Route One Investment Company buys $206,149,602 stake in Herbalife Ltd. (HLF)

Herbalife Ltd. (HLF) : Route One Investment Company scooped up 294,500 additional shares in Herbalife Ltd. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 3,905,828 shares of Herbalife Ltd. which is valued at $206,149,602.Herbalife Ltd. makes up approximately 10.96% of Route One Investment Company’s portfolio.

Other Hedge Funds, Including , Pinkerton Retirement Specialists reduced its stake in HLF by selling 4 shares or 1.59% in the most recent quarter. The Hedge Fund company now holds 247 shares of HLF which is valued at $13,037. Herbalife Ltd. makes up approx 0.01% of Pinkerton Retirement Specialists’s portfolio. Capital Growth Management Lp added HLF to its portfolio by purchasing 540,000 company shares during the most recent quarter which is valued at $28,803,600. Herbalife Ltd. makes up approx 1.28% of Capital Growth Management Lp’s portfolio.Emerald Acquisition Ltd. reduced its stake in HLF by selling 17,117 shares or 49.67% in the most recent quarter. The Hedge Fund company now holds 17,341 shares of HLF which is valued at $957,570.Gateway Investment Advisers boosted its stake in HLF in the latest quarter, The investment management firm added 3,441 additional shares and now holds a total of 61,202 shares of Herbalife Ltd. which is valued at $3,739,442. Herbalife Ltd. makes up approx 0.03% of Gateway Investment Advisers’s portfolio.Acadian Asset Management reduced its stake in HLF by selling 35,675 shares or 54.16% in the most recent quarter. The Hedge Fund company now holds 30,194 shares of HLF which is valued at $1,875,047. Herbalife Ltd. makes up approx 0.01% of Acadian Asset Management’s portfolio.

Herbalife Ltd. closed down -1.43 points or -2.73% at $50.86 with 13,02,858 shares getting traded on Monday. Post opening the session at $52.38, the shares hit an intraday low of $50.74 and an intraday high of $52.45 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Herbalife Ltd. reported $1.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Nov 1, 2016. Analyst had a consensus of $1.09. The company had revenue of $1122.00 million for the quarter, compared to analysts expectations of $1143.75 million. The company’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.28 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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