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

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza acquired 2,500 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were bought at an average price of $8.49 per share, for a total transaction of $21,225.00. Following the transaction, the director now owns 127,500 shares of the company’s stock, valued at $1,082,475. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Monday, November 4th, Juan Miguel Mendoza bought 2,500 shares of Herbalife stock. The stock was bought at an average cost of $7.98 per share, with a total value of $19,950.00.
• On Monday, September 9th, Juan Miguel Mendoza purchased 10,000 shares of Herbalife stock. The shares were purchased at an average cost of $7.11 per share, for a total transaction of $71,100.00.
• On Monday, August 26th, Juan Miguel Mendoza purchased 10,000 shares of Herbalife stock. The stock was purchased at an average price of $8.72 per share, for a total transaction of $87,200.00.

Herbalife Price Performance

HLF stock opened at $8.20 on Thursday. The business’s 50-day moving average price is $7.32 and its 200-day moving average price is $9.26. The stock has a market cap of $826.48 million, a P/E ratio of 9.65, a PEG ratio of 0.29 and a beta of 1.17. Herbalife Ltd. has a twelve month low of $6.59 and a twelve month high of $15.66.

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on HLF. DA Davidson lowered 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. B. Riley lowered their price objective on shares of Herbalife from $17.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Mizuho boosted their target price 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. Citigroup reduced their target price on shares of Herbalife from $16.00 to $13.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $9.90.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Herbalife by 72.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 168,209 shares of the company’s stock valued at $1,209,000 after acquiring an additional 70,498 shares in the last quarter. Townsquare Capital LLC purchased a new position in Herbalife in the 3rd quarter worth approximately $237,000. BNP Paribas Financial Markets lifted its holdings in Herbalife by 52.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 67,913 shares of the company’s stock worth $488,000 after purchasing an additional 23,296 shares in the last quarter. Pekin Hardy Strauss Inc. boosted its stake in Herbalife by 45.5% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 496,360 shares of the company’s stock worth $3,569,000 after purchasing an additional 155,157 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Herbalife by 6.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,479,957 shares of the company’s stock valued at $17,831,000 after buying an additional 160,792 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.