NINE MASTS CAPITAL Ltd boosted its position in Herbalife LTD. (NYSE:HLF) by 17.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,830 shares of the company’s stock after buying an additional 6,630 shares during the period. NINE MASTS CAPITAL Ltd’s holdings in Herbalife LTD. were worth $2,158,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the company. BlackRock Advisors LLC raised its stake in shares of Herbalife LTD. by 3.5% in the third quarter. BlackRock Advisors LLC now owns 40,628 shares of the company’s stock worth $2,519,000 after buying an additional 1,373 shares during the period. Gateway Investment Advisers LLC raised its stake in shares of Herbalife LTD. by 6.0% in the third quarter. Gateway Investment Advisers LLC now owns 61,202 shares of the company’s stock worth $3,794,000 after buying an additional 3,441 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Herbalife LTD. by 2.7% in the third quarter. Rhumbline Advisers now owns 77,218 shares of the company’s stock worth $4,787,000 after buying an additional 2,064 shares during the last quarter. Teachers Advisors LLC raised its stake in shares of Herbalife LTD. by 7.7% in the third quarter. Teachers Advisors LLC now owns 168,478 shares of the company’s stock worth $10,444,000 after buying an additional 12,111 shares during the last quarter. Finally, Nordea Investment Management AB raised its stake in shares of Herbalife LTD. by 5.6% in the third quarter. Nordea Investment Management AB now owns 1,411,700 shares of the company’s stock worth $87,511,000 after buying an additional 75,354 shares during the last quarter.
Shares of Herbalife LTD. (NYSE:HLF) traded up 2.41% on Thursday, reaching $59.04. 1,196,443 shares of the company were exchanged. The company’s 50-day moving average is $52.61 and its 200-day moving average is $57.57. Herbalife LTD. has a 52 week low of $42.26 and a 52 week high of $72.22. The company has a market capitalization of $5.49 billion, a price-to-earnings ratio of 20.72 and a beta of 1.70.
A number of brokerages have recently weighed in on HLF. Zacks Investment Research lowered shares of Herbalife LTD. from a “hold” rating to a “sell” rating in a research note on Wednesday, January 4th. Pivotal Research reaffirmed a “buy” rating and set a $90.00 target price on shares of Herbalife LTD. in a research note on Friday, January 13th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $66.33.
About Herbalife LTD.
Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. The Company’s segments include North America; Mexico; South & Central America; Europe, Middle East, and Africa (EMEA); Asia Pacific, and China.
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