Herbalife Ltd. (HLF) : Nine Masts Capital Ltd scooped up 8,140 additional shares in Herbalife Ltd. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 10,130 shares of Herbalife Ltd. which is valued at $679,419.Herbalife Ltd. makes up approximately 0.24% of Nine Masts Capital Ltd’s portfolio.
Other Hedge Funds, Including , Teacher Retirement System Of Texas boosted its stake in HLF in the latest quarter, The investment management firm added 1,309 additional shares and now holds a total of 9,845 shares of Herbalife Ltd. which is valued at $660,304.California Public Employees Retirement System reduced its stake in HLF by selling 33,100 shares or 9.34% in the most recent quarter. The Hedge Fund company now holds 321,400 shares of HLF which is valued at $21,546,656. Herbalife Ltd. makes up approx 0.03% of California Public Employees Retirement System’s portfolio.
Herbalife Ltd. closed down -0.29 points or -0.45% at $64.7 with 12,02,380 shares getting traded on Wednesday. Post opening the session at $64.81, the shares hit an intraday low of $63.835 and an intraday high of $65.4 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 $1.29 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 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.