Baupost Group LLC MA Lowers Holdings in Herbalife Ltd $HLF

Baupost Group LLC MA decreased its position in Herbalife Ltd (NYSE:HLF) by 62.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,259,844 shares of the company’s stock after selling 15,629,000 shares during the period. Herbalife accounts for about 2.3% of Baupost Group LLC MA’s investment portfolio, making the stock its 16th biggest position. Baupost Group LLC MA owned approximately 8.96% of Herbalife worth $119,359,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of HLF. Manatuck Hill Partners LLC boosted its holdings in shares of Herbalife by 122.2% in the third quarter. Manatuck Hill Partners LLC now owns 1,000,000 shares of the company’s stock valued at $8,440,000 after purchasing an additional 550,000 shares during the period. Invenomic Capital Management LP purchased a new stake in shares of Herbalife in the third quarter valued at approximately $3,550,000. Johnson Financial Group LLC boosted its holdings in shares of Herbalife by 1,156.1% in the fourth quarter. Johnson Financial Group LLC now owns 414,500 shares of the company’s stock valued at $5,343,000 after purchasing an additional 381,500 shares during the period. Invesco Ltd. boosted its holdings in shares of Herbalife by 60.5% in the third quarter. Invesco Ltd. now owns 763,857 shares of the company’s stock valued at $6,447,000 after purchasing an additional 287,880 shares during the period. Finally, UBS Group AG boosted its holdings in shares of Herbalife by 74.3% in the third quarter. UBS Group AG now owns 658,654 shares of the company’s stock valued at $5,559,000 after purchasing an additional 280,870 shares during the period.

Insider Buying and Selling at Herbalife

In other news, insider Frank Lamberti sold 134,982 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $13.50, for a total transaction of $1,822,257.00. Following the completion of the sale, the insider owned 36,624 shares in the company, valued at approximately $494,424. This represents a 78.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Troy Hicks sold 10,000 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $12.32, for a total value of $123,200.00. Following the sale, the chief operating officer owned 9,706 shares of the company’s stock, valued at approximately $119,577.92. This represents a 50.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 191,296 shares of company stock valued at $2,551,678. Company insiders own 5.13% of the company’s stock.

Herbalife Stock Down 0.7%

Herbalife stock opened at $12.11 on Friday. The business has a fifty day moving average of $13.99 and a two-hundred day moving average of $14.87. The firm has a market cap of $1.26 billion, a P/E ratio of 5.31, a P/E/G ratio of 0.72 and a beta of 0.88. Herbalife Ltd has a twelve month low of $7.56 and a twelve month high of $20.40.

Herbalife (NYSE:HLF) last posted its earnings results on Wednesday, May 6th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.Herbalife’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 earnings per share. Equities analysts expect that Herbalife Ltd will post 2.47 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on HLF shares. Royal Bank Of Canada lowered their price target on Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a report on Tuesday, April 28th. Weiss Ratings lowered Herbalife from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Wall Street Zen upgraded Herbalife from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Zacks Research lowered Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Mizuho set a $17.00 target price on Herbalife in a report on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Herbalife presently has an average rating of “Hold” and an average price target of $17.80.

Herbalife Company Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.