Herbalife Ltd. (HLF) : Susquehanna International Group Llp reduced its stake in Herbalife Ltd. by 68.73% during the most recent quarter end. The investment management company now holds a total of 604,614 shares of Herbalife Ltd. which is valued at $39,185,033 after selling 1,328,932 shares in Herbalife Ltd. , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Herbalife Ltd. makes up approximately 0.21% of Susquehanna International Group Llp’s portfolio.
Other Hedge Funds, Including , Lyon Street Capital reduced its stake in HLF by selling 38,500 shares or 30.48% in the most recent quarter. The Hedge Fund company now holds 87,826 shares of HLF which is valued at $5,692,003. Herbalife Ltd. makes up approx 2.86% of Lyon Street Capital’s portfolio.Indus Capital Partners reduced its stake in HLF by selling 688,327 shares or 21.69% in the most recent quarter. The Hedge Fund company now holds 2,485,157 shares of HLF which is valued at $161,063,025. Herbalife Ltd. makes up approx 20.05% of Indus Capital Partners’s portfolio.Allianz Asset Management Ag reduced its stake in HLF by selling 72 shares or 1.65% in the most recent quarter. The Hedge Fund company now holds 4,300 shares of HLF which is valued at $278,683. Trexquant Investment Lp added HLF to its portfolio by purchasing 34,500 company shares during the most recent quarter which is valued at $2,235,945. Herbalife Ltd. makes up approx 0.28% of Trexquant Investment Lp’s portfolio. Credit Agricole S A added HLF to its portfolio by purchasing 40,941 company shares during the most recent quarter which is valued at $2,653,386. Herbalife Ltd. makes up approx 0.01% of Credit Agricole S A’s portfolio.
Herbalife Ltd. closed down -0.31 points or -0.49% at $62.41 with 897,818 shares getting traded on Wednesday. Post opening the session at $62.44, the shares hit an intraday low of $62 and an intraday high of $62.735 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.