Henderson Group PLC bought a new position in shares of Nautilus Inc. (NYSE:NLS) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 486,828 shares of the company’s stock, valued at approximately $8,685,000.
Other large investors also recently made changes to their positions in the company. Boothbay Fund Management LLC raised its stake in shares of Nautilus by 22.9% in the first quarter. Boothbay Fund Management LLC now owns 47,891 shares of the company’s stock worth $925,000 after buying an additional 8,935 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Nautilus by 2.1% in the first quarter. JPMorgan Chase & Co. now owns 587,200 shares of the company’s stock worth $11,345,000 after buying an additional 12,100 shares during the last quarter. Strs Ohio raised its stake in shares of Nautilus by 45.9% in the second quarter. Strs Ohio now owns 38,800 shares of the company’s stock worth $692,000 after buying an additional 12,200 shares during the last quarter. Copper Rock Capital Partners LLC raised its stake in shares of Nautilus by 1.6% in the second quarter. Copper Rock Capital Partners LLC now owns 1,079,599 shares of the company’s stock worth $19,260,000 after buying an additional 16,815 shares during the last quarter. Finally, Adams Diversified Equity Fund Inc. bought a new stake in shares of Nautilus during the second quarter worth $435,000. 85.69% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Nautilus Inc. (NYSE:NLS) traded up 0.10% on Monday, reaching $20.80. 251,119 shares of the company’s stock traded hands. The company has a market cap of $647.00 million, a PE ratio of 22.83 and a beta of 2.18. Nautilus Inc. has a 12-month low of $16.14 and a 12-month high of $24.99. The stock has a 50-day moving average price of $23.04 and a 200-day moving average price of $20.18.
Nautilus (NYSE:NLS) last posted its quarterly earnings results on Monday, August 1st. The company reported $0.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.03. The company had revenue of $78.50 million for the quarter, compared to the consensus estimate of $77.83 million. Nautilus had a net margin of 7.49% and a return on equity of 24.07%. The firm’s revenue was up 31.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.07 EPS. Equities research analysts anticipate that Nautilus Inc. will post $1.14 EPS for the current fiscal year.
Several equities research analysts recently commented on the stock. B. Riley lowered shares of Nautilus to a “neutral” rating and set a $23.00 price objective on the stock. in a research note on Saturday, October 1st. Imperial Capital boosted their price objective on shares of Nautilus from $24.00 to $26.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 3rd. Zacks Investment Research lowered shares of Nautilus from a “buy” rating to a “sell” rating in a research note on Wednesday, July 13th. Wunderlich reissued a “buy” rating and set a $24.00 price objective on shares of Nautilus in a research note on Tuesday, August 2nd. Finally, DA Davidson reissued a “buy” rating and set a $28.00 price objective on shares of Nautilus in a research note on Thursday, September 29th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $24.86.
In other Nautilus news, VP Jeffery Lynn Collins sold 4,166 shares of the stock in a transaction dated Friday, August 19th. The shares were sold at an average price of $21.30, for a total transaction of $88,735.80. Following the transaction, the vice president now directly owns 4,278 shares in the company, valued at approximately $91,121.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Marvin G. Siegert sold 7,000 shares of the stock in a transaction dated Friday, August 19th. The stock was sold at an average price of $21.28, for a total transaction of $148,960.00. The disclosure for this sale can be found here. 3.40% of the stock is currently owned by corporate insiders.
Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. The Direct segment offers products directly to consumers through television advertising, catalogs and the Internet. The Retail segment offers its products through a network of independent retail companies with stores and Websites located in the United States and internationally.
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