Two Sigma Advisers LP Raises Position in Herbalife Ltd. (NYSE:HLF)

Two Sigma Advisers LP raised its holdings in shares of Herbalife Ltd. (NYSE:HLF - Free Report) by 1,583.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 173,400 shares of the company's stock after purchasing an additional 163,100 shares during the period. Two Sigma Advisers LP owned 0.17% of Herbalife worth $1,160,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. State of Wyoming raised its position in Herbalife by 227.6% during the 4th quarter. State of Wyoming now owns 36,042 shares of the company's stock valued at $241,000 after purchasing an additional 25,040 shares during the last quarter. Sherbrooke Park Advisers LLC purchased a new position in shares of Herbalife during the 4th quarter worth approximately $382,000. ProShare Advisors LLC grew its holdings in shares of Herbalife by 50.5% during the 4th quarter. ProShare Advisors LLC now owns 28,428 shares of the company's stock worth $190,000 after acquiring an additional 9,545 shares during the period. Quantedge Capital Pte Ltd grew its holdings in shares of Herbalife by 1,318.1% during the 4th quarter. Quantedge Capital Pte Ltd now owns 360,200 shares of the company's stock worth $2,410,000 after acquiring an additional 334,800 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 period.

Herbalife Stock Performance

Shares of HLF stock traded up $0.03 on Tuesday, reaching $7.73. The stock had a trading volume of 647,258 shares, compared to its average volume of 2,236,721. The stock has a market cap of $787.28 million, a P/E ratio of 3.10, a price-to-earnings-growth ratio of 0.29 and a beta of 0.88. The company has a 50 day simple moving average of $7.20 and a 200 day simple moving average of $7.18. Herbalife Ltd. has a 1 year low of $5.04 and a 1 year high of $12.79.

Herbalife (NYSE:HLF - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate 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 negative return on equity of 20.78% and a net margin of 5.09%. Herbalife's quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.49 earnings per share. On average, equities research analysts anticipate that Herbalife Ltd. will post 1.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on HLF shares. Wall Street Zen upgraded Herbalife from a "hold" rating to a "buy" rating in a report on Friday. DA Davidson upgraded Herbalife from a "neutral" rating to a "buy" rating and upped their price target for the stock from $7.50 to $14.00 in a research note on Friday, March 21st. Finally, Citigroup cut their price target on Herbalife from $13.00 to $11.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $11.50.

Insider Transactions at Herbalife

In related news, Director Juan Miguel Mendoza acquired 5,000 shares of Herbalife stock in a transaction on Friday, May 2nd. The shares were bought at an average cost of $6.73 per share, with a total value of $33,650.00. Following the completion of the purchase, the director now directly owns 140,000 shares of the company's stock, valued at $942,200. The trade was a 3.70% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.73% of the company's stock.

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.