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

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza acquired 2,500 shares of Herbalife stock in a transaction on Tuesday, March 4th. The shares were bought at an average cost of $8.00 per share, with a total value of $20,000.00. Following the completion of the purchase, the director now owns 135,000 shares in the company, valued at $1,080,000. The trade was a 1.89 % increase in their ownership of the stock. The purchase 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 Thursday, February 27th, Juan Miguel Mendoza acquired 5,000 shares of Herbalife stock. The shares were bought at an average cost of $8.25 per share, with a total value of $41,250.00.

Herbalife Trading Up 0.4 %

Shares of HLF stock opened at $8.86 on Friday. The company has a market cap of $896.10 million, a price-to-earnings ratio of 3.56, a price-to-earnings-growth ratio of 0.29 and a beta of 1.03. The stock has a 50 day simple moving average of $6.65 and a 200-day simple moving average of $7.22. Herbalife Ltd. has a 12-month low of $5.04 and a 12-month high of $12.79.

Herbalife (NYSE:HLF) last issued its earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.28. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Herbalife had a negative return on equity of 20.78% and a net margin of 5.09%. On average, equities analysts forecast that Herbalife Ltd. will post 1.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, DA Davidson reaffirmed a “neutral” rating and set a $7.50 price objective on shares of Herbalife in a research note on Thursday, February 20th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $9.90.

Hedge Funds Weigh In On Herbalife

A number of large investors have recently modified their holdings of the business. Quadrant Capital Group LLC grew its holdings in shares of Herbalife by 641.5% in the 4th quarter. Quadrant Capital Group LLC now owns 4,293 shares of the company’s stock worth $29,000 after acquiring an additional 3,714 shares during the period. R Squared Ltd acquired a new stake in shares of Herbalife in the 4th quarter worth approximately $63,000. Van ECK Associates Corp grew its holdings in shares of Herbalife by 110.4% in the 4th quarter. Van ECK Associates Corp now owns 10,526 shares of the company’s stock worth $70,000 after acquiring an additional 5,524 shares during the period. Bridgefront Capital LLC acquired a new stake in shares of Herbalife in the 4th quarter worth approximately $71,000. Finally, Headlands Technologies LLC grew its holdings in shares of Herbalife by 12,307.6% in the 4th quarter. Headlands Technologies LLC now owns 11,415 shares of the company’s stock worth $76,000 after acquiring an additional 11,323 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.