Herbalife Ltd. (HLF) : Oberndorf William E added new position in Herbalife Ltd. during the most recent quarter end. The investment management firm now holds 112,000 shares of Herbalife Ltd. which is valued at $6,832,000 , the company said in a statement filed on May 10, 2016 with the SEC.Herbalife Ltd. makes up approximately 15.42% of Oberndorf William E’s portfolio.
Other Hedge Funds, Including , Airain Ltd boosted its stake in HLF in the latest quarter, The investment management firm added 9,819 additional shares and now holds a total of 28,417 shares of Herbalife Ltd. which is valued at $1,733,437. Herbalife Ltd. makes up approx 0.12% of Airain Ltd’s portfolio.Schwab Charles Investment Management Inc boosted its stake in HLF in the latest quarter, The investment management firm added 17,552 additional shares and now holds a total of 174,778 shares of Herbalife Ltd. which is valued at $11,119,376. Herbalife Ltd. makes up approx 0.01% of Schwab Charles Investment Management Inc’s portfolio.State Of Wisconsin Investment Board reduced its stake in HLF by selling 2,120 shares or 3.98% in the most recent quarter. The Hedge Fund company now holds 51,096 shares of HLF which is valued at $3,250,728. Herbalife Ltd. makes up approx 0.01% of State Of Wisconsin Investment Board’s portfolio. Cadence Capital Management added HLF to its portfolio by purchasing 11,480 company shares during the most recent quarter which is valued at $730,358. Herbalife Ltd. makes up approx 0.05% of Cadence Capital Management’s portfolio.
Herbalife Ltd. opened for trading at $61.39 and hit $61.82 on the upside on Monday, eventually ending the session at $61.57, with a gain of 0.93% or 0.57 points. The heightened volatility saw the trading volume jump to 11,18,359 shares. Company has a market cap of $5,714 M.
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 Companys 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.