Huber Capital Management LLC Purchases 280,700 Shares of Herbalife Ltd. (NYSE:HLF)

Huber Capital Management LLC boosted its holdings in shares of Herbalife Ltd. (NYSE:HLF) by 760.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 317,600 shares of the company’s stock after buying an additional 280,700 shares during the period. Huber Capital Management LLC owned approximately 0.32% of Herbalife worth $2,125,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in HLF. Arrowstreet Capital Limited Partnership boosted its holdings in Herbalife by 777.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,987,490 shares of the company’s stock worth $19,986,000 after acquiring an additional 2,646,848 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Herbalife by 7.5% during the 4th quarter. Vanguard Group Inc. now owns 11,271,417 shares of the company’s stock valued at $75,406,000 after purchasing an additional 785,574 shares during the last quarter. Thompson Siegel & Walmsley LLC raised its stake in Herbalife by 110.2% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,022,605 shares of the company’s stock valued at $6,841,000 after purchasing an additional 536,196 shares in the last quarter. Perpetual Ltd increased its position in Herbalife by 107.1% during the fourth quarter. Perpetual Ltd now owns 966,063 shares of the company’s stock valued at $6,463,000 after acquiring an additional 499,572 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its stake in Herbalife by 20.2% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,287,600 shares of the company’s stock worth $16,448,000 after purchasing an additional 384,100 shares during the period.

Herbalife Price Performance

Shares of HLF stock opened at $8.81 on Thursday. The company has a market capitalization of $892.81 million, a PE ratio of 3.54, a price-to-earnings-growth ratio of 0.29 and a beta of 1.03. Herbalife Ltd. has a 12 month low of $5.04 and a 12 month high of $12.79. The firm’s 50-day moving average is $7.30 and its two-hundred day moving average is $7.27.

Herbalife (NYSE:HLF) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.36 earnings per share for the quarter, beating 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 firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Sell-side analysts forecast that Herbalife Ltd. will post 1.57 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. DA Davidson raised shares of Herbalife from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $7.50 to $14.00 in a research report on Friday, March 21st. StockNews.com upgraded shares of Herbalife from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 21st. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $12.00.

Insider Activity

In other Herbalife news, Director Juan Miguel Mendoza acquired 5,000 shares of the company’s stock in a transaction dated Thursday, February 27th. The stock was acquired at an average cost of $8.25 per share, with a total value of $41,250.00. Following the purchase, the director now directly 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 filing with the SEC, which is available through this link. Corporate insiders own 1.73% of the company’s stock.

About Herbalife

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.