Laurion Capital Management Lp buys $30.6 Million stake in Herbalife Ltd. (HLF)

Herbalife Ltd. (HLF) : Laurion Capital Management Lp scooped up 495,400 additional shares in Herbalife Ltd. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 501,400 shares of Herbalife Ltd. which is valued at $30.6 Million.Herbalife Ltd. makes up approximately 2.77% of Laurion Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Stevens Capital Management Lp sold out all of its stake in HLF during the most recent quarter. The investment firm sold 35,241 shares of HLF which is valued $2.1 Million.Palisade Capital Managementnj reduced its stake in HLF by selling 4,400 shares or 9.6% in the most recent quarter. The Hedge Fund company now holds 41,450 shares of HLF which is valued at $2.5 Million. Herbalife Ltd. makes up approx 0.10% of Palisade Capital Managementnj’s portfolio.Nationwide Fund Advisors reduced its stake in HLF by selling 717 shares or 24.87% in the most recent quarter. The Hedge Fund company now holds 2,166 shares of HLF which is valued at $137,801.State Board Of Administration Of Florida Retirement System reduced its stake in HLF by selling 4,700 shares or 5.01% in the most recent quarter. The Hedge Fund company now holds 89,108 shares of HLF which is valued at $5.7 Million. Herbalife Ltd. makes up approx 0.02% of State Board Of Administration Of Florida Retirement System’s portfolio. Tributary Capital Management sold out all of its stake in HLF during the most recent quarter. The investment firm sold 26,000 shares of HLF which is valued $1.7 Million.

Herbalife Ltd. closed down -1.24 points or -2.00% at $60.71 with 17,50,050 shares getting traded on Wednesday. Post opening the session at $61.93, the shares hit an intraday low of $60.52 and an intraday high of $62.78 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Herbalife Ltd. reported $1.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.27 according to the earnings call on May 5, 2016. Analyst had a consensus of $1.09. The company had revenue of $1119.60 million for the quarter, compared to analysts expectations of $1072.37 million. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.29 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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