Herbalife LTD. (HLF) Holdings Boosted by Maverick Capital Ltd.

Maverick Capital Ltd. lifted its stake in Herbalife LTD. (NYSE:HLF) by 209.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,080 shares of the company’s stock after acquiring an additional 13,590 shares during the period. Maverick Capital Ltd.’s holdings in Herbalife LTD. were worth $1,432,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Legal & General Group Plc boosted its holdings in shares of Herbalife LTD. by 4.2% in the first quarter. Legal & General Group Plc now owns 364,589 shares of the company’s stock worth $21,198,000 after acquiring an additional 14,755 shares during the period. Pacad Investment Ltd. bought a new position in shares of Herbalife LTD. in the second quarter worth $1,283,000. FMR LLC boosted its holdings in shares of Herbalife LTD. by 9.1% in the second quarter. FMR LLC now owns 8,025,946 shares of the company’s stock worth $572,490,000 after acquiring an additional 667,474 shares during the period. CIBC World Markets Inc. bought a new position in shares of Herbalife LTD. in the second quarter worth $4,924,000. Finally, William Blair Investment Management LLC boosted its holdings in shares of Herbalife LTD. by 10.8% in the second quarter. William Blair Investment Management LLC now owns 214,322 shares of the company’s stock worth $15,288,000 after acquiring an additional 20,903 shares during the period.

COPYRIGHT VIOLATION WARNING: “Herbalife LTD. (HLF) Holdings Boosted by Maverick Capital Ltd.” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The original version of this news story can be accessed at https://ledgergazette.com/2017/10/17/maverick-capital-ltd-grows-holdings-in-herbalife-ltd-hlf.html.

A number of equities analysts have recently commented on the company. SunTrust Banks, Inc. set a $67.00 price target on Herbalife LTD. and gave the stock a “hold” rating in a report on Wednesday, August 2nd. Pivotal Research reissued a “buy” rating and set a $120.00 price objective on shares of Herbalife LTD. in a research note on Tuesday, October 3rd. Tigress Financial reissued a “buy” rating on shares of Herbalife LTD. in a research note on Wednesday, August 9th. BidaskClub raised Herbalife LTD. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, Zacks Investment Research lowered Herbalife LTD. from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $83.25.

Herbalife LTD. (HLF) traded down 1.26% on Tuesday, hitting $77.77. The stock had a trading volume of 716,995 shares. Herbalife LTD. has a 52-week low of $47.62 and a 52-week high of $79.64. The firm has a market cap of $7.01 billion, a price-to-earnings ratio of 16.35 and a beta of 1.23. The company’s 50 day moving average price is $69.83 and its 200 day moving average price is $68.17.

Herbalife LTD. (NYSE:HLF) last posted its quarterly earnings results on Tuesday, August 1st. The company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.41. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. Herbalife LTD. had a net margin of 9.28% and a return on equity of 216.82%. Herbalife LTD.’s quarterly revenue was down 4.6% on a year-over-year basis. Dur

Other institutional investors also recently bought and sold shares of the company. Legal & General Group Plc boosted its holdings in shares of Herbalife LTD. by 4.2% in the first quarter. Legal & General Group Plc now owns 364,589 shares of the company’s stock worth $21,198,000 after acquiring an additional 14,755 shares during the period. Pacad Investment Ltd. bought a new position in shares of Herbalife LTD. in the second quarter worth $1,283,000. FMR LLC boosted its holdings in shares of Herbalife LTD. by 9.1% in the second quarter. FMR LLC now owns 8,025,946 shares of the company’s stock worth $572,490,000 after acquiring an additional 667,474 shares during the period. CIBC World Markets Inc. bought a new position in shares of Herbalife LTD. in the second quarter worth $4,924,000. Finally, William Blair Investment Management LLC boosted its holdings in shares of Herbalife LTD. by 10.8% in the second quarter. William Blair Investment Management LLC now owns 214,322 shares of the company’s stock worth $15,288,000 after acquiring an additional 20,903 shares during the period.

COPYRIGHT VIOLATION WARNING: “Herbalife LTD. (HLF) Holdings Boosted by Maverick Capital Ltd.” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The original version of this news story can be accessed at https://ledgergazette.com/2017/10/17/maverick-capital-ltd-grows-holdings-in-herbalife-ltd-hlf.html.

A number of equities analysts have recently commented on the company. SunTrust Banks, Inc. set a $67.00 price target on Herbalife LTD. and gave the stock a “hold” rating in a report on Wednesday, August 2nd. Pivotal Research reissued a “buy” rating and set a $120.00 price objective on shares of Herbalife LTD. in a research note on Tuesday, October 3rd. Tigress Financial reissued a “buy” rating on shares of Herbalife LTD. in a research note on Wednesday, August 9th. BidaskClub raised Herbalife LTD. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, Zacks Investment Research lowered Herbalife LTD. from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $83.25.

Herbalife LTD. (HLF) traded down 1.26% on Tuesday, hitting $77.77. The stock had a trading volume of 716,995 shares. Herbalife LTD. has a 52-week low of $47.62 and a 52-week high of $79.64. The firm has a market cap of $7.01 billion, a price-to-earnings ratio of 16.35 and a beta of 1.23. The company’s 50 day moving average price is $69.83 and its 200 day moving average price is $68.17.

Herbalife LTD. (NYSE:HLF) last posted its quarterly earnings results on Tuesday, August 1st. The company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.41. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. Herbalife LTD. had a net margin of 9.28% and a return on equity of 216.82%. Herbalife LTD.’s quarterly revenue was down 4.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.29 earnings per share. Analysts expect that Herbalife LTD. will post $4.71 EPS for the current year.

Herbalife LTD. Profile

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. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.

Institutional Ownership by Quarter for Herbalife LTD. (NYSE:HLF)

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