Serengeti Asset Management LP Increased Its Stake in Herbalife LTD (HLF) by $6.70 Million as Market Valuation Rose; As Central Garden & Pet Co (CENT) Shares Declined, Capital One National Association Has Raised Its Position by $692,588

January 18, 2018 - By Vivian Currie

Capital One National Association increased its stake in Central Garden & Pet Co (CENT) by 17.85% based on its latest 2017Q3 regulatory filing with the SEC. Capital One National Association bought 18,226 shares as the company’s stock declined 11.14% while stock markets rallied. The institutional investor held 120,320 shares of the consumer specialties company at the end of 2017Q3, valued at $4.67 million, up from 102,094 at the end of the previous reported quarter. Capital One National Association who had been investing in Central Garden & Pet Co for a number of months, seems to be bullish on the $1.90 billion market cap company. The stock increased 2.56% or $0.94 during the last trading session, reaching $37.59. About 74,120 shares traded. Central Garden & Pet Company (NASDAQ:CENT) has risen 76.19% since January 18, 2017 and is uptrending. It has outperformed by 59.49% the S&P500.

Jody Lanasa increased its stake in Herbalife Ltd (HLF) by 33.33% based on its latest 2017Q3 regulatory filing with the SEC. Serengeti Asset Management Lp bought 100,000 shares as the company’s stock rose 17.28% with the market. The hedge fund run by Jody Lanasa held 400,000 shares of the other pharmaceuticals company at the end of 2017Q3, valued at $27.13 million, up from 300,000 at the end of the previous reported quarter. Serengeti Asset Management Lp who had been investing in Herbalife Ltd for a number of months, seems to be bullish on the $5.90 billion market cap company. The stock increased 0.42% or $0.3 during the last trading session, reaching $71.45. About 628,224 shares traded. Herbalife Ltd. (NYSE:HLF) has risen 20.65% since January 18, 2017 and is uptrending. It has outperformed by 3.95% the S&P500.

Since August 7, 2017, it had 0 buys, and 14 insider sales for $5.66 million activity. SPRINGER MARY BETH had sold 630 shares worth $20,773 on Monday, August 14. Ranelli John sold $85,625 worth of stock or 2,500 shares. $885,911 worth of Central Garden & Pet Company (NASDAQ:CENT) was sold by PENNINGTON BROOKS III on Monday, August 14. 4,364 Central Garden & Pet Company (NASDAQ:CENT) shares with value of $145,627 were sold by Yuhas George A.. LAHANAS NICHOLAS sold 7,119 shares worth $276,050. BALOUSEK JOHN had sold 13,000 shares worth $508,932.

Capital One National Association, which manages about $1.43 billion US Long portfolio, decreased its stake in Carnival Corp (NYSE:CCL) by 12,682 shares to 7,683 shares, valued at $496,000 in 2017Q3, according to the filing. It also reduced its holding in Facebook Inc (NASDAQ:FB) by 19,666 shares in the quarter, leaving it with 116,069 shares, and cut its stake in Veeva Sys Inc (NYSE:VEEV).

Investors sentiment increased to 1.23 in Q3 2017. Its up 0.38, from 0.85 in 2017Q2. It is positive, as 13 investors sold CENT shares while 35 reduced holdings. 25 funds opened positions while 34 raised stakes. 9.96 million shares or 2.75% less from 10.24 million shares in 2017Q2 were reported. Arizona State Retirement System owns 0% invested in Central Garden & Pet Company (NASDAQ:CENT) for 5,400 shares. Citigroup Inc invested in 0% or 13,610 shares. Cap One National Association invested in 120,320 shares or 0.33% of the stock. Fifth Third Fincl Bank invested 0% in Central Garden & Pet Company (NASDAQ:CENT). Panagora Asset Mngmt Inc invested in 0.01% or 50,665 shares. Advisory Lc stated it has 0% in Central Garden & Pet Company (NASDAQ:CENT). Guggenheim Capital Ltd Co reported 18,252 shares or 0% of all its holdings. Comml Bank Of America Corp De owns 25,702 shares for 0% of their portfolio. Rbf Capital Ltd Liability Corporation has 78,967 shares for 0.39% of their portfolio. Caprock Group invested in 0.06% or 7,641 shares. 204,093 were accumulated by Bancshares Of Ny Mellon Corp. Sei Invests stated it has 11,269 shares. Royal Commercial Bank Of Canada has 33,029 shares for 0% of their portfolio. Bnp Paribas Arbitrage Sa has invested 0% in Central Garden & Pet Company (NASDAQ:CENT). Alliancebernstein LP reported 7,300 shares.

