Herbalife Ltd. (NYSE:HLF) Stock Holdings Lifted by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. raised its stake in Herbalife Ltd. (NYSE:HLF - Free Report) by 67.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,570,226 shares of the company's stock after acquiring an additional 1,031,078 shares during the period. Jacobs Levy Equity Management Inc. owned 2.55% of Herbalife worth $17,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Quadrant Capital Group LLC raised its holdings in shares of Herbalife by 641.5% in the fourth quarter. Quadrant Capital Group LLC now owns 4,293 shares of the company's stock valued at $29,000 after buying an additional 3,714 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Herbalife in the fourth quarter valued at about $63,000. Van ECK Associates Corp increased its stake in shares of Herbalife by 110.4% during the fourth quarter. Van ECK Associates Corp now owns 10,526 shares of the company's stock worth $70,000 after acquiring an additional 5,524 shares during the period. Bridgefront Capital LLC acquired a new position in shares of Herbalife during the fourth quarter worth about $71,000. Finally, Headlands Technologies LLC increased its stake in shares of Herbalife by 12,307.6% during the fourth quarter. Headlands Technologies LLC now owns 11,415 shares of the company's stock worth $76,000 after acquiring an additional 11,323 shares during the period.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HLF. StockNews.com lowered shares of Herbalife from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 29th. 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 boosted their price target for the stock from $7.50 to $14.00 in a research note on Friday, March 21st. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $11.50.

Herbalife Price Performance

HLF traded down $0.03 during trading hours on Friday, reaching $7.05. 1,464,994 shares of the stock traded hands, compared to its average volume of 2,262,985. The firm's fifty day simple moving average is $7.42 and its two-hundred day simple moving average is $7.25. The company has a market cap of $717.51 million, a price-to-earnings ratio of 2.83, a PEG ratio of 0.29 and a beta of 0.88. Herbalife Ltd. has a fifty-two week low of $5.04 and a fifty-two week high of $12.79.

Herbalife (NYSE:HLF - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.19. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period last year, the firm posted $0.49 EPS. The company's revenue for the quarter was down 3.4% on a year-over-year basis. On average, research analysts predict that Herbalife Ltd. will post 1.57 earnings per share for the current year.

Insider Transactions at Herbalife

In other news, Director Juan Miguel Mendoza acquired 5,000 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The shares were purchased at an average cost of $6.73 per share, for a total transaction of $33,650.00. Following the transaction, the director now directly owns 140,000 shares in the company, valued at $942,200. This trade represents a 3.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have acquired 12,500 shares of company stock worth $94,900. 1.73% of the stock is currently owned by insiders.

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.