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

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

Several other institutional investors have also added to or reduced their stakes in HLF. Quadrant Capital Group LLC lifted its position in Herbalife by 641.5% during the fourth quarter. Quadrant Capital Group LLC now owns 4,293 shares of the company’s stock valued at $29,000 after purchasing an additional 3,714 shares during the period. R Squared Ltd purchased a new stake in Herbalife during the 4th quarter valued at $63,000. Van ECK Associates Corp lifted its holdings in shares of Herbalife by 110.4% during the 4th quarter. Van ECK Associates Corp now owns 10,526 shares of the company’s stock valued at $70,000 after buying an additional 5,524 shares during the period. Headlands Technologies LLC boosted its stake in shares of Herbalife by 12,307.6% in the 4th quarter. Headlands Technologies LLC now owns 11,415 shares of the company’s stock worth $76,000 after buying an additional 11,323 shares during the last quarter. Finally, Range Financial Group LLC bought a new stake in shares of Herbalife in the fourth quarter worth $124,000.

Insider Activity

In other Herbalife news, Director Juan Miguel Mendoza purchased 5,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were bought at an average cost of $8.25 per share, with a total value of $41,250.00. Following the acquisition, 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 ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.73% of the company’s stock.

Herbalife Stock Up 2.9 %

HLF stock opened at $6.42 on Monday. The business’s 50-day moving average price is $7.68 and its 200-day moving average price is $7.26. The stock has a market cap of $650.51 million, a P/E ratio of 2.58, a PEG ratio of 0.29 and a beta of 1.02. Herbalife Ltd. has a twelve month low of $5.04 and a twelve month high of $12.79.

Herbalife (NYSE:HLF) last posted 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 business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. On average, equities research analysts expect that Herbalife Ltd. will post 1.57 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HLF. StockNews.com cut Herbalife from a “strong-buy” rating to a “buy” rating in a research report on Friday. DA Davidson upgraded shares of Herbalife from a “neutral” rating to a “buy” rating and boosted their target price for the company from $7.50 to $14.00 in a research report on Friday, March 21st. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.00.

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.