Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza Purchases 3,000 Shares

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza acquired 3,000 shares of Herbalife stock in a transaction that occurred on Monday, May 6th. The shares were purchased at an average cost of $9.67 per share, with a total value of $29,010.00. Following the completion of the acquisition, the director now owns 73,279 shares of the company’s stock, valued at approximately $708,607.93. The transaction 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 Tuesday, March 26th, Juan Miguel Mendoza purchased 16,079 shares of Herbalife stock. The shares were purchased at an average cost of $9.40 per share, with a total value of $151,142.60.

Herbalife Stock Up 2.4 %

Shares of HLF stock traded up $0.24 during trading hours on Wednesday, hitting $10.31. 3,082,842 shares of the company were exchanged, compared to its average volume of 2,241,804. The firm has a market cap of $1.03 billion, a PE ratio of 7.34 and a beta of 1.24. Herbalife Ltd. has a 1 year low of $6.68 and a 1 year high of $19.48. The firm has a fifty day moving average of $8.87 and a 200 day moving average of $11.46.

Herbalife (NYSE:HLF) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.12. Herbalife had a net margin of 2.70% and a negative return on equity of 19.97%. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period in the prior year, the firm posted $0.54 EPS. The company’s revenue was up 3.8% on a year-over-year basis. Analysts expect that Herbalife Ltd. will post 1.69 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Herbalife by 0.4% in the third quarter. Vanguard Group Inc. now owns 10,561,779 shares of the company’s stock valued at $147,759,000 after buying an additional 43,452 shares during the period. UBS Group AG lifted its position in shares of Herbalife by 5.6% during the third quarter. UBS Group AG now owns 3,989,128 shares of the company’s stock worth $55,808,000 after purchasing an additional 209,949 shares in the last quarter. Bronte Capital Management Pty Ltd. lifted its position in shares of Herbalife by 3.5% during the third quarter. Bronte Capital Management Pty Ltd. now owns 3,121,467 shares of the company’s stock worth $43,669,000 after purchasing an additional 104,567 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Herbalife by 8.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,888,191 shares of the company’s stock worth $28,814,000 after purchasing an additional 145,684 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its position in shares of Herbalife by 7.7% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 1,624,370 shares of the company’s stock worth $24,788,000 after purchasing an additional 116,030 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on HLF. StockNews.com raised shares of Herbalife from a “hold” rating to a “buy” rating in a research note on Friday, February 16th. Mizuho lowered their price objective on shares of Herbalife from $12.00 to $10.00 and set a “neutral” rating on the stock in a research note on Thursday, March 21st. Bank of America lowered their price objective on shares of Herbalife from $10.00 to $8.00 and set an “underperform” rating on the stock in a research note on Thursday, March 21st. Finally, DA Davidson reaffirmed a “neutral” rating and set a $9.50 price target on shares of Herbalife in a research note on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $10.50.

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.