Among 8 analysts covering Central Garden & Pet Company (NASDAQ:CENT), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Central Garden & Pet Company had 11 analyst reports since December 8, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets with “Hold” on Monday, October 16. On Tuesday, June 20 the stock rating was maintained by Oppenheimer with “Hold”. On Monday, October 31 the stock rating was upgraded by Sidoti to “Buy”. On Monday, October 16 the stock rating was downgraded by Sidoti to “Hold”. The firm has “Buy” rating by CL King given on Friday, December 8. C.L. King initiated the stock with “Buy” rating in Friday, July 7 report. SunTrust upgraded the shares of CENT in report on Thursday, June 16 to “Buy” rating. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Monday, February 22. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, September 4 report.

Serengeti Asset Management Lp, which manages about $2.16B and $583.76M US Long portfolio, decreased its stake in Ishares Tr (Put) (EEM) by 1.20M shares to 500,000 shares, valued at $22.41 million in 2017Q3, according to the filing. It also reduced its holding in Five Point Holdings Llc by 25,000 shares in the quarter, leaving it with 400,000 shares, and cut its stake in Ishares Tr (Put) (HYG).

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.10, from 0.79 in 2017Q2. It increased, as 37 investors sold HLF 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. Hsbc Hldgs Pcl stated it has 9,032 shares. Dimensional Fund Advsr Limited Partnership holds 0.01% of its portfolio in Herbalife Ltd. (NYSE:HLF) for 428,764 shares. Commerzbank Aktiengesellschaft Fi stated it has 0.06% of its portfolio in Herbalife Ltd. (NYSE:HLF). Goldman Sachs Group owns 2.22M shares. Great West Life Assurance Can holds 0% or 6,900 shares. M&T Bank & Trust has invested 0% of its portfolio in Herbalife Ltd. (NYSE:HLF). Vanguard Gru reported 5.48 million shares. Oberndorf William E stated it has 195,660 shares. Bluefin Trading Lc owns 32,000 shares. Pnc Serv Gru Inc has invested 0% in Herbalife Ltd. (NYSE:HLF). Cap Fund invested in 0.01% or 21,198 shares. Tudor Corp Et Al has invested 0.05% of its portfolio in Herbalife Ltd. (NYSE:HLF). Aviva Public Ltd Company stated it has 43,592 shares. Fny Managed Accounts Lc owns 26,768 shares. Serengeti Asset Lp reported 4.65% in Herbalife Ltd. (NYSE:HLF).

Among 7 analysts covering Herbalife (NYSE:HLF), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Herbalife had 21 analyst reports since August 6, 2015 according to SRatingsIntel. Pivotal Research maintained Herbalife Ltd. (NYSE:HLF) on Wednesday, July 19 with “Buy” rating. The firm has “Buy” rating given on Wednesday, November 4 by Pivotal Research. The firm earned “Buy” rating on Friday, May 5 by Pivotal Research. Vetr downgraded Herbalife Ltd. (NYSE:HLF) rating on Friday, August 7. Vetr has “Buy” rating and $54.88 target. The company was maintained on Thursday, August 27 by Pivotal Research. As per Tuesday, August 4, the company rating was maintained by Barclays Capital. Pivotal Research maintained it with “Buy” rating and $120 target in Monday, June 5 report. The rating was downgraded by Vetr on Monday, August 31 to “Buy”. The stock of Herbalife Ltd. (NYSE:HLF) earned “Buy” rating by Pivotal Research on Wednesday, August 2. On Tuesday, July 21 the stock rating was initiated by Sterne Agee CRT with “Neutral”.

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