State Board of Administration of Florida Retirement System raised its stake in Nautilus Inc. (NYSE:NLS) by 1.4% during the second quarter, Holdings Channel reports. The fund owned 12,490 shares of the company’s stock after buying an additional 168 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Nautilus were worth $223,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NLS. Boothbay Fund Management LLC increased 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 valued at $925,000 after buying an additional 8,935 shares during the last quarter. JPMorgan Chase & Co. increased 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 valued at $11,345,000 after buying an additional 12,100 shares during the last quarter. Strs Ohio increased 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 valued at $692,000 after buying an additional 12,200 shares during the last quarter. Copper Rock Capital Partners LLC increased 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 valued at $19,260,000 after buying an additional 16,815 shares during the last quarter. Finally, DUPONT CAPITAL MANAGEMENT Corp increased its stake in shares of Nautilus by 25.0% in the second quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 84,358 shares of the company’s stock valued at $1,505,000 after buying an additional 16,867 shares during the last quarter. Institutional investors and hedge funds own 85.69% of the company’s stock.
Shares of Nautilus Inc. (NYSE:NLS) traded down 0.72% during trading on Tuesday, hitting $20.65. 18,037 shares of the company’s stock were exchanged. The company has a 50-day moving average of $22.99 and a 200-day moving average of $20.20. Nautilus Inc. has a 12-month low of $16.14 and a 12-month high of $24.99. The company has a market cap of $642.34 million, a P/E ratio of 22.67 and a beta of 2.18.
Nautilus (NYSE:NLS) last released its quarterly earnings data on Monday, August 1st. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.09 by $0.03. The business 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 business’s revenue for the quarter was up 31.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 EPS. On average, equities analysts expect that Nautilus Inc. will post $1.14 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. B. Riley downgraded shares of Nautilus to a “neutral” rating and set a $23.00 price objective on the stock. in a research report on Saturday, October 1st. Imperial Capital raised their price objective on shares of Nautilus from $24.00 to $26.00 and gave the company an “outperform” rating in a research report on Wednesday, August 3rd. Zacks Investment Research downgraded shares of Nautilus from a “buy” rating to a “sell” rating in a research report on Wednesday, July 13th. Wunderlich restated a “buy” rating and set a $24.00 price objective on shares of Nautilus in a research report on Tuesday, August 2nd. Finally, DA Davidson reiterated a “buy” rating and issued a $28.00 price target on shares of Nautilus in a report on Thursday, September 29th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Nautilus currently has a consensus rating of “Buy” and an average target price of $24.86.
In related news, Director Richard A. Horn sold 7,500 shares of the stock in a transaction on Monday, August 15th. The shares were sold at an average price of $21.50, for a total transaction of $161,250.00. Following the sale, the director now directly owns 35,802 shares of the company’s stock, valued at $769,743. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Jeffery Lynn Collins sold 4,166 shares of the stock in a transaction on Friday, August 19th. The stock was sold at an average price of $21.30, for a total transaction of $88,735.80. Following the sale, the vice president now directly owns 4,278 shares in the company, valued at $91,121.40. The disclosure for this sale can be found here. 3.40% of the stock is currently owned by 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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