Hsbc Holdings PLC bought a new position in shares of Nautilus, Inc. (NYSE:NLS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 58,036 shares of the specialty retailer’s stock, valued at approximately $632,000. Hsbc Holdings PLC owned about 0.19% of Nautilus at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in NLS. Douglas Lane & Associates LLC bought a new stake in shares of Nautilus in the fourth quarter valued at about $121,000. Oregon Public Employees Retirement Fund bought a new stake in shares of Nautilus in the fourth quarter valued at about $123,000. GSA Capital Partners LLP bought a new stake in shares of Nautilus in the fourth quarter valued at about $132,000. State Board of Administration of Florida Retirement System raised its holdings in shares of Nautilus by 19.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 14,636 shares of the specialty retailer’s stock valued at $160,000 after acquiring an additional 2,383 shares in the last quarter. Finally, MetLife Investment Advisors LLC raised its holdings in shares of Nautilus by 50.5% in the third quarter. MetLife Investment Advisors LLC now owns 24,575 shares of the specialty retailer’s stock valued at $343,000 after acquiring an additional 8,247 shares in the last quarter. Institutional investors and hedge funds own 97.06% of the company’s stock.

NLS has been the subject of several recent research reports. ValuEngine downgraded Nautilus from a “sell” rating to a “strong sell” rating in a report on Saturday, January 19th. Sidoti downgraded Nautilus from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $19.00 to $9.00 in a report on Friday, January 18th. Zacks Investment Research downgraded Nautilus from a “hold” rating to a “sell” rating in a report on Friday, February 1st. SunTrust Banks decreased their price objective on Nautilus to $9.00 and set a “hold” rating for the company in a report on Friday, January 18th. Finally, Imperial Capital restated an “in-line” rating and issued a $7.00 price objective (down from $12.00) on shares of Nautilus in a report on Friday, January 18th. Two equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $9.88.

Shares of NYSE:NLS opened at $5.80 on Wednesday. Nautilus, Inc. has a 12-month low of $5.50 and a 12-month high of $17.20. The company has a market capitalization of $169.26 million, a price-to-earnings ratio of 11.60, a P/E/G ratio of 1.58 and a beta of 0.78. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.67 and a quick ratio of 1.07.

Nautilus (NYSE:NLS) last announced its quarterly earnings results on Monday, February 25th. The specialty retailer reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.01. Nautilus had a return on equity of 8.15% and a net margin of 3.69%. The company had revenue of $115.40 million during the quarter, compared to the consensus estimate of $114.71 million. During the same period in the previous year, the company posted $0.27 earnings per share. Nautilus’s revenue for the quarter was down 9.7% on a year-over-year basis. On average, sell-side analysts anticipate that Nautilus, Inc. will post 0.36 EPS for the current year.

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Nautilus Profile

Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.

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Institutional Ownership by Quarter for Nautilus (NYSE:NLS)

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