating officer directly owned 9,062 shares of the company’s stock, valued at approximately $117,171.66. The trade was a 80.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Frank Lamberti sold 134,982 shares of the company’s stock in a transaction dated 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 sale, the insider owned 36,624 shares of the company’s stock, valued at $494,424. This represents a 78.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 191,296 shares of company stock valued at $2,551,678 over the last ninety days. 5.13% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on HLF. Zacks Research cut shares of Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Mizuho set a $17.00 price objective on Herbalife in a research report on Monday, May 4th. Wall Street Zen cut Herbalife from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. 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 note on Tuesday, April 28th. Finally, Weiss Ratings lowered Herbalife from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 24th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Herbalife presently has an average rating of “Hold” and an average price target of $17.80.

Herbalife Price Performance

HLF opened at $12.57 on Thursday. Herbalife Ltd has a fifty-two week low of $7.56 and a fifty-two week high of $20.40. The firm’s fifty day moving average price is $12.28 and its two-hundred day moving average price is $14.57. The company has a market capitalization of $1.30 billion, a P/E ratio of 5.51, a P/E/G ratio of 0.70 and a beta of 0.87.

Herbalife (NYSE:HLF) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.03). The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Herbalife had a net margin of 4.67% and a negative return on equity of 41.47%. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.59 earnings per share. On average, equities research analysts expect that Herbalife Ltd will post 2.68 EPS for the current fiscal year.

Herbalife Company 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.