SG Americas Securities LLC Has $1.10 Million Position in Herbalife Ltd (NYSE:HLF)

SG Americas Securities LLC increased its holdings in shares of Herbalife Ltd (NYSE:HLF - Free Report) by 573.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 127,098 shares of the company's stock after acquiring an additional 108,214 shares during the quarter. SG Americas Securities LLC owned about 0.13% of Herbalife worth $1,097,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Herbalife by 4.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 57,441 shares of the company's stock worth $384,000 after acquiring an additional 2,516 shares during the last quarter. Swiss National Bank boosted its stake in Herbalife by 1.6% in the 4th quarter. Swiss National Bank now owns 198,172 shares of the company's stock valued at $1,326,000 after purchasing an additional 3,100 shares during the period. Quadrant Capital Group LLC boosted its stake in Herbalife by 641.5% in the 4th quarter. Quadrant Capital Group LLC now owns 4,293 shares of the company's stock valued at $29,000 after purchasing an additional 3,714 shares during the period. Van ECK Associates Corp boosted its stake in Herbalife by 110.4% in the 4th quarter. Van ECK Associates Corp now owns 10,526 shares of the company's stock valued at $70,000 after purchasing an additional 5,524 shares during the period. Finally, Rhumbline Advisers boosted its stake in Herbalife by 4.1% in the 1st quarter. Rhumbline Advisers now owns 152,987 shares of the company's stock valued at $1,320,000 after purchasing an additional 6,081 shares during the period.

Insider Buying and Selling

In other Herbalife news, Director Juan Miguel Mendoza acquired 5,000 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The stock was acquired at an average cost of $6.75 per share, for a total transaction of $33,750.00. Following the transaction, the director now directly owns 166,857 shares in the company, valued at $1,126,284.75. This represents a 3.09% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders acquired a total of 13,143 shares of company stock worth $90,973 in the last ninety days. 1.73% of the stock is owned by insiders.

Herbalife Stock Down 0.3%

Shares of NYSE:HLF traded down $0.02 during trading on Friday, reaching $8.07. 1,310,552 shares of the company traded hands, compared to its average volume of 2,193,523. The company's 50 day moving average is $7.23 and its two-hundred day moving average is $7.17. The firm has a market capitalization of $821.73 million, a PE ratio of 2.94, a PEG ratio of 0.24 and a beta of 0.86. Herbalife Ltd has a 52 week low of $5.04 and a 52 week high of $12.79.

Herbalife (NYSE:HLF - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.19. Herbalife had a negative return on equity of 23.75% and a net margin of 5.66%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the prior year, the company earned $0.49 EPS. Herbalife's revenue for the quarter was down 3.4% on a year-over-year basis. As a group, research analysts anticipate that Herbalife Ltd will post 1.57 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Wall Street Zen upgraded Herbalife from a "hold" rating to a "buy" rating in a research note on Friday, May 30th. Citigroup reduced their price target on Herbalife from $13.00 to $11.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Finally, DA Davidson upgraded Herbalife from a "neutral" rating to a "buy" rating and boosted their price target for the company from $7.50 to $14.00 in a research note on Friday, March 21st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Herbalife currently has an average rating of "Moderate Buy" and a consensus target price of $11.50.

About Herbalife

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.