Campbell & CO Investment Adviser LLC Has $1.55 Million Stake in Herbalife Ltd $HLF

Key Points

• Campbell & CO Investment Adviser LLC increased its stake in Herbalife by 516.9%, acquiring an additional 150,715 shares, bringing its total ownership to approximately 0.18% of the company valued at $1.55 million.
• Herbalife reported $0.59 EPS for the last quarter, exceeding estimates by $0.06, though revenue of $1.26 billion was slightly below expectations.
• Wall Street analysts have mixed views on Herbalife, with a consensus rating of "Moderate Buy" and an average price target of $11.50 amidst recent price adjustments by firms like Citigroup and Mizuho.

Campbell & CO Investment Adviser LLC raised its holdings in Herbalife Ltd (NYSE:HLF - Free Report) by 516.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 179,871 shares of the company's stock after acquiring an additional 150,715 shares during the period. Campbell & CO Investment Adviser LLC owned about 0.18% of Herbalife worth $1,552,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its position in Herbalife by 4,406.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 4,912 shares of the company's stock valued at $42,000 after acquiring an additional 4,803 shares during the last quarter. CWM LLC grew its position in Herbalife by 199.7% in the first quarter. CWM LLC now owns 7,969 shares of the company's stock valued at $69,000 after acquiring an additional 5,310 shares during the last quarter. Bridgefront Capital LLC bought a new position in Herbalife in the fourth quarter valued at about $71,000. MQS Management LLC bought a new position in Herbalife in the first quarter valued at about $105,000. Finally, Cerity Partners LLC bought a new stake in shares of Herbalife during the first quarter worth about $108,000.

Herbalife Stock Down 3.2%

HLF traded down $0.31 during trading on Thursday, hitting $9.18. The company's stock had a trading volume of 1,955,869 shares, compared to its average volume of 1,901,515. Herbalife Ltd has a twelve month low of $5.04 and a twelve month high of $10.83. The stock's fifty day moving average price is $9.35 and its 200-day moving average price is $8.12. The firm has a market capitalization of $946.03 million, a P/E ratio of 2.89, a PEG ratio of 0.29 and a beta of 0.85.

Herbalife (NYSE:HLF - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.06. Herbalife had a negative return on equity of 27.36% and a net margin of 6.59%.The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period in the previous year, the firm earned $0.54 earnings per share. The company's revenue was down 1.7% compared to the same quarter last year. Equities research analysts expect that Herbalife Ltd will post 1.57 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on HLF shares. Mizuho boosted their price target on Herbalife from $8.00 to $9.00 and gave the stock a "neutral" rating in a report on Monday, July 28th. Citigroup reduced their price target on Herbalife from $13.00 to $11.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Finally, Wall Street Zen cut Herbalife from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Herbalife presently has an average rating of "Moderate Buy" and an average price target 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.