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Catalyst Capital Advisors LLC Buys Shares of 12,900 Herbalife Nutrition Ltd (NYSE:HLF)

Catalyst Capital Advisors LLC bought a brand new stake in shares of Herbalife Nutrition Ltd (NYSE:HLF) through the fourth quarter, in response to the corporate in its most up-to-date 13F submitting with the Securities and Exchange Commission. The agency bought 12,900 shares of the corporate’s inventory, valued at roughly $760,000.

Several different institutional buyers have additionally added to or lowered their stakes within the firm. First Trust Advisors LP grew its holdings in Herbalife Nutrition by eight.zero% through the fourth quarter. First Trust Advisors LP now owns 212,236 shares of the corporate’s inventory valued at $12,511,000 after buying a further 15,718 shares through the interval. Greenleaf Trust acquired a brand new place in Herbalife Nutrition in the course of the fourth quarter valued at roughly $215,000. Barings LLC grew its holdings in Herbalife Nutrition by 34.four% in the course of the fourth quarter. Barings LLC now owns 51,560 shares of the corporate’s inventory valued at $three,039,000 after buying a further 13,200 shares in the course of the interval. Jennison Associates LLC grew its holdings in Herbalife Nutrition by 106.2% in the course of the fourth quarter. Jennison Associates LLC now owns 22,861 shares of the corporate’s inventory valued at $1,348,000 after buying a further 11,775 shares through the interval. Finally, Mackenzie Financial Corp grew its holdings in Herbalife Nutrition by 175.5% through the fourth quarter. Mackenzie Financial Corp now owns 11,209 shares of the corporate’s inventory valued at $661,000 after buying a further 7,140 shares in the course of the interval. Institutional buyers and hedge funds personal 89.34% of the corporate’s inventory.

Shares of HLF opened at $57.60 on Friday. The firm has a market capitalization of $eight.63 billion, a price-to-earnings ratio of 20.00, a P/E/G ratio of 1.01 and a beta of zero.37. Herbalife Nutrition Ltd has a twelve month low of $47.76 and a twelve month excessive of $61.77.

Herbalife Nutrition (NYSE:HLF) final introduced its quarterly earnings knowledge on Tuesday, February 19th. The firm reported $zero.63 EPS for the quarter, topping the Zacks’ consensus estimate of $zero.61 by $zero.02. The enterprise had income of $1.19 billion for the quarter, in comparison with analyst estimates of $1.19 billion. Herbalife Nutrition had a internet margin of 6.06% and a damaging return on fairness of 67.86%. The agency’s income for the quarter was up eight.5% on a year-over-year foundation. During the identical quarter within the earlier yr, the agency posted $1.29 earnings per share. On common, equities analysis analysts anticipate that Herbalife Nutrition Ltd will publish 2.9 EPS for the present yr.

A quantity of brokerages lately issued reviews on HLF. BMO Capital Markets restated a “neutral” score on shares of Herbalife Nutrition in a report on Thursday, February 28th. Zacks Investment Research reaffirmed a “strong-buy” score and issued a $63.00 worth goal on shares of Herbalife Nutrition in a analysis observe on Tuesday, November 13th. Argus reaffirmed a “buy” score and issued a $72.00 worth goal on shares of Herbalife Nutrition in a analysis observe on Friday, January 4th. Royal Bank of Canada reaffirmed a “hold” score on shares of Herbalife Nutrition in a analysis word on Friday, November ninth. Finally, Jefferies Financial Group reaffirmed a “buy” score and issued a $65.00 worth goal on shares of Herbalife Nutrition in a analysis word on Tuesday, February 26th. Four analysts have rated the inventory with a maintain score and 5 have given a purchase score to the corporate. The inventory presently has a consensus score of “Buy” and a consensus worth goal of $64.50.

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About Herbalife Nutrition

Herbalife Nutrition Ltd. develops and sells nutrition options in North America, Mexico, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. It supplies science-based merchandise within the areas of weight administration; focused nutrition; power, sports activities, and fitness; and outer nutrition.

Read More: Systematic Risk

Institutional Ownership by Quarter for Herbalife Nutrition (NYSE:HLF)

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