Ramsey Quantitative Systems Lowers stake in Herbalife Ltd. (HLF)

Herbalife Ltd. (HLF) : Ramsey Quantitative Systems reduced its stake in Herbalife Ltd. by 2.04% during the most recent quarter end. The investment management company now holds a total of 13,800 shares of Herbalife Ltd. which is valued at $894,378 after selling 287 shares in Herbalife Ltd. , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Herbalife Ltd. makes up approximately 0.94% of Ramsey Quantitative Systems’s portfolio.

Other Hedge Funds, Including , Fmr reduced its stake in HLF by selling 3,081,800 shares or 26.26% in the most recent quarter. The Hedge Fund company now holds 8,653,247 shares of HLF which is valued at $560,816,938. Herbalife Ltd. makes up approx 0.07% of Fmr’s portfolio.New York State Common Retirement Fund reduced its stake in HLF by selling 7,878 shares or 2.25% in the most recent quarter. The Hedge Fund company now holds 342,568 shares of HLF which is valued at $22,201,832. Herbalife Ltd. makes up approx 0.03% of New York State Common Retirement Fund’s portfolio. Quantitative Investment Management sold out all of its stake in HLF during the most recent quarter. The investment firm sold 55,700 shares of HLF which is valued $3,734,128. Bbva Compass Bancshares Inc added HLF to its portfolio by purchasing 3,595 company shares during the most recent quarter which is valued at $244,496. Herbalife Ltd. makes up approx 0.02% of Bbva Compass Bancshares Inc’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 Company’s 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.

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