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

Herbalife Ltd. (NYSE:HLF - Get Free Report) Director Juan Miguel Mendoza purchased 5,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The stock was bought at an average price of $8.25 per share, with a total value of $41,250.00. Following the completion of the purchase, the director now owns 132,500 shares of the company's stock, valued at $1,093,125. This trade represents a 3.92 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Tuesday, March 4th, Juan Miguel Mendoza acquired 2,500 shares of Herbalife stock. The stock was bought at an average cost of $8.00 per share, with a total value of $20,000.00.

Herbalife Trading Up 2.2 %

NYSE HLF traded up $0.19 on Friday, hitting $9.01. 1,749,831 shares of the company's stock were exchanged, compared to its average volume of 2,825,730. 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 of $6.61 and a 200-day moving average of $7.22. The stock has a market cap of $911.89 million, a price-to-earnings ratio of 3.64, a P/E/G ratio of 0.29 and a beta of 1.03.

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

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Hedge Funds Weigh In On Herbalife

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Q Global Advisors LLC bought a new stake in shares of Herbalife in the 4th quarter valued at $2,438,000. Mackenzie Financial Corp bought a new stake in Herbalife during the fourth quarter valued at $960,000. Public Employees Retirement System of Ohio grew its holdings in Herbalife by 341.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 149,476 shares of the company's stock worth $1,000,000 after acquiring an additional 115,578 shares during the period. PharVision Advisers LLC bought a new position in shares of Herbalife in the 4th quarter worth about $720,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake 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 purchasing an additional 35,948 shares during the period.

Wall Street Analysts Forecast Growth

Separately, DA Davidson restated a "neutral" rating and issued a $7.50 price target on shares of Herbalife in a research report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $9.90.

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.