37,560 Shares in Herbalife Ltd. (NYSE:HLF) Bought by Boothbay Fund Management LLC

Boothbay Fund Management LLC purchased a new stake in shares of Herbalife Ltd. (NYSE:HLF - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 37,560 shares of the company's stock, valued at approximately $251,000.

Other institutional investors have also recently bought and sold shares of the company. Long Focus Capital Management LLC increased its position in shares of Herbalife by 27.3% during the fourth quarter. Long Focus Capital Management LLC now owns 4,758,127 shares of the company's stock worth $31,832,000 after acquiring an additional 1,020,127 shares in the last quarter. Dark Forest Capital Management LP boosted its stake in Herbalife by 53.9% during the 4th quarter. Dark Forest Capital Management LP now owns 94,616 shares of the company's stock valued at $633,000 after purchasing an additional 33,140 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Herbalife by 52.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 33,292 shares of the company's stock worth $223,000 after purchasing an additional 11,507 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in shares of Herbalife by 192.0% in the fourth quarter. Canada Pension Plan Investment Board now owns 40,300 shares of the company's stock worth $270,000 after purchasing an additional 26,500 shares during the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of Herbalife by 83.8% in the fourth quarter. Marshall Wace LLP now owns 1,444,343 shares of the company's stock valued at $9,663,000 after purchasing an additional 658,536 shares in the last quarter.

Insider Transactions at Herbalife

In other news, Director Juan Miguel Mendoza acquired 5,000 shares of Herbalife stock in a transaction on Thursday, February 27th. The stock was acquired at an average cost of $8.25 per share, with a total value of $41,250.00. Following the completion of the acquisition, the director now owns 132,500 shares in the company, valued at approximately $1,093,125. This trade represents a 3.92 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.73% of the stock is currently owned by company insiders.

Herbalife Price Performance

Shares of NYSE:HLF opened at $7.32 on Friday. Herbalife Ltd. has a 1 year low of $5.04 and a 1 year high of $12.79. The company has a market capitalization of $741.82 million, a PE ratio of 2.94, a price-to-earnings-growth ratio of 0.29 and a beta of 1.02. The business has a fifty day moving average price of $7.73 and a two-hundred day moving average price of $7.25.

Herbalife (NYSE:HLF - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.19. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. The firm's quarterly revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.49 EPS. Sell-side analysts anticipate that Herbalife Ltd. will post 1.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Citigroup lowered their price target on Herbalife from $13.00 to $11.00 and set a "buy" rating for the company in a research report on Thursday. DA Davidson upgraded shares of Herbalife from a "neutral" rating to a "buy" rating and increased their target price for the company from $7.50 to $14.00 in a report on Friday, March 21st. Finally, StockNews.com lowered shares of Herbalife from a "strong-buy" rating to a "buy" rating in a research report on Tuesday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $11.50.

Herbalife Company Profile

Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.

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