California State Teachers Retirement System decreased its stake in shares of Nautilus Group, Inc. (The) (NYSE:NLS) by 11.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 53,494 shares of the specialty retailer’s stock after selling 6,900 shares during the period. California State Teachers Retirement System owned 0.17% of Nautilus Group worth $1,024,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Alps Advisors Inc. increased its holdings in shares of Nautilus Group by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 28,504 shares of the specialty retailer’s stock valued at $546,000 after acquiring an additional 74 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its holdings in shares of Nautilus Group by 2.4% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,260 shares of the specialty retailer’s stock valued at $139,000 after acquiring an additional 170 shares during the last quarter. Texas Permanent School Fund increased its holdings in shares of Nautilus Group by 0.9% during the 2nd quarter. Texas Permanent School Fund now owns 22,423 shares of the specialty retailer’s stock valued at $429,000 after acquiring an additional 195 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Nautilus Group by 1.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 24,450 shares of the specialty retailer’s stock valued at $468,000 after purchasing an additional 310 shares during the period. Finally, Legal & General Group Plc boosted its stake in Nautilus Group by 1.3% during the 1st quarter. Legal & General Group Plc now owns 51,740 shares of the specialty retailer’s stock valued at $943,000 after purchasing an additional 645 shares during the period. 99.07% of the stock is currently owned by institutional investors and hedge funds.

Shares of Nautilus Group, Inc. (NYSE:NLS) traded down $0.10 during trading hours on Monday, reaching $13.15. The company had a trading volume of 89,400 shares, compared to its average volume of 343,016. Nautilus Group, Inc. has a 1 year low of $12.25 and a 1 year high of $19.80. The company has a market cap of $403.80, a P/E ratio of 13.28, a price-to-earnings-growth ratio of 1.43 and a beta of 2.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.38 and a current ratio of 2.02.

Nautilus Group (NYSE:NLS) last announced its quarterly earnings data on Monday, October 30th. The specialty retailer reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.03. Nautilus Group had a return on equity of 18.54% and a net margin of 7.28%. The company had revenue of $88.10 million during the quarter, compared to the consensus estimate of $92.29 million. During the same quarter last year, the company earned $0.16 EPS. The company’s quarterly revenue was up 9.0% on a year-over-year basis. research analysts predict that Nautilus Group, Inc. will post 0.92 EPS for the current fiscal year.

NLS has been the subject of several recent analyst reports. TheStreet downgraded Nautilus Group from a “b” rating to a “c+” rating in a research note on Thursday, November 2nd. Imperial Capital downgraded Nautilus Group from an “outperform” rating to an “in-line” rating and decreased their target price for the company from $20.00 to $14.00 in a research note on Tuesday, October 31st. B. Riley restated a “buy” rating and set a $22.00 target price on shares of Nautilus Group in a research note on Tuesday, September 5th. Zacks Investment Research downgraded Nautilus Group from a “hold” rating to a “sell” rating in a research note on Thursday, November 2nd. Finally, Lake Street Capital downgraded Nautilus Group from a “buy” rating to a “hold” rating and decreased their target price for the company from $25.00 to $15.00 in a research note on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $18.96.

In other Nautilus Group news, CEO Bruce M. Cazenave sold 5,350 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $12.66, for a total value of $67,731.00. Following the completion of the sale, the chief executive officer now owns 372,876 shares in the company, valued at approximately $4,720,610.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Wayne M. Bolio sold 16,190 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $12.84, for a total value of $207,879.60. Following the completion of the sale, the senior vice president now owns 60,189 shares of the company’s stock, valued at approximately $772,826.76. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by company insiders.

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About Nautilus Group

Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. Its principal business activities include designing, developing, sourcing and marketing of cardio and strength fitness products and related accessories for consumer use, primarily in the United States and Canada, but also in international markets outside North America.

Institutional Ownership by Quarter for Nautilus Group (NYSE:NLS)

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