Herbalife Ltd. (NYSE:HLF) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets reduced its holdings in Herbalife Ltd. (NYSE:HLF - Free Report) by 53.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,305 shares of the company's stock after selling 36,608 shares during the quarter. BNP Paribas Financial Markets' holdings in Herbalife were worth $209,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC lifted its stake 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 worth $126,000 after acquiring an additional 8,591 shares in the last quarter. Exchange Traded Concepts LLC raised its position in Herbalife by 3.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 44,790 shares of the company's stock valued at $300,000 after buying an additional 1,636 shares during the period. R Squared Ltd acquired a new position in Herbalife in the 4th quarter worth about $63,000. Iridian Asset Management LLC CT increased its position in Herbalife by 12.5% in the 4th quarter. Iridian Asset Management LLC CT now owns 2,507,740 shares of the company's stock worth $16,777,000 after purchasing an additional 279,547 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of Herbalife during the 4th quarter worth about $179,000.

Analysts Set New Price Targets

A number of analysts have commented on HLF shares. Wall Street Zen upgraded Herbalife from a "hold" rating to a "buy" rating in a research report on Friday. Citigroup lowered their target price on Herbalife from $13.00 to $11.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Finally, DA Davidson raised Herbalife from a "neutral" rating to a "buy" rating and lifted their target price for the company from $7.50 to $14.00 in a research note on Friday, March 21st. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Herbalife has an average rating of "Moderate Buy" and an average price target of $11.50.

Insider Transactions at Herbalife

In related news, Director Juan Miguel Mendoza acquired 5,000 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was bought at an average cost of $6.73 per share, for a total transaction of $33,650.00. Following the purchase, the director now owns 140,000 shares in the company, valued at $942,200. The trade was a 3.70% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders have bought 12,500 shares of company stock worth $87,400. Insiders own 1.73% of the company's stock.

Herbalife Trading Down 1.1%

HLF stock traded down $0.09 during mid-day trading on Friday, hitting $7.83. The stock had a trading volume of 1,618,451 shares, compared to its average volume of 2,247,248. Herbalife Ltd. has a 52 week low of $5.04 and a 52 week high of $12.79. The firm has a market capitalization of $797.46 million, a P/E ratio of 3.14, a P/E/G ratio of 0.29 and a beta of 0.88. The firm has a fifty day simple moving average of $7.22 and a 200 day simple moving average of $7.18.

Herbalife (NYSE:HLF - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.19. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. The company's revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.49 EPS. As a group, equities analysts expect that Herbalife Ltd. will post 1.57 earnings per share for the current fiscal year.

Herbalife Company Profile

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.