Jump Financial LLC Buys 130,433 Shares of Herbalife Ltd. (NYSE:HLF)

Jump Financial LLC grew its stake in shares of Herbalife Ltd. (NYSE:HLF) by 374.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 165,300 shares of the company’s stock after buying an additional 130,433 shares during the quarter. Jump Financial LLC owned 0.16% of Herbalife worth $1,106,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Bryce Point Capital LLC bought a new stake in Herbalife in the 4th quarter worth approximately $1,417,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Herbalife in the 4th quarter worth approximately $482,000. Perpetual Ltd boosted its stake in shares of Herbalife by 107.1% in the 4th quarter. Perpetual Ltd now owns 966,063 shares of the company’s stock valued at $6,463,000 after purchasing an additional 499,572 shares in the last quarter. Johnson Financial Group LLC bought a new position in shares of Herbalife during the 4th quarter valued at $221,000. Finally, US Bancorp DE purchased a new position in Herbalife in the 4th quarter worth $322,000.

Insiders Place Their Bets

In other news, Director Juan Miguel Mendoza acquired 5,000 shares of the stock in a transaction on Thursday, February 27th. The stock was acquired at an average price of $8.25 per share, with a total value of $41,250.00. Following the completion of the transaction, the director now owns 132,500 shares of the company’s stock, valued at $1,093,125. This represents a 3.92 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.73% of the stock is currently owned by company insiders.

Herbalife Price Performance

NYSE HLF opened at $6.42 on Monday. The business’s 50-day moving average is $7.68 and its 200 day moving average is $7.26. The stock has a market capitalization of $650.51 million, a PE ratio of 2.58, a PEG ratio of 0.29 and a beta of 1.02. Herbalife Ltd. has a 1 year low of $5.04 and a 1 year high of $12.79.

Herbalife (NYSE:HLF) last posted its earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.28. The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Herbalife had a negative return on equity of 20.78% and a net margin of 5.09%. As a group, equities research analysts anticipate that Herbalife Ltd. will post 1.57 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HLF. DA Davidson raised Herbalife from a “neutral” rating to a “buy” rating and raised their price objective for the company from $7.50 to $14.00 in a research note on Friday, March 21st. StockNews.com downgraded Herbalife from a “strong-buy” rating to a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $12.00.

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.