Nautilus Group, Inc. (The) (NLS) Holdings Lifted by Prudential Financial Inc.
Prudential Financial Inc. lifted its holdings in shares of Nautilus Group, Inc. (The) (NYSE:NLS) by 16.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 60,310 shares of the specialty retailer’s stock after purchasing an additional 8,660 shares during the period. Prudential Financial Inc. owned 0.20% of Nautilus Group worth $1,019,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in NLS. Teachers Advisors LLC grew its holdings in shares of Nautilus Group by 9.3% during the first quarter. Teachers Advisors LLC now owns 55,147 shares of the specialty retailer’s stock worth $1,006,000 after purchasing an additional 4,675 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Nautilus Group by 5.8% during the first quarter. Vanguard Group Inc. now owns 1,629,980 shares of the specialty retailer’s stock worth $29,748,000 after purchasing an additional 89,608 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Nautilus Group by 5.5% during the first quarter. Schwab Charles Investment Management Inc. now owns 140,057 shares of the specialty retailer’s stock worth $2,557,000 after purchasing an additional 7,323 shares during the last quarter. Bank of America Corp DE boosted its holdings in Nautilus Group by 72.1% in the first quarter. Bank of America Corp DE now owns 46,829 shares of the specialty retailer’s stock valued at $855,000 after acquiring an additional 19,623 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its holdings in Nautilus Group by 78.5% in the second quarter. State of Alaska Department of Revenue now owns 6,014 shares of the specialty retailer’s stock valued at $115,000 after acquiring an additional 2,644 shares during the last quarter. Institutional investors own 97.86% of the company’s stock.
Nautilus Group, Inc. (NYSE:NLS) traded down $0.17 during midday trading on Friday, hitting $13.35. The stock had a trading volume of 371,850 shares, compared to its average volume of 334,801. Nautilus Group, Inc. has a 52 week low of $12.25 and a 52 week high of $19.80. The firm has a market capitalization of $414.55, a price-to-earnings ratio of 13.64, a P/E/G ratio of 1.47 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 earnings results on Monday, October 30th. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, beating 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 business had revenue of $88.10 million for the quarter, compared to analyst estimates of $92.29 million. During the same quarter last year, the firm earned $0.16 EPS. Nautilus Group’s revenue for the quarter was up 9.0% compared to the same quarter last year. analysts anticipate that Nautilus Group, Inc. will post 0.92 EPS for the current fiscal year.
NLS has been the topic of several recent research reports. DA Davidson reiterated a “buy” rating and issued a $22.00 price target on shares of Nautilus Group in a report on Wednesday, August 16th. B. Riley reiterated a “buy” rating and issued a $22.00 price target on shares of Nautilus Group in a report on Tuesday, September 5th. Zacks Investment Research upgraded Nautilus Group from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. Aegis assumed coverage on Nautilus Group in a report on Monday, September 11th. They issued a “buy” rating and a $21.00 price target on the stock. Finally, SunTrust Banks lowered Nautilus Group from a “buy” rating to a “hold” rating and set a $16.00 target price on the stock. in a research note on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $18.96.
In other Nautilus Group news, Director Anne Saunders sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $13.00, for a total value of $65,000.00. Following the completion of the transaction, the director now directly owns 11,626 shares in the company, valued at $151,138. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Wayne M. Bolio sold 16,190 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $12.84, for a total value of $207,879.60. Following the completion of the transaction, the senior vice president now owns 60,189 shares of the company’s stock, valued at $772,826.76. The disclosure for this sale can be found here. In the last three months, insiders sold 26,540 shares of company stock worth $340,611. 3.70% of the stock is owned by 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.
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