Published: Thu, March 15, 2018
Business | By Tara Barton

Herbalife (HLF) Sets New 12-Month High at $99.83


The hedge fund run by Alexander Medina Seaver held 1.25M shares of the technology company at the end of 2017Q3, valued at $36.94 million, down from 1.37M at the end of the previous reported quarter. Wasatch Advisors Inc who had been investing in Herbalife Ltd. for a number of months, seems to be less bullish one the $8.18B market cap company. The stock decreased 0.33% or $0.33 during the last trading session, reaching $99.66. About 20,759 shares traded.

Herbalife (NYSE:HLF) last released its quarterly earnings data on Thursday, February 22nd. It has outperformed by 3.95% the S&P500. The Minnesota-based Sit Investment Associates Inc has invested 0.09% in the stock. Opera Trading Capital acquired a new stake in shares of Herbalife during the 3rd quarter valued at $185,000.

The stock increased 1.90% or $0.0056 during the last trading session, reaching $0.3005. 805,508 shares of the company's stock traded hands, compared to its average volume of 1,404,984. GameStop Corp. (NYSE:GME) has declined 15.17% since March 14, 2017 and is downtrending. It has underperformed by 37.14% the S&P500.

Investors sentiment decreased to 1.24 in 2017 Q3. Its down 0.10, from 0.89 in 2017Q2. It increased, as 46 investors sold CCI shares while 172 reduced holdings. 35 funds opened positions while 93 raised stakes.

More notable recent Herbalife Ltd. (NYSE:HLF) news were published by: Reuters.com which released: "Herbalife unveils stock split, name change; shares hit record" on February 28, 2018, also Seekingalpha.com with their article: "Icahn talks Herbalife, Newell Brands" published on March 01, 2018, Marketwatch.com published: "All the times Ackman's $1 billion bet against Herbalife should have been unwound" on February 28, 2018. Paloma has 9,851 shares. (NYSE:REIT). Trustmark Bankshares Department has invested 0.06% in Crown Castle International Corp.

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Jeffrey Altman decreased its stake in Herbalife Ltd (HLF) by 67.14% based on its latest 2017Q3 regulatory filing with the SEC. (NYSE:GME) or 855,428 shares. Sg Americas Secs Lc invested in 0.02% or 29,886 shares. Investors tend to take a closer look at shares when analysts provide update to price targets. 137,720 were accumulated by Bb&T Corporation. Ameritas Invest Prtnrs invested in 2,256 shares. (NYSE:GME) for 600 shares. It also increased its holding in Brocade Communications Sys I (NASDAQ:BRCD) by 147,769 shares in the quarter, for a total of 285,528 shares, and has risen its stake in Monsanto Co New (NYSE:MON). 138,755 were accumulated by Edgemoor Advsrs Inc. Quinn Opportunity Ptnrs Limited Co, New York-based fund reported 25,000 shares. Federated Invsts Pa has 0% invested in Herbalife Ltd. (NYSE:HLF) for 1,469 shares.

Owl Creek Asset Management Lp, which manages about $6.06 billion and $1.80 billion US Long portfolio, upped its stake in Cobalt Intl Energy Inc by 526,534 shares to 945,600 shares, valued at $1.35M in 2017Q3, according to the filing. The Manufacturers Life Insurance Company now owns 2,821 shares of the company's stock worth $201,000 after purchasing an additional 189 shares during the period. (NYSE:REIT) rating on Friday, May 26. Citigroup maintained the stock with "Neutral" rating in Friday, September 16 report. Herbalife has an average rating of "Buy" and a consensus price target of $104.60. Highline Capital Mngmt LP has 4.23% invested in Crown Castle International Corp. The firm has "Outperform" rating by Wells Fargo given on Monday, October 23.

Since December 18, 2017, it had 0 buys, and 1 insider sale for $304,160 activity.

Investors sentiment decreased to 0.79 in 2017 Q3. Its down 0.11, from 1.18 in 2017Q2.

Several large investors have recently modified their holdings of HLF. 72 funds opened positions while 272 raised stakes. Serengeti Asset Mgmt LP owns 400,000 shares or 4.65% of their United States portfolio. Jpmorgan Chase And holds 61,064 shares. Fdx Advisors has invested 0.01% in Herbalife Ltd. (NYSE:HLF). Benjamin F Edwards Com holds 0% of its portfolio in Herbalife Ltd. (NYSE:HLF) for 200 shares. Lyon Street Cap Llc holds 3.52% or 134,532 shares. Serengeti Asset Mngmt LP holds 4.65% of its portfolio in Herbalife Ltd. (NYSE:HLF) for 400,000 shares. Dreman Value L L C invested 0% of its portfolio in Herbalife Ltd. (NYSE:HLF). Ig Mgmt accumulated 7,837 shares. Gamco Et Al holds 23,985 shares or 0.01% of its portfolio. Advsr Asset Management Inc invested in 204,424 shares or 0.34% of the stock. Goldman Sachs Group Inc Inc owns 2.22M shares or 0.04% of their U.S. portfolio. Zacks Investment Research upgraded shares of Herbalife from a "strong sell" rating to a "hold" rating in a research report on Wednesday, January 3rd. Therefore 65% are positive. Herbalife had 24 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Wednesday, November 4 by Pivotal Research. (NYSE:GME). Teachers Retirement Systems Of The State Of Kentucky owns 22,700 shares or 0.01% of their USA portfolio. Robert W. Baird has "Hold" rating and $30.0 target. As per Thursday, August 3, the company rating was maintained by Tigress Financial. The stock of Herbalife Ltd. (NYSE:HLF) earned "Buy" rating by Pivotal Research on Friday, May 5. Pivotal Research has "Buy" rating and $90 target. The rating was initiated by Sterne Agee CRT on Tuesday, July 21 with "Neutral". The firm has "Buy" rating given on Monday, August 31 by Vetr. The stock of Herbalife Ltd. (NYSE:HLF) has "Overweight" rating given on Tuesday, August 4 by Barclays Capital.

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