Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza Purchases 2,500 Shares

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza purchased 2,500 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The stock was acquired at an average cost of $7.98 per share, with a total value of $19,950.00. Following the completion of the acquisition, the director now directly owns 122,500 shares of the company’s stock, valued at $977,550. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Juan Miguel Mendoza also recently made the following trade(s):

• On Monday, September 9th, Juan Miguel Mendoza bought 10,000 shares of Herbalife stock. The stock was purchased at an average price of $7.11 per share, for a total transaction of $71,100.00.
• On Monday, August 26th, Juan Miguel Mendoza acquired 10,000 shares of Herbalife stock. The shares were bought at an average price of $8.72 per share, for a total transaction of $87,200.00.

Herbalife Price Performance

Shares of NYSE HLF opened at $8.21 on Wednesday. The stock’s fifty day moving average price is $7.30 and its two-hundred day moving average price is $9.29. Herbalife Ltd. has a one year low of $6.59 and a one year high of $15.66. The firm has a market cap of $826.98 million, a price-to-earnings ratio of 9.65, a P/E/G ratio of 0.27 and a beta of 1.17.

Herbalife (NYSE:HLF) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.38. Herbalife had a negative return on equity of 18.66% and a net margin of 1.73%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.23 billion. On average, equities analysts anticipate that Herbalife Ltd. will post 1.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on HLF shares. 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. Mizuho upped their price objective on Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. B. Riley dropped their price objective on Herbalife from $17.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. DA Davidson decreased their target price on Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Finally, StockNews.com raised Herbalife from a “hold” rating to a “buy” rating in a report on Monday. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $10.42.

Institutional Trading of Herbalife

Several large investors have recently modified their holdings of HLF. Van ECK Associates Corp lifted its position in shares of Herbalife by 10.3% during the 2nd quarter. Van ECK Associates Corp now owns 8,684 shares of the company’s stock worth $90,000 after buying an additional 808 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in Herbalife by 22.9% in the first quarter. Public Employees Retirement System of Ohio now owns 5,558 shares of the company’s stock valued at $56,000 after purchasing an additional 1,035 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in Herbalife by 3.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 41,678 shares of the company’s stock valued at $433,000 after purchasing an additional 1,399 shares during the last quarter. ProShare Advisors LLC raised its position in Herbalife by 8.6% in the first quarter. ProShare Advisors LLC now owns 17,767 shares of the company’s stock valued at $179,000 after purchasing an additional 1,400 shares during the last quarter. Finally, SummerHaven Investment Management LLC raised its position in Herbalife by 2.6% in the second quarter. SummerHaven Investment Management LLC now owns 58,409 shares of the company’s stock valued at $607,000 after purchasing an additional 1,465 shares during the last quarter.

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.