Herbalife Ltd. (NYSE:HLF) Director Buys $41,250.00 in Stock

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza acquired 5,000 shares of the business’s stock in a transaction on Thursday, February 27th. The stock was acquired at an average cost of $8.25 per share, for a total transaction of $41,250.00. Following the transaction, the director now owns 132,500 shares of the company’s stock, valued at approximately $1,093,125. The trade was a 3.92 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Herbalife Price Performance

Shares of HLF opened at $8.11 on Tuesday. The firm has a market cap of $820.71 million, a PE ratio of 3.26, a PEG ratio of 0.29 and a beta of 1.15. The stock’s fifty day moving average price is $6.48 and its two-hundred day moving average price is $7.20. Herbalife Ltd. has a 1 year low of $5.04 and a 1 year high of $12.79.

Herbalife (NYSE:HLF) last issued its earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.28. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. Herbalife had a negative return on equity of 20.78% and a net margin of 5.09%. Sell-side analysts anticipate that Herbalife Ltd. will post 1.57 earnings per share for the current fiscal year.

Institutional Trading of Herbalife

Several hedge funds have recently made changes to their positions in HLF. Quadrant Capital Group LLC raised its stake in shares of Herbalife by 641.5% during the 4th quarter. Quadrant Capital Group LLC now owns 4,293 shares of the company’s stock valued at $29,000 after purchasing an additional 3,714 shares during the period. R Squared Ltd bought a new stake in shares of Herbalife during the 4th quarter valued at $63,000. Van ECK Associates Corp raised its stake in shares of Herbalife by 110.4% during the 4th quarter. Van ECK Associates Corp now owns 10,526 shares of the company’s stock valued at $70,000 after purchasing an additional 5,524 shares during the period. Bridgefront Capital LLC bought a new stake in shares of Herbalife during the 4th quarter valued at $71,000. Finally, Headlands Technologies LLC raised its stake in shares of Herbalife by 12,307.6% during the 4th quarter. Headlands Technologies LLC now owns 11,415 shares of the company’s stock valued at $76,000 after purchasing an additional 11,323 shares during the period.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HLF. DA Davidson reissued a “neutral” rating and issued a $7.50 price objective on shares of Herbalife in a research report on Thursday, February 20th. StockNews.com raised Herbalife from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Herbalife has a consensus rating of “Hold” and a consensus price target of $9.90.

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.