EntryPoint Capital LLC Has $164,000 Stake in Herbalife Ltd $HLF

Key Points

• EntryPoint Capital LLC has significantly reduced its stake in Herbalife Ltd by 73.5%, now holding 19,004 shares worth approximately $164,000.
• Several large investors have increased their holdings in Herbalife, notably Caitong International Asset Management, which raised its stake by over 4,400%.
• Herbalife's stock has an average rating of "Moderate Buy" with a current price target of $11.50 and reported earnings of $0.59 per share for the last quarter, beating estimates.

EntryPoint Capital LLC trimmed its stake in shares of Herbalife Ltd (NYSE:HLF - Free Report) by 73.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,004 shares of the company's stock after selling 52,829 shares during the period. EntryPoint Capital LLC's holdings in Herbalife were worth $164,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd raised its stake in shares of Herbalife by 4,406.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 4,912 shares of the company's stock worth $42,000 after buying an additional 4,803 shares during the last quarter. CWM LLC raised its stake in shares of Herbalife by 199.7% during the first quarter. CWM LLC now owns 7,969 shares of the company's stock worth $69,000 after buying an additional 5,310 shares during the last quarter. Bridgefront Capital LLC bought a new stake in shares of Herbalife during the fourth quarter worth approximately $71,000. MQS Management LLC bought a new stake in shares of Herbalife during the first quarter worth approximately $105,000. Finally, Cerity Partners LLC bought a new stake in shares of Herbalife during the first quarter worth approximately $108,000.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Herbalife from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Citigroup dropped their price target on shares of Herbalife from $13.00 to $11.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Finally, Mizuho boosted their price target on shares of Herbalife from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $11.50.

Herbalife Stock Performance

Shares of NYSE:HLF opened at $9.7250 on Monday. Herbalife Ltd has a 52 week low of $5.04 and a 52 week high of $10.83. The company has a market capitalization of $1.00 billion, a PE ratio of 3.07, a PEG ratio of 0.29 and a beta of 0.85. The company has a 50 day moving average price of $9.24 and a two-hundred day moving average price of $8.05.

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

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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