Juan Miguel Mendoza Purchases 3,143 Shares of Herbalife Ltd. (NYSE:HLF) Stock

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza purchased 3,143 shares of the stock in a transaction dated Thursday, June 5th. The stock was bought at an average cost of $7.50 per share, with a total value of $23,572.50. Following the transaction, the director now owns 170,000 shares in the company, valued at $1,275,000. The trade was a 1.88% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, May 22nd, Juan Miguel Mendoza purchased 5,000 shares of Herbalife stock. The stock was bought at an average cost of $6.75 per share, with a total value of $33,750.00.
• On Friday, May 2nd, Juan Miguel Mendoza purchased 5,000 shares of Herbalife stock. The stock was bought at an average cost of $6.73 per share, with a total value of $33,650.00.

Herbalife Stock Performance

NYSE HLF opened at $8.29 on Wednesday. Herbalife Ltd. has a one year low of $5.04 and a one year high of $12.79. The stock has a 50-day moving average of $7.11 and a 200 day moving average of $7.17. The company has a market capitalization of $843.90 million, a price-to-earnings ratio of 3.33, a PEG ratio of 0.29 and a beta of 0.86.

Herbalife (NYSE:HLF) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.40 by $0.19. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Herbalife had a negative return on equity of 20.78% and a net margin of 5.09%. Herbalife’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period last year, the company earned $0.49 EPS. On average, equities analysts predict that Herbalife Ltd. will post 1.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on HLF. DA Davidson upgraded Herbalife from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $7.50 to $14.00 in a report on Friday, March 21st. Citigroup reduced their price objective on Herbalife from $13.00 to $11.00 and set a “buy” rating for the company in a report on Thursday, May 1st. Finally, Wall Street Zen upgraded Herbalife from a “hold” rating to a “buy” rating in a report on Friday, May 30th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.50.

Institutional Investors Weigh In On Herbalife

Large investors have recently made changes to their positions in the company. Bryce Point Capital LLC bought a new stake in shares of Herbalife during the 4th quarter valued at about $1,417,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Herbalife during the 4th quarter valued at about $482,000. Johnson Financial Group LLC bought a new stake in shares of Herbalife during the 4th quarter valued at about $221,000. US Bancorp DE bought a new stake in shares of Herbalife during the 4th quarter valued at about $322,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Herbalife by 10.9% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 610,953 shares of the company’s stock valued at $4,087,000 after purchasing an additional 60,158 shares during the period.

About Herbalife

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.