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

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza acquired 2,500 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was acquired at an average price of $8.49 per share, for a total transaction of $21,225.00. Following the acquisition, the director now owns 127,500 shares in the company, valued at approximately $1,082,475. The trade was a 2.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, 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 purchased 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 acquired 10,000 shares of Herbalife stock. The stock was purchased at an average cost of $8.72 per share, with a total value of $87,200.00.

Herbalife Trading Down 5.9 %

Shares of HLF opened at $7.72 on Friday. Herbalife Ltd. has a twelve month low of $6.59 and a twelve month high of $15.66. The firm has a market capitalization of $777.59 million, a P/E ratio of 9.08, a PEG ratio of 0.29 and a beta of 1.17. The firm’s 50-day moving average is $7.32 and its two-hundred day moving average is $9.26.

Herbalife (NYSE:HLF) last issued its quarterly earnings data 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 negative return on equity of 18.66% and a net margin of 1.73%. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.23 billion. Analysts predict that Herbalife Ltd. will post 1.51 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on the stock. StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. Citigroup decreased their target price on shares of Herbalife from $16.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, October 25th. DA Davidson lowered their target price on Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Mizuho upped their price objective on shares of Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Finally, B. Riley cut their price target on shares of Herbalife from $17.00 to $12.00 and set a “buy” rating for the company in a report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Herbalife has an average rating of “Hold” and an average target price of $9.90.

Institutional Investors Weigh In On Herbalife

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in shares of Herbalife by 465.3% during the 2nd quarter. GAMMA Investing LLC now owns 3,533 shares of the company’s stock valued at $37,000 after acquiring an additional 2,908 shares in the last quarter. nVerses Capital LLC lifted its stake 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 purchasing an additional 3,600 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Herbalife by 22.9% in 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 during the period. Carolina Wealth Advisors LLC acquired a new stake in shares of Herbalife in the third quarter valued at about $78,000. Finally, Van ECK Associates Corp raised its holdings 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 valued at $90,000 after buying an additional 808 shares during the period.

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.