Fisher Asset Management LLC Acquires 18,340 Shares of Nautilus, Inc. (NLS)

Fisher Asset Management LLC increased its holdings in shares of Nautilus, Inc. (NYSE:NLS) by 16.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 132,742 shares of the specialty retailer’s stock after acquiring an additional 18,340 shares during the quarter. Fisher Asset Management LLC’s holdings in Nautilus were worth $1,772,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of NLS. Schwab Charles Investment Management Inc. boosted its position in Nautilus by 1.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 141,514 shares of the specialty retailer’s stock worth $2,710,000 after acquiring an additional 1,457 shares during the last quarter. Swiss National Bank boosted its position in Nautilus by 9.3% during the second quarter. Swiss National Bank now owns 53,000 shares of the specialty retailer’s stock worth $1,015,000 after acquiring an additional 4,500 shares during the last quarter. TIAA CREF Investment Management LLC boosted its position in Nautilus by 1.3% during the second quarter. TIAA CREF Investment Management LLC now owns 83,721 shares of the specialty retailer’s stock worth $1,603,000 after acquiring an additional 1,099 shares during the last quarter. UBS Asset Management Americas Inc. acquired a new position in Nautilus during the second quarter worth about $193,000. Finally, Citigroup Inc. raised its stake in Nautilus by 3,252.1% during the second quarter. Citigroup Inc. now owns 7,341 shares of the specialty retailer’s stock worth $141,000 after purchasing an additional 7,122 shares during the period. Hedge funds and other institutional investors own 99.19% of the company’s stock.

A number of equities analysts have commented on NLS shares. ValuEngine downgraded shares of Nautilus from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research downgraded shares of Nautilus from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. TheStreet downgraded shares of Nautilus from a “b” rating to a “c+” rating in a research note on Thursday, November 2nd. Lake Street Capital downgraded shares of Nautilus from a “buy” rating to a “hold” rating and reduced their target price for the stock from $25.00 to $15.00 in a research note on Tuesday, October 31st. Finally, SunTrust Banks downgraded shares of Nautilus 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. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $18.47.

In other news, CEO Bruce M. Cazenave sold 5,350 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $12.66, for a total value of $67,731.00. Following the sale, the chief executive officer now directly owns 372,876 shares of the company’s stock, valued at approximately $4,720,610.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Wayne M. Bolio sold 16,190 shares of the business’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 transaction of $207,879.60. Following the completion of the sale, the senior vice president now directly owns 60,189 shares in the company, valued at $772,826.76. The disclosure for this sale can be found here. Insiders sold a total of 47,940 shares of company stock worth $622,663 over the last three months. Insiders own 3.70% of the company’s stock.

Shares of Nautilus, Inc. (NLS) opened at $12.80 on Friday. The stock has a market cap of $394.07, a P/E ratio of 12.80, a PEG ratio of 1.23 and a beta of 2.12. Nautilus, Inc. has a 52 week low of $12.25 and a 52 week high of $19.80. The company has a quick ratio of 1.38, a current ratio of 2.02 and a debt-to-equity ratio of 0.20.

Nautilus (NYSE:NLS) last released its quarterly earnings results on Monday, October 30th. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $88.10 million for the quarter, compared to the consensus estimate of $92.29 million. Nautilus had a net margin of 7.28% and a return on equity of 18.54%. The business’s revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.16 EPS. sell-side analysts anticipate that Nautilus, Inc. will post 0.92 earnings per share for the current fiscal year.

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Nautilus 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.

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Institutional Ownership by Quarter for Nautilus (NYSE:NLS)

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