Herbalife Ltd. (NYSE:HLF) Shares Bought by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp grew its position in Herbalife Ltd. (NYSE:HLF) by 8.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 480,926 shares of the company’s stock after buying an additional 37,139 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Herbalife were worth $3,217,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in HLF. EntryPoint Capital LLC bought a new position in shares of Herbalife during the fourth quarter valued at approximately $481,000. Vanguard Group Inc. grew its stake in Herbalife by 7.5% during the 4th quarter. Vanguard Group Inc. now owns 11,271,417 shares of the company’s stock worth $75,406,000 after buying an additional 785,574 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Herbalife in the fourth quarter worth $192,000. Sei Investments Co. lifted its stake in Herbalife by 4.1% in the fourth quarter. Sei Investments Co. now owns 253,370 shares of the company’s stock valued at $1,695,000 after buying an additional 9,903 shares during the last quarter. Finally, Intech Investment Management LLC boosted its holdings in shares of Herbalife by 44.5% during the fourth quarter. Intech Investment Management LLC now owns 39,902 shares of the company’s stock valued at $267,000 after acquiring an additional 12,285 shares during the period.

Wall Street Analyst Weigh In

HLF has been the topic of a number of analyst reports. StockNews.com raised shares of Herbalife from a “buy” rating to a “strong-buy” rating in a report on Friday, March 21st. DA Davidson raised Herbalife from a “neutral” rating to a “buy” rating and lifted their price target for the company from $7.50 to $14.00 in a report on Friday, March 21st. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Herbalife currently has an average rating of “Buy” and a consensus target price of $12.00.

Insider Buying and Selling at Herbalife

In other Herbalife news, Director Juan Miguel Mendoza acquired 5,000 shares of Herbalife stock in a transaction dated Thursday, February 27th. The stock was bought at an average price of $8.25 per share, for a total transaction of $41,250.00. Following the transaction, the director now owns 132,500 shares in the company, valued at approximately $1,093,125. This trade represents a 3.92 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.73% of the stock is currently owned by corporate insiders.

Herbalife Stock Up 1.1 %

Shares of NYSE HLF opened at $8.66 on Tuesday. The firm’s 50-day simple moving average is $7.21 and its 200 day simple moving average is $7.25. The stock has a market cap of $877.71 million, a P/E ratio of 3.48, a P/E/G ratio of 0.29 and a beta of 1.03. Herbalife Ltd. has a fifty-two week low of $5.04 and a fifty-two week high of $12.79.

Herbalife (NYSE:HLF) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.28. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. On average, sell-side analysts anticipate that Herbalife Ltd. will post 1.57 earnings per share for the current fiscal year.

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.