Herbalife (NYSE:HLF) Shares Down 6.4% – Should You Sell?

Herbalife Ltd (NYSE:HLF) fell 6.4% during trading on Tuesday . The stock traded as low as $12.38 and last traded at $12.26. 648,604 shares traded hands during trading, a decline of 58% from the average daily volume of 1,561,391 shares. The stock had previously closed at $13.10.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on HLF shares. Mizuho set a $17.00 price target on shares of Herbalife in a report on Monday, May 4th. Weiss Ratings upgraded shares of Herbalife from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 15th. Royal Bank Of Canada dropped their target price on shares of Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a report on Tuesday, April 28th. Wall Street Zen upgraded shares of Herbalife from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Finally, Zacks Research lowered Herbalife from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $17.80.

Herbalife Stock Up 2.2%

The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 5.48, a price-to-earnings-growth ratio of 0.67 and a beta of 0.86. The business has a 50 day moving average of $12.46 and a 200 day moving average of $14.76.

Herbalife (NYSE:HLF) last announced its earnings results on Wednesday, May 6th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. Herbalife had a net margin of 4.67% and a negative return on equity of 41.47%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the previous year, the company posted $0.59 EPS. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. Research analysts predict that Herbalife Ltd will post 2.68 earnings per share for the current year.

Insider Buying and Selling

In other Herbalife news, insider Frank Lamberti sold 134,982 shares of Herbalife stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $13.50, for a total value of $1,822,257.00. Following the completion of the sale, the insider directly owned 36,624 shares of the company’s stock, valued at approximately $494,424. The trade was a 78.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Troy Hicks sold 38,377 shares of Herbalife stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $12.93, for a total transaction of $496,214.61. Following the completion of the sale, the chief operating officer directly owned 9,062 shares of the company’s stock, valued at $117,171.66. The trade was a 80.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 191,296 shares of company stock valued at $2,551,678. Company insiders own 5.13% of the company’s stock.

Institutional Investors Weigh In On Herbalife

Hedge funds have recently made changes to their positions in the business. Landscape Capital Management L.L.C. acquired a new stake in Herbalife during the fourth quarter worth about $1,795,000. Inspire Investing LLC raised its holdings in shares of Herbalife by 291.2% in the 1st quarter. Inspire Investing LLC now owns 141,277 shares of the company’s stock worth $2,080,000 after purchasing an additional 105,160 shares during the period. Evoke Wealth LLC acquired a new position in shares of Herbalife in the 4th quarter valued at about $2,636,000. Invenomic Capital Management LP lifted its stake in shares of Herbalife by 82.6% in the 4th quarter. Invenomic Capital Management LP now owns 768,031 shares of the company’s stock valued at $9,900,000 after purchasing an additional 347,401 shares in the last quarter. Finally, Johnson Financial Group LLC grew its holdings in shares of Herbalife by 1,156.1% during the 4th quarter. Johnson Financial Group LLC now owns 414,500 shares of the company’s stock worth $5,343,000 after purchasing an additional 381,500 shares during the period.

Herbalife Company 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.