Juan Miguel Mendoza Buys 2,500 Shares of Herbalife Ltd. (NYSE:HLF) Stock

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza purchased 2,500 shares of the firm’s stock in a transaction on Monday, November 4th. The shares were purchased at an average price 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 approximately $977,550. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

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

Herbalife Stock Up 3.4 %

NYSE:HLF opened at $8.47 on Thursday. Herbalife Ltd. has a 12-month low of $6.59 and a 12-month high of $15.66. The firm has a market capitalization of $853.19 million, a PE ratio of 9.96, a price-to-earnings-growth ratio of 0.29 and a beta of 1.17. The firm has a 50-day moving average price of $7.30 and a 200 day moving average price of $9.29.

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

Wall Street Analyst Weigh In

HLF has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a report on Monday. Mizuho upped their price objective on shares of Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. B. Riley cut 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. Citigroup cut their price objective on shares of Herbalife from $16.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Finally, DA Davidson cut their price objective on shares of Herbalife from $13.00 to $7.50 and set a “neutral” rating for the company in a research report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $10.42.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HLF. GAMMA Investing LLC raised its position in Herbalife by 465.3% in the second quarter. GAMMA Investing LLC now owns 3,533 shares of the company’s stock worth $37,000 after purchasing an additional 2,908 shares in the last quarter. nVerses Capital LLC increased its holdings in shares of Herbalife by 240.0% during the second quarter. nVerses Capital LLC now owns 5,100 shares of the company’s stock worth $53,000 after buying an additional 3,600 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Herbalife by 22.9% during the first quarter. Public Employees Retirement System of Ohio now owns 5,558 shares of the company’s stock worth $56,000 after buying an additional 1,035 shares in the last quarter. Carolina Wealth Advisors LLC acquired a new stake in shares of Herbalife during the third quarter worth approximately $78,000. Finally, Van ECK Associates Corp increased its holdings in shares of Herbalife by 10.3% during the second quarter. Van ECK Associates Corp now owns 8,684 shares of the company’s stock worth $90,000 after buying an additional 808 shares in 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.