Chicago Equity Partners LLC decreased its position in shares of USANA Health Sciences, Inc. (NYSE:USNA) by 53.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,025 shares of the company’s stock after selling 6,860 shares during the quarter. Chicago Equity Partners LLC’s holdings in USANA Health Sciences were worth $695,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of USNA. BlackRock Inc. boosted its holdings in USANA Health Sciences by 16.0% in the second quarter. BlackRock Inc. now owns 962,366 shares of the company’s stock valued at $110,961,000 after acquiring an additional 133,076 shares during the last quarter. GSA Capital Partners LLP boosted its holdings in USANA Health Sciences by 59.7% in the second quarter. GSA Capital Partners LLP now owns 59,249 shares of the company’s stock valued at $6,831,000 after acquiring an additional 22,146 shares during the last quarter. Swiss National Bank boosted its holdings in USANA Health Sciences by 6.6% in the second quarter. Swiss National Bank now owns 20,900 shares of the company’s stock valued at $2,410,000 after acquiring an additional 1,300 shares during the last quarter. Systematic Financial Management LP bought a new stake in USANA Health Sciences in the second quarter valued at approximately $1,445,000. Finally, Trexquant Investment LP bought a new stake in USANA Health Sciences in the second quarter valued at approximately $555,000. 56.38% of the stock is owned by institutional investors and hedge funds.
In other USANA Health Sciences news, major shareholder Global Ltd Gull purchased 10,396 shares of the business’s stock in a transaction on Tuesday, December 11th. The shares were purchased at an average cost of $70.70 per share, for a total transaction of $734,997.20. Following the acquisition, the insider now owns 10,921,009 shares of the company’s stock, valued at $772,115,336.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Robert A. Sinnott sold 14,741 shares of the stock in a transaction that occurred on Friday, August 17th. The stock was sold at an average price of $129.05, for a total value of $1,902,326.05. Following the transaction, the insider now owns 7,211 shares in the company, valued at $930,579.55. The disclosure for this sale can be found here. Over the last 90 days, insiders have acquired 19,117 shares of company stock worth $1,349,965 and have sold 956,575 shares worth $122,692,050. 53.20% of the stock is currently owned by corporate insiders.
USANA Health Sciences stock opened at $123.50 on Friday. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 30.42 and a beta of 0.64. USANA Health Sciences, Inc. has a 52-week low of $55.50 and a 52-week high of $137.95.
USANA Health Sciences (NYSE:USNA) last posted its quarterly earnings results on Tuesday, July 24th. The company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.25. The firm had revenue of $301.50 million for the quarter, compared to analysts’ expectations of $278.41 million. USANA Health Sciences had a return on equity of 29.50% and a net margin of 7.16%. The company’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.98 EPS. sell-side analysts anticipate that USANA Health Sciences, Inc. will post 4.9 earnings per share for the current fiscal year.
Separately, Pivotal Research restated a “hold” rating and set a $135.00 price target on shares of USANA Health Sciences in a report on Wednesday, July 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $135.00.
About USANA Health Sciences
USANA Health Sciences, Inc develops, manufactures, and sells science-based nutritional and personal care products primarily to reduce the risk of chronic degenerative disease. The company offers USANA nutritional products that comprise essentials/CellSentials, such as vitamin and mineral supplements that provide a foundation of total body nutrition for various age groups; optimizers comprising targeted supplements that are designed to meet cardiovascular, skeletal/structural, and digestive health needs; and foods that include low-glycemic meal replacement shakes, snack bars, and other related products, which provide macro-nutrition.
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