Herbalife Ltd. (HLF) : Highvista Strategies added new position in Herbalife Ltd. during the most recent quarter end. The investment management firm now holds 54,700 shares of Herbalife Ltd. which is valued at $3,545,107 , the company said in a statement filed on Aug 15, 2016 with the SEC.Herbalife Ltd. makes up approximately 0.64% of Highvista Strategies’s portfolio.
Other Hedge Funds, Including , Capital Research Global Investors reduced its stake in HLF by selling 5,484,100 shares or 52.06% in the most recent quarter. The Hedge Fund company now holds 5,049,373 shares of HLF which is valued at $327,249,864. Herbalife Ltd. makes up approx 0.11% of Capital Research Global Investors’s portfolio.Blackrock Advisors boosted its stake in HLF in the latest quarter, The investment management firm added 4,273 additional shares and now holds a total of 39,255 shares of Herbalife Ltd. which is valued at $2,544,117.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.Public Employees Retirement Association Of Colorado boosted its stake in HLF in the latest quarter, The investment management firm added 16 additional shares and now holds a total of 17,048 shares of Herbalife Ltd. which is valued at $1,159,434. Herbalife Ltd. makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.
Herbalife Ltd. opened for trading at $61 and hit $61.28 on the upside on Thursday, eventually ending the session at $61.17, with a gain of 0.69% or 0.42 points. The heightened volatility saw the trading volume jump to 9,86,659 shares. Company has a market cap of $5,683 M.
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.