Range Financial Group LLC Has $285,000 Stock Holdings in Herbalife Ltd $HLF

Range Financial Group LLC lowered its position in shares of Herbalife Ltd (NYSE:HLF) by 81.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,712 shares of the company’s stock after selling 151,429 shares during the quarter. Range Financial Group LLC’s holdings in Herbalife were worth $285,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in HLF. CWM LLC lifted its position in shares of Herbalife by 36.7% in the third quarter. CWM LLC now owns 22,881 shares of the company’s stock worth $193,000 after purchasing an additional 6,147 shares in the last quarter. Inspire Investing LLC lifted its position in Herbalife by 17.6% during the 3rd quarter. Inspire Investing LLC now owns 53,180 shares of the company’s stock worth $449,000 after buying an additional 7,942 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of Herbalife by 44.3% during the 3rd quarter. Exchange Traded Concepts LLC now owns 74,364 shares of the company’s stock worth $628,000 after buying an additional 22,820 shares during the last quarter. CHICAGO TRUST Co NA bought a new position in shares of Herbalife in the 3rd quarter valued at about $100,000. Finally, GAMMA Investing LLC increased its position in shares of Herbalife by 115.6% in the third quarter. GAMMA Investing LLC now owns 7,024 shares of the company’s stock valued at $59,000 after acquiring an additional 3,766 shares during the last quarter.

Insider Buying and Selling

In other news, Director Lynda Cloud acquired 17,000 shares of the stock in a transaction on Tuesday, November 18th. The shares were purchased at an average price of $8.97 per share, for a total transaction of $152,490.00. Following the transaction, the director directly owned 38,857 shares of the company’s stock, valued at approximately $348,547.29. This represents a 77.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders acquired 18,200 shares of company stock valued at $167,938. Corporate insiders own 1.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Herbalife in a report on Wednesday, October 8th. Citigroup reissued a “buy” rating and issued a $17.00 price objective (up previously from $11.00) on shares of Herbalife in a report on Friday, December 12th. Mizuho boosted their target price on shares of Herbalife from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Argus set a $15.00 price target on shares of Herbalife in a research report on Wednesday, November 26th. Finally, Wall Street Zen upgraded Herbalife from a “hold” rating to a “buy” rating in a research note on Friday, November 28th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $14.25.

Herbalife Stock Performance

Shares of HLF stock opened at $12.86 on Wednesday. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 4.11 and a beta of 0.82. Herbalife Ltd has a 52 week low of $5.04 and a 52 week high of $15.17. The company has a 50-day simple moving average of $11.22 and a 200 day simple moving average of $9.90.

Herbalife (NYSE:HLF) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.04. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Herbalife had a negative return on equity of 29.84% and a net margin of 6.47%.The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.57 earnings per share. Sell-side analysts forecast that Herbalife Ltd will post 1.57 EPS for the current year.

Herbalife Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.