Sii Investments Inc. WI Takes Position in GNC Holdings, Inc. (GNC)

Sii Investments Inc. WI bought a new stake in GNC Holdings, Inc. (NYSE:GNC) during the first quarter, according to its most recent filing with the SEC. The firm bought 19,000 shares of the specialty retailer’s stock, valued at approximately $140,000.

A number of other hedge funds also recently made changes to their positions in GNC. Capital Investment Counsel Inc increased its stake in shares of GNC Holdings by 2.7% in the first quarter. Capital Investment Counsel Inc now owns 33,675 shares of the specialty retailer’s stock valued at $248,000 after buying an additional 900 shares during the period. American International Group Inc. increased its stake in shares of GNC Holdings by 3.3% in the first quarter. American International Group Inc. now owns 42,261 shares of the specialty retailer’s stock valued at $311,000 after buying an additional 1,362 shares during the period. Tudor Investment Corp Et Al increased its stake in shares of GNC Holdings by 10.7% in the fourth quarter. Tudor Investment Corp Et Al now owns 20,800 shares of the specialty retailer’s stock valued at $230,000 after buying an additional 2,010 shares during the period. Canada Pension Plan Investment Board increased its stake in shares of GNC Holdings by 0.5% in the first quarter. Canada Pension Plan Investment Board now owns 629,400 shares of the specialty retailer’s stock valued at $4,632,000 after buying an additional 2,900 shares during the period. Finally, Commerzbank Aktiengesellschaft FI increased its stake in shares of GNC Holdings by 15.8% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 21,809 shares of the specialty retailer’s stock valued at $241,000 after buying an additional 2,978 shares during the period. Hedge funds and other institutional investors own 82.59% of the company’s stock.

Institutional Ownership by Quarter for GNC Holdings (NYSE:GNC)

GNC Holdings, Inc. (NYSE GNC) traded down 1.60% during trading on Tuesday, reaching $7.39. 995,830 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $7.36 and its 200-day moving average price is $8.78. GNC Holdings, Inc. has a 12 month low of $6.51 and a 12 month high of $28.11. The firm’s market cap is $505.45 million.

GNC Holdings (NYSE:GNC) last announced its quarterly earnings data on Tuesday, April 18th. The specialty retailer reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. The firm had revenue of $644.80 million during the quarter, compared to the consensus estimate of $623.03 million. GNC Holdings had a positive return on equity of 95.43% and a negative net margin of 12.45%. The business’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.69 EPS. On average, equities research analysts anticipate that GNC Holdings, Inc. will post $1.35 EPS for the current year.

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GNC has been the topic of a number of recent research reports. Vetr downgraded shares of GNC Holdings from a “strong-buy” rating to a “buy” rating and set a $10.12 price objective on the stock. in a report on Wednesday, April 19th. Zacks Investment Research upgraded shares of GNC Holdings from a “hold” rating to a “buy” rating and set a $8.50 price objective on the stock in a report on Tuesday. Odeon Capital Group LLC reiterated a “sell” rating on shares of GNC Holdings in a report on Tuesday, May 9th. Barclays PLC lifted their price objective on shares of GNC Holdings from $5.00 to $7.00 and gave the company an “underweight” rating in a report on Wednesday, April 19th. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $9.00 price objective on shares of GNC Holdings in a report on Wednesday, April 19th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $14.05.

In other news, EVP Tim Mantel purchased 15,000 shares of the business’s stock in a transaction dated Wednesday, May 24th. The stock was bought at an average price of $7.21 per share, for a total transaction of $108,150.00. Following the purchase, the executive vice president now owns 56,775 shares of the company’s stock, valued at $409,347.75. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alan D. Feldman purchased 36,400 shares of the business’s stock in a transaction dated Tuesday, May 16th. The shares were purchased at an average price of $6.87 per share, with a total value of $250,068.00. Following the purchase, the director now directly owns 47,337 shares in the company, valued at approximately $325,205.19. The disclosure for this purchase can be found here. Insiders have bought a total of 354,400 shares of company stock valued at $2,388,048 in the last quarter. 0.78% of the stock is owned by corporate insiders.

About GNC Holdings

GNC Holdings, Inc is a specialty retailer of health, wellness and performance products, which include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink and other general merchandise. The Company’s operations consist of purchasing raw materials, formulating and manufacturing products and selling the finished products.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “GNC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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