Nautilus Group, Inc. (The) (NYSE:NLS) Shares Sold by Boston Advisors LLC

Boston Advisors LLC decreased its stake in Nautilus Group, Inc. (The) (NYSE:NLS) by 29.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 220,871 shares of the specialty retailer’s stock after selling 90,832 shares during the period. Boston Advisors LLC owned approximately 0.72% of Nautilus Group, Inc. (The) worth $4,230,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Nautilus Group, Inc. (The) by 5.8% in the first quarter. Vanguard Group Inc. now owns 1,629,980 shares of the specialty retailer’s stock valued at $29,748,000 after buying an additional 89,608 shares during the period. Dimensional Fund Advisors LP increased its stake in Nautilus Group, Inc. (The) by 2.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,544,136 shares of the specialty retailer’s stock valued at $28,180,000 after buying an additional 41,490 shares during the period. Royce & Associates LP increased its stake in Nautilus Group, Inc. (The) by 75.3% in the first quarter. Royce & Associates LP now owns 1,411,313 shares of the specialty retailer’s stock valued at $25,756,000 after buying an additional 606,300 shares during the period. Copper Rock Capital Partners LLC increased its stake in Nautilus Group, Inc. (The) by 1.7% in the first quarter. Copper Rock Capital Partners LLC now owns 1,079,607 shares of the specialty retailer’s stock valued at $19,271,000 after buying an additional 18,167 shares during the period. Finally, Northpointe Capital LLC increased its stake in Nautilus Group, Inc. (The) by 38.8% in the first quarter. Northpointe Capital LLC now owns 1,047,589 shares of the specialty retailer’s stock valued at $19,118,000 after buying an additional 292,696 shares during the period. Institutional investors own 99.75% of the company’s stock.

Shares of Nautilus Group, Inc. (NYSE NLS) traded up 1.81% during mid-day trading on Friday, reaching $16.85. The company had a trading volume of 200,307 shares. The firm’s 50-day moving average is $17.75 and its 200 day moving average is $17.62. Nautilus Group, Inc. has a 12 month low of $14.28 and a 12 month high of $24.99. The company has a market capitalization of $518.74 million, a price-to-earnings ratio of 18.24 and a beta of 2.05.

Nautilus Group, Inc. (The) (NYSE:NLS) last issued its quarterly earnings data on Monday, July 31st. The specialty retailer reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by $0.01. Nautilus Group, Inc. (The) had a return on equity of 17.22% and a net margin of 7.25%. The firm had revenue of $77 million for the quarter, compared to the consensus estimate of $77.71 million. During the same quarter in the prior year, the firm earned $0.12 EPS. The company’s revenue was down 1.9% on a year-over-year basis. On average, equities research analysts predict that Nautilus Group, Inc. will post $1.12 earnings per share for the current year.

Nautilus Group, Inc. (The) announced that its Board of Directors has initiated a share repurchase program on Monday, May 1st that permits the company to buyback $15.00 million in shares. This buyback authorization permits the specialty retailer to buy up to 2.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The legal version of this piece of content can be read at https://www.com-unik.info/2017/08/19/boston-advisors-llc-sells-90832-shares-of-nautilus-group-inc-the-nysenls-updated-updated.html.

Several analysts recently weighed in on NLS shares. Zacks Investment Research upgraded Nautilus Group, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, May 4th. Imperial Capital increased their target price on Nautilus Group, Inc. (The) from $20.00 to $21.00 and gave the company an “outperform” rating in a research note on Wednesday, May 3rd. Finally, DA Davidson restated a “buy” rating and set a $22.00 target price on shares of Nautilus Group, Inc. (The) in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. Nautilus Group, Inc. (The) has an average rating of “Buy” and a consensus target price of $22.08.

Nautilus Group, Inc. (The) Company Profile

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, Inc. (The) (NYSE:NLS)

What are top analysts saying about Nautilus Group Inc. (The)? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Nautilus Group Inc. (The) and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit