Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza Buys 5,000 Shares

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza bought 5,000 shares of the stock in a transaction on Thursday, February 27th. The stock was acquired at an average price of $8.25 per share, with a total value of $41,250.00. Following the completion of the acquisition, the director now owns 132,500 shares of the company’s stock, valued at $1,093,125. This represents a 3.92 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Herbalife Stock Performance

Shares of Herbalife stock opened at $8.11 on Tuesday. Herbalife Ltd. has a 52 week low of $5.04 and a 52 week high of $12.79. The stock has a 50 day moving average price of $6.48 and a two-hundred day moving average price of $7.20. The stock has a market capitalization of $820.71 million, a PE ratio of 3.26, a price-to-earnings-growth ratio of 0.29 and a beta of 1.15.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on HLF shares. StockNews.com upgraded Herbalife from a “hold” rating to a “buy” rating in a report on Monday, November 4th. DA Davidson reiterated a “neutral” rating and issued a $7.50 target price on shares of Herbalife in a report 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 company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $9.90.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of HLF. Harbor Capital Advisors Inc. boosted its position in shares of Herbalife by 139.4% during the third quarter. Harbor Capital Advisors Inc. now owns 38,020 shares of the company’s stock valued at $273,000 after buying an additional 22,138 shares during the last quarter. Prospera Financial Services Inc purchased a new position in shares of Herbalife during the third quarter valued at approximately $154,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Herbalife by 31.1% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 550,795 shares of the company’s stock valued at $3,960,000 after buying an additional 130,818 shares during the last quarter. Intech Investment Management LLC purchased a new position in shares of Herbalife during the third quarter valued at approximately $199,000. Finally, Thompson Siegel & Walmsley LLC boosted its position in shares of Herbalife by 13.1% during the third quarter. Thompson Siegel & Walmsley LLC now owns 486,409 shares of the company’s stock valued at $3,497,000 after buying an additional 56,499 shares during the last quarter.

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.