Janus Henderson Group PLC lowered its stake in Nautilus, Inc. (NYSE:NLS) by 0.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,114,324 shares of the specialty retailer’s stock after selling 10,155 shares during the quarter. Janus Henderson Group PLC owned about 3.74% of Nautilus worth $15,545,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Citadel Advisors LLC lifted its stake in Nautilus by 52.2% in the 2nd quarter. Citadel Advisors LLC now owns 276,310 shares of the specialty retailer’s stock worth $4,338,000 after purchasing an additional 94,749 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Nautilus by 2.4% in the 1st 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 in the last quarter. Summit Global Investments purchased a new stake in Nautilus in the 2nd quarter worth $683,000. LSV Asset Management lifted its stake in Nautilus by 11.3% in the 2nd quarter. LSV Asset Management now owns 465,023 shares of the specialty retailer’s stock worth $7,300,000 after purchasing an additional 47,100 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in Nautilus by 132.3% in the 3rd quarter. Bank of Montreal Can now owns 26,486 shares of the specialty retailer’s stock worth $370,000 after purchasing an additional 15,083 shares in the last quarter. Institutional investors and hedge funds own 95.88% of the company’s stock.
Shares of NYSE NLS opened at $12.03 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.35 and a current ratio of 1.93. The stock has a market cap of $357.74 million, a PE ratio of 13.67, a price-to-earnings-growth ratio of 1.17 and a beta of 1.18. Nautilus, Inc. has a 12-month low of $10.82 and a 12-month high of $17.20.
Nautilus (NYSE:NLS) last announced its earnings results on Monday, October 29th. The specialty retailer reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.02). The business had revenue of $91.10 million for the quarter, compared to analysts’ expectations of $94.12 million. Nautilus had a net margin of 5.31% and a return on equity of 11.91%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.27 earnings per share. As a group, sell-side analysts expect that Nautilus, Inc. will post 1.03 EPS for the current year.
Several analysts have commented on NLS shares. ValuEngine upgraded shares of Nautilus from a “sell” rating to a “hold” rating in a research note on Wednesday, November 21st. Imperial Capital decreased their price target on shares of Nautilus to $12.00 and set an “in-line” rating on the stock in a research note on Tuesday, October 30th. Finally, B. Riley boosted their price target on shares of Nautilus from $19.50 to $21.00 and gave the stock a “buy” rating in a research note on Friday, August 24th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. Nautilus presently has an average rating of “Hold” and an average target price of $16.50.
In other news, CEO Bruce M. Cazenave sold 16,600 shares of the company’s stock in a transaction dated Tuesday, September 25th. The shares were sold at an average price of $14.01, for a total transaction of $232,566.00. Following the sale, the chief executive officer now directly owns 382,094 shares in the company, valued at approximately $5,353,136.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Anne Saunders sold 4,500 shares of the company’s stock in a transaction dated Friday, November 30th. The shares were sold at an average price of $12.87, for a total transaction of $57,915.00. Following the sale, the director now owns 11,120 shares in the company, valued at $143,114.40. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by corporate insiders.
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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