Herbalife Ltd. (NYSE:HLF) Director Buys $21,225.00 in Stock

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza acquired 2,500 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was acquired at an average cost of $8.49 per share, with a total value of $21,225.00. Following the completion of the acquisition, the director now directly owns 127,500 shares in the company, valued at approximately $1,082,475. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed 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 purchased 2,500 shares of Herbalife stock. The stock was acquired at an average cost of $7.98 per share, with a total value of $19,950.00.
• On Monday, September 9th, Juan Miguel Mendoza acquired 10,000 shares of Herbalife stock. The shares were bought at an average price 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 bought at an average price of $8.72 per share, with a total value of $87,200.00.

Herbalife Price Performance

Shares of NYSE:HLF remained flat at $8.20 during midday trading on Wednesday. The company had a trading volume of 2,872,910 shares, compared to its average volume of 2,131,713. The company has a market cap of $826.48 million, a P/E ratio of 9.68, 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. The stock’s 50-day moving average is $7.32 and its two-hundred day moving average is $9.28.

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

Institutional Trading of Herbalife

A number of institutional investors have recently added to or reduced their stakes in the business. Van ECK Associates Corp raised its holdings in Herbalife by 10.3% during the second 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 in the last quarter. Public Employees Retirement System of Ohio grew its holdings in Herbalife by 22.9% during the first quarter. Public Employees Retirement System of Ohio now owns 5,558 shares of the company’s stock valued at $56,000 after purchasing an additional 1,035 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Herbalife by 3.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 41,678 shares of the company’s stock valued at $433,000 after purchasing an additional 1,399 shares during the period. ProShare Advisors LLC lifted its stake in shares of Herbalife by 8.6% in the first quarter. ProShare Advisors LLC now owns 17,767 shares of the company’s stock worth $179,000 after buying an additional 1,400 shares during the last quarter. Finally, SummerHaven Investment Management LLC boosted its holdings in shares of Herbalife by 2.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 58,409 shares of the company’s stock worth $607,000 after buying an additional 1,465 shares during the period.

Analysts Set New Price Targets

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

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.