Herbalife Ltd. (HLF) : Oberndorf William E has sold out all of its stake in Herbalife Ltd. during the most recent quarter, according to the disclosure filed by the company on Aug 11, 2016 with the SEC. The investment management company has sold out 112,000 shares of Herbalife Ltd. which is valued at $7,258,720.
Other Hedge Funds, Including , Advisors Preferred sold out all of its stake in HLF during the most recent quarter. The investment firm sold 22 shares of HLF which is valued $1,426.Blackrock Fund Advisors boosted its stake in HLF in the latest quarter, The investment management firm added 35,029 additional shares and now holds a total of 688,807 shares of Herbalife Ltd. which is valued at $44,641,582. Herbalife Ltd. makes up approx 0.01% of Blackrock Fund Advisors’s portfolio.Spot Trading L.l.c boosted its stake in HLF in the latest quarter, The investment management firm added 4,900 additional shares and now holds a total of 4,958 shares of Herbalife Ltd. which is valued at $332,384. Herbalife Ltd. makes up approx 0.04% of Spot Trading L.l.c’s portfolio.
Herbalife Ltd. opened for trading at $63.74 and hit $64.09 on the upside on Tuesday, eventually ending the session at $63.52, with a gain of 0.03% or 0.02 points. The heightened volatility saw the trading volume jump to 12,40,813 shares. Company has a market cap of $5,901 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.