Q Global Advisors LLC Makes New Investment in Herbalife Ltd. (NYSE:HLF)

Q Global Advisors LLC bought a new position in Herbalife Ltd. (NYSE:HLF - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 364,398 shares of the company's stock, valued at approximately $2,438,000. Herbalife comprises 2.5% of Q Global Advisors LLC's investment portfolio, making the stock its 8th largest position. Q Global Advisors LLC owned about 0.36% of Herbalife as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. SG Americas Securities LLC lifted its stake in Herbalife by 83.5% in the fourth quarter. SG Americas Securities LLC now owns 18,884 shares of the company's stock worth $126,000 after acquiring an additional 8,591 shares during the period. Inspire Investing LLC lifted its stake in Herbalife by 6.1% in the fourth quarter. Inspire Investing LLC now owns 59,879 shares of the company's stock worth $401,000 after acquiring an additional 3,458 shares during the period. Exchange Traded Concepts LLC lifted its stake in Herbalife by 3.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 44,790 shares of the company's stock worth $300,000 after acquiring an additional 1,636 shares during the period. Avaii Wealth Management LLC lifted its stake in Herbalife by 49.3% in the fourth quarter. Avaii Wealth Management LLC now owns 58,634 shares of the company's stock worth $392,000 after acquiring an additional 19,370 shares during the period. Finally, R Squared Ltd purchased a new stake in Herbalife in the fourth quarter worth $63,000.

Insiders Place Their Bets

In other Herbalife news, Director Juan Miguel Mendoza acquired 5,000 shares of the stock in a transaction dated Thursday, May 22nd. The shares were purchased at an average price of $6.75 per share, for a total transaction of $33,750.00. Following the purchase, the director now directly owns 166,857 shares of the company's stock, valued at approximately $1,126,284.75. This trade represents a 3.09% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. In the last quarter, insiders purchased 17,500 shares of company stock valued at $128,650. Company insiders own 1.73% of the company's stock.

Herbalife Stock Performance

Shares of NYSE:HLF traded up $0.05 during midday trading on Wednesday, reaching $7.69. 1,814,442 shares of the company's stock traded hands, compared to its average volume of 2,255,473. Herbalife Ltd. has a one year low of $5.04 and a one year high of $12.79. The company has a market cap of $783.20 million, a price-to-earnings ratio of 3.09, a P/E/G ratio of 0.29 and a beta of 0.88. The stock has a 50 day moving average of $7.23 and a 200 day moving average of $7.20.

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

Wall Street Analysts Forecast Growth

HLF has been the topic of a number of recent research reports. Wall Street Zen cut shares of Herbalife from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Citigroup dropped their price target on shares of Herbalife from $13.00 to $11.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Finally, DA Davidson upgraded shares of Herbalife from a "neutral" rating to a "buy" rating and raised their price objective for the company from $7.50 to $14.00 in a research note on Friday, March 21st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Herbalife presently has an average rating of "Moderate Buy" and a consensus target price of $11.50.

Herbalife 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.