Prudential Financial Inc. lessened its position in shares of Nautilus, Inc. (NYSE:NLS) by 8.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,361 shares of the specialty retailer’s stock after selling 8,357 shares during the quarter. Prudential Financial Inc. owned about 0.32% of Nautilus worth $1,316,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. increased its position in Nautilus by 2.4% in the first quarter. Principal Financial Group Inc. now owns 235,362 shares of the specialty retailer’s stock worth $3,166,000 after purchasing an additional 5,577 shares during the period. Bank of Montreal Can boosted its holdings in Nautilus by 1,797.3% during the second quarter. Bank of Montreal Can now owns 11,403 shares of the specialty retailer’s stock worth $178,000 after buying an additional 10,802 shares during the last quarter. Aperio Group LLC bought a new position in Nautilus during the second quarter worth about $178,000. Wells Fargo & Company MN boosted its holdings in Nautilus by 30.6% during the second quarter. Wells Fargo & Company MN now owns 520,168 shares of the specialty retailer’s stock worth $8,167,000 after buying an additional 121,915 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in Nautilus by 102.4% during the second quarter. First Trust Advisors LP now owns 59,864 shares of the specialty retailer’s stock worth $940,000 after buying an additional 30,284 shares during the last quarter. 95.73% of the stock is currently owned by institutional investors and hedge funds.
In other Nautilus news, Director Anne Saunders sold 4,500 shares of the company’s stock in a transaction dated Friday, November 30th. The stock was sold at an average price of $12.87, for a total value of $57,915.00. Following the completion of the transaction, the director now owns 11,120 shares of the company’s stock, valued at approximately $143,114.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.50% of the stock is owned by corporate insiders.
NLS traded up $0.05 during trading on Friday, hitting $11.15. The stock had a trading volume of 110,966 shares, compared to its average volume of 138,637. The company has a market capitalization of $336.59 million, a PE ratio of 12.67, a price-to-earnings-growth ratio of 0.99 and a beta of 1.24. Nautilus, Inc. has a one year low of $10.04 and a one year high of $17.20. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.93 and a quick ratio of 1.35.
Nautilus (NYSE:NLS) last released its earnings results on Monday, October 29th. The specialty retailer reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). The company had revenue of $91.10 million for the quarter, compared to the consensus estimate of $94.12 million. Nautilus had a net margin of 5.31% and a return on equity of 11.91%. The business’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 earnings per share. Equities analysts anticipate that Nautilus, Inc. will post 1.03 earnings per share for the current fiscal year.
Several equities analysts have recently weighed in on the company. Imperial Capital cut their price objective on Nautilus to $12.00 and set an “in-line” rating on the stock in a report on Tuesday, October 30th. ValuEngine upgraded Nautilus from a “sell” rating to a “hold” rating in a research note on Wednesday, November 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. Nautilus currently has an average rating of “Hold” and an average price target of $16.50.
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Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
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