MFA Wealth Advisors LLC Has $276,000 Stake in Herbalife Ltd. (NYSE:HLF)

MFA Wealth Advisors LLC increased its stake in Herbalife Ltd. (NYSE:HLF) by 17.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,315 shares of the company’s stock after purchasing an additional 6,287 shares during the period. MFA Wealth Advisors LLC’s holdings in Herbalife were worth $276,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in Herbalife during the fourth quarter worth $63,000. Carolina Wealth Advisors LLC acquired a new position in shares of Herbalife during the 3rd quarter worth about $78,000. Range Financial Group LLC bought a new position in shares of Herbalife in the 4th quarter valued at about $124,000. SG Americas Securities LLC increased its position in shares of Herbalife by 83.5% in the fourth quarter. SG Americas Securities LLC now owns 18,884 shares of the company’s stock valued at $126,000 after acquiring an additional 8,591 shares during the last quarter. Finally, Prospera Financial Services Inc bought a new stake in Herbalife during the third quarter worth about $154,000.

Analyst Ratings Changes

A number of research firms have weighed in on HLF. DA Davidson decreased their price target on Herbalife from $13.00 to $7.50 and set a “neutral” rating for the company in a research note on Thursday, October 31st. B. Riley decreased their price objective on shares of Herbalife from $17.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Mizuho upped their target price on shares of Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, November 1st. StockNews.com upgraded Herbalife from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Finally, Citigroup dropped their price objective on Herbalife from $16.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $9.90.

Herbalife Price Performance

HLF stock opened at $5.36 on Monday. Herbalife Ltd. has a fifty-two week low of $5.18 and a fifty-two week high of $12.81. The stock has a market capitalization of $539.73 million, a price-to-earnings ratio of 6.30, a PEG ratio of 0.18 and a beta of 1.15. The business’s fifty day moving average price is $6.66 and its two-hundred day moving average price is $7.59.

About Herbalife

Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.