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

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza purchased 2,500 shares of the stock in a transaction on Friday, November 8th. The stock was acquired at an average cost of $8.49 per share, for a total transaction of $21,225.00. Following the acquisition, the director now directly owns 127,500 shares in the company, valued at approximately $1,082,475. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 acquired at an average cost of $7.98 per share, for a total transaction of $19,950.00.
• On Monday, September 9th, Juan Miguel Mendoza acquired 10,000 shares of Herbalife stock. The stock was 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 bought 10,000 shares of Herbalife stock. The shares were bought at an average price of $8.72 per share, with a total value of $87,200.00.

Herbalife Stock Performance

HLF stock 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. Herbalife Ltd. has a 1 year low of $6.59 and a 1 year high of $15.66. The company has a market capitalization of $826.48 million, a price-to-earnings ratio of 9.68, a price-to-earnings-growth ratio of 0.29 and a beta of 1.17. The business’s fifty day moving average price is $7.32 and its two-hundred day moving average price is $9.28.

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

Analyst Upgrades and Downgrades

HLF has been the topic of several analyst reports. StockNews.com raised shares of Herbalife from a “hold” rating to a “buy” rating in a report on Monday, November 4th. B. Riley reduced 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. DA Davidson dropped their price target on Herbalife from $13.00 to $7.50 and set a “neutral” rating for the company in a report on Thursday, October 31st. Mizuho boosted their price objective on Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. Finally, Citigroup lowered their target price 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 assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Herbalife presently has an average rating of “Hold” and an average price target of $9.90.

Institutional Investors Weigh In On Herbalife

A number of institutional investors have recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Herbalife by 13.1% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 57,182 shares of the company’s stock worth $575,000 after buying an additional 6,607 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Herbalife by 24.5% during the 1st quarter. BNP Paribas Financial Markets now owns 100,790 shares of the company’s stock worth $1,013,000 after acquiring an additional 19,862 shares during the last quarter. Sei Investments Co. grew its holdings in Herbalife by 2.8% during the first quarter. Sei Investments Co. now owns 278,932 shares of the company’s stock valued at $2,803,000 after purchasing an additional 7,635 shares during the period. Inspire Investing LLC raised its holdings in Herbalife by 42.8% in the first quarter. Inspire Investing LLC now owns 35,847 shares of the company’s stock worth $360,000 after purchasing an additional 10,746 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of Herbalife by 5,249.2% during the first quarter. Russell Investments Group Ltd. now owns 138,599 shares of the company’s stock worth $1,390,000 after purchasing an additional 136,008 shares in the last quarter.

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.