Dimensional Fund Advisors LP Grows Holdings in LifeVantage Corp (LFVN)

Dimensional Fund Advisors LP raised its position in LifeVantage Corp (NASDAQ:LFVN) by 36.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 79,495 shares of the company’s stock after acquiring an additional 21,198 shares during the period. Dimensional Fund Advisors LP owned about 0.56% of LifeVantage worth $344,000 as of its most recent filing with the SEC.

Separately, LMR Partners LLP bought a new stake in shares of LifeVantage during the 2nd quarter worth approximately $170,000. 14.25% of the stock is owned by institutional investors.

Shares of LifeVantage Corp (NASDAQ LFVN) opened at $5.65 on Thursday. LifeVantage Corp has a 12 month low of $2.86 and a 12 month high of $10.19. The stock has a market capitalization of $80.94, a P/E ratio of 23.71 and a beta of 0.57. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.54.

LifeVantage (NASDAQ:LFVN) last announced its quarterly earnings data on Thursday, September 7th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). LifeVantage had a return on equity of 24.24% and a net margin of 0.64%. The company had revenue of $50.64 million for the quarter. research analysts forecast that LifeVantage Corp will post 0.45 earnings per share for the current year.

LifeVantage announced that its Board of Directors has initiated a share repurchase program on Monday, November 27th that authorizes the company to buyback $5.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

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LifeVantage Company Profile

LifeVantage Corporation is a science-based network marketing company. The Company focuses on helping people achieve their health, wellness and financial independence goals. The Company provides products and a financially rewarding direct sales business opportunity to customers and independent distributors seeking a healthy lifestyle and financial freedom.

Institutional Ownership by Quarter for LifeVantage (NASDAQ:LFVN)

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