Hudson Bay Capital Management Lp buys $10,674,920 stake in Herbalife Ltd. (HLF)

Herbalife Ltd. (HLF) : Hudson Bay Capital Management Lp scooped up 134,711 additional shares in Herbalife Ltd. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 164,711 shares of Herbalife Ltd. which is valued at $10,674,920.Herbalife Ltd. makes up approximately 1.04% of Hudson Bay Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Blackrock Investment Management boosted its stake in HLF in the latest quarter, The investment management firm added 1,563 additional shares and now holds a total of 28,856 shares of Herbalife Ltd. which is valued at $1,870,157.Glenmede Trust Co Na boosted its stake in HLF in the latest quarter, The investment management firm added 26 additional shares and now holds a total of 126 shares of Herbalife Ltd. which is valued at $8,453.Gsa Capital Partners Llp boosted its stake in HLF in the latest quarter, The investment management firm added 13,679 additional shares and now holds a total of 56,821 shares of Herbalife Ltd. which is valued at $3,812,121. Herbalife Ltd. makes up approx 0.20% of Gsa Capital Partners Llp’s portfolio.Swiss National Bank boosted its stake in HLF in the latest quarter, The investment management firm added 700 additional shares and now holds a total of 115,636 shares of Herbalife Ltd. which is valued at $7,752,237. Herbalife Ltd. makes up approx 0.01% of Swiss National Bank’s portfolio.

Herbalife Ltd. closed down -0.74 points or -1.16% at $63.31 with 8,83,323 shares getting traded on Friday. Post opening the session at $63.73, the shares hit an intraday low of $63.13 and an intraday high of $64.09 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Herbalife Ltd. reported $1.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $1.21. The company had revenue of $1201.80 million for the quarter, compared to analysts expectations of $1189.45 million. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.24 EPS.

Herbalife Ltd. is a holding company. The Company is a global nutrition company that develops and sells weight management healthy meals and snacks sports and fitness energy and targeted nutritional products as well as personal care products. The Company’s products are often sold as part of a program. The Company categorizes its products into five groups: weight management which includes meal replacement protein shakes drink mixes weight loss enhancers and healthy snacks; targeted nutrition dietary and nutritional supplements containing quality herbs vitamins minerals and other natural ingredients; energy sports & fitness consists of products that support a healthy active lifestyle; outer nutrition consists of facial skin care body care and hair care products and literature promotional and other includes Start-up kits sales tools and educational materials. As of December 31 2014 the Company sold its products in 91 countries.

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