Credit Suisse Ag Opened Huge Herbalife Ltd Position

February 15, 2018 - By Max Morgan

 Credit Suisse Ag Opened Huge Herbalife Ltd Position

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.10, from 0.79 in 2017Q2. It is positive, as 37 investors sold Herbalife Ltd. shares while 56 reduced holdings. 30 funds opened positions while 53 raised stakes. 95.88 million shares or 1.95% less from 97.79 million shares in 2017Q2 were reported.

Invesco Ltd holds 65,789 shares. Metropolitan Life Insurance New York, New York-based fund reported 5,172 shares. Northern Corporation invested in 359,174 shares. Jpmorgan Chase And Com owns 61,064 shares or 0% of their US portfolio. Cadence Capital Ltd Llc holds 0.08% or 18,765 shares in its portfolio. World Asset Mgmt holds 0.01% or 3,662 shares in its portfolio. Jennison Ltd Liability Corp accumulated 27,455 shares. 353 are held by Barrow Hanley Mewhinney And Strauss Limited Liability Co. Legal And General Group Inc Plc owns 0.01% invested in Herbalife Ltd. (NYSE:HLF) for 280,279 shares. 238,061 were accumulated by Royal Retail Bank Of Canada. Board Of Trustees Of The Leland Stanford Junior University, a California-based fund reported 127,043 shares. One Trading Lp invested in 28,772 shares. Moreover, State Street Corporation has 0.01% invested in Herbalife Ltd. (NYSE:HLF) for 1.12M shares. Stonehill Capital Lc invested in 512,211 shares. Amalgamated Fincl Bank owns 12,979 shares for 0.03% of their portfolio.

The New Credit Suisse Ag Holding in Herbalife Ltd

Credit Suisse Ag reported SC 13G/A form with the SEC for Herbalife Ltd. Access it here: 000114036118008140. As reported by Credit Suisse Ag, the filler owns 5.18% or 4,519,682 shares of the Health Care–company.

Herbalife Ltd stake is new for [reportingPerson]. Date of activity: Calendar Year 2017. This shows Credit Suisse Ag’s positive view for Herbalife Ltd. For a institutional investor managing $41.97 billion in assets and having 300+ experts this is interesting position.

Herbalife Ltd Institutional Sentiment

Filings show 193 investors own Herbalife Ltd. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 7682301. 86305860 were owned by these investors. 28 funds opened new Herbalife Ltd stakes, 70 increased positions. There were 34 that closed positions and 74 reduced them.

9 investors had the stock in their top 10. Some are: Deccan Value Investors L.P., Route One Investment Company L.P., Stonehill Capital Management Llc, Oberndorf William E, Pekin Singer Strauss Asset Management Il, Icahn Carl C, Lyon Street Capital Llc, Indus Capital Partners Llc, Board Of Trustees Of The Leland Stanford Junior University, Fny Managed Accounts Llc..

Brian C. Freckmann Lyon Street Capital Llc is an investor bullish on Herbalife Ltd, owning 110326 shares as of Q3 2015 for 4.36% of its portfolio. Vinit Bodas Deccan Value Investors Lp owns 1166953 shares or 10.86% of its portfolio. CT Kamunting Street Capital Management Lp have 14.56% of its portfolio for 107100 shares. Further, Ubs Oconnor Llc reported stake worth less than 0.01% of its portfolio. The NY Indus Capital Partners Llc owns 2208975 shares. Herbalife Ltd is 16.09% of its portfolio.

Business Profile

Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China. The Company categorizes its products into five groups: weight management, targeted nutrition, energy, sports and fitness, outer nutrition, and literature, promotional and other. As of December 31, 2016, it marketed and sold approximately 140 products encompassing over 4,700 stock keeping units (SKUs) globally. Its product categories include meal replacement; protein shakes; drink mixes; dietary and nutritional supplements containing herbs, vitamins, minerals and other natural ingredients; facial skin care; body care; hair care products; sales tools, and educational materials.

SEC Form 13G.

Credit Suisse Ag website.

Analysts await Herbalife Ltd. (NYSE:HLF) to report earnings on February, 22. They expect $0.96 EPS, down 4.00 % or $0.04 from last year’s $1 per share. HLF’s profit will be $79.29 million for 21.86 P/E if the $0.96 EPS becomes a reality. After $0.82 actual EPS reported by Herbalife Ltd. for the previous quarter, Wall Street now forecasts 17.07 % EPS growth.

The stock increased 0.93% or $0.77 during the last trading session, reaching $83.94. About 499,830 shares traded. Herbalife Ltd. (NYSE:HLF) has risen 20.65% since February 15, 2017 and is uptrending. It has outperformed by 3.95% the S&P500.

Herbalife Ltd., a nutrition company, develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products. The company has market cap of $6.93 billion. It offers science products in four principal categories, including weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition. It has a 19.03 P/E ratio. The company's weight management product portfolio includes meal replacement products, protein shakes, drink mixes, weight loss enhancers, and healthy snacks; targeted nutrition products comprise dietary and nutritional supplements containing herbs, vitamins, minerals, and other natural ingredients; and outer nutrition products consist of facial skin, body, and hair care products.

Herbalife Ltd. (NYSE:HLF) Ratings Coverage

Among 7 analysts covering Herbalife (NYSE:HLF), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Herbalife has $120 highest and $54.88 lowest target. $72.12’s average target is -14.08% below currents $83.94 stock price. Herbalife had 22 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by Vetr on Monday, August 31 to “Buy”. The stock of Herbalife Ltd. (NYSE:HLF) earned “Hold” rating by Zacks on Friday, August 7. The stock of Herbalife Ltd. (NYSE:HLF) has “Hold” rating given on Thursday, January 25 by SunTrust. Pivotal Research maintained the shares of HLF in report on Wednesday, July 19 with “Buy” rating. The rating was initiated by Sterne Agee CRT with “Neutral” on Tuesday, July 21. The company was maintained on Thursday, August 27 by Pivotal Research. On Friday, August 7 the stock rating was downgraded by Vetr to “Buy”. On Tuesday, August 4 the stock rating was maintained by Pivotal Research with “Buy”. As per Tuesday, October 3, the company rating was maintained by Citigroup. Pivotal Research maintained Herbalife Ltd. (NYSE:HLF) rating on Friday, May 5. Pivotal Research has “Buy” rating and $105 target.

More recent Herbalife Ltd. (NYSE:HLF) news were published by: Businesswire.com which released: “Herbalife Nutrition Establishes New 600 Million RMB ($90 Million USD) China …” on February 12, 2018. Also Seekingalpha.com published the news titled: “Instead Of Providing A Reality Check, Herbalife’s New Official Compensation …” on January 29, 2018. Businesswire.com‘s news article titled: “Herbalife Ltd. Announces Fourth Quarter and Full Year 2017 Earnings Release …” with publication date: January 22, 2018 was also an interesting one.

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