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

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza purchased 2,500 shares of Herbalife stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost of $8.00 per share, for a total transaction of $20,000.00. Following the completion of the purchase, the director now directly owns 135,000 shares in the company, valued at approximately $1,080,000. This trade represents a 1.89 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Thursday, February 27th, Juan Miguel Mendoza purchased 5,000 shares of Herbalife stock. The stock was bought at an average cost of $8.25 per share, for a total transaction of $41,250.00.

Herbalife Stock Up 0.4 %

Shares of HLF opened at $8.86 on Friday. Herbalife Ltd. has a fifty-two week low of $5.04 and a fifty-two week high of $12.79. The firm’s 50 day moving average price is $6.65 and its 200 day moving average price is $7.22. The company has a market cap of $896.10 million, a P/E ratio of 3.56, a PEG ratio of 0.29 and a beta of 1.03.

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

Institutional Investors Weigh In On Herbalife

A number of large investors have recently modified their holdings of HLF. Q Global Advisors LLC acquired a new position in shares of Herbalife in the 4th quarter valued at $2,438,000. Mackenzie Financial Corp acquired a new position in shares of Herbalife in the 4th quarter valued at $960,000. Public Employees Retirement System of Ohio boosted its holdings in shares of Herbalife by 341.0% in the 4th quarter. Public Employees Retirement System of Ohio now owns 149,476 shares of the company’s stock valued at $1,000,000 after buying an additional 115,578 shares in the last quarter. PharVision Advisers LLC acquired a new position in shares of Herbalife in the 4th quarter valued at $720,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Herbalife by 21.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 204,157 shares of the company’s stock valued at $1,366,000 after buying an additional 35,948 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, DA Davidson reissued a “neutral” rating and issued a $7.50 price target on shares of Herbalife in a research note on Thursday, February 20th. 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 company. According to MarketBeat.com, Herbalife currently has an average rating of “Hold” and an average 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.