Millennium Management LLC lifted its position in shares of Nautilus, Inc. (NYSE:NLS) by 864.4% during the 4th quarter, Holdings Channel reports. The firm owned 421,035 shares of the specialty retailer’s stock after buying an additional 377,377 shares during the quarter. Millennium Management LLC’s holdings in Nautilus were worth $4,589,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. grew its holdings in shares of Nautilus by 1.9% during the fourth quarter. BlackRock Inc. now owns 4,471,941 shares of the specialty retailer’s stock worth $48,743,000 after purchasing an additional 85,461 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Nautilus by 1.5% during the third quarter. Dimensional Fund Advisors LP now owns 2,085,343 shares of the specialty retailer’s stock worth $29,091,000 after purchasing an additional 31,023 shares during the last quarter. Vanguard Group Inc grew its holdings in shares of Nautilus by 2.2% during the third quarter. Vanguard Group Inc now owns 1,828,189 shares of the specialty retailer’s stock worth $25,503,000 after purchasing an additional 39,456 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Nautilus by 2.2% during the third quarter. Vanguard Group Inc. now owns 1,828,189 shares of the specialty retailer’s stock worth $25,503,000 after purchasing an additional 39,456 shares during the last quarter. Finally, LSV Asset Management grew its holdings in shares of Nautilus by 87.8% during the fourth quarter. LSV Asset Management now owns 1,487,986 shares of the specialty retailer’s stock worth $16,219,000 after purchasing an additional 695,586 shares during the last quarter. Institutional investors own 97.06% of the company’s stock.
NLS has been the topic of several research reports. B. Riley cut Nautilus from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $21.00 to $10.00 in a report on Friday, January 18th. DA Davidson cut Nautilus from a “buy” rating to a “neutral” rating in a report on Friday, January 18th. Imperial Capital restated an “in-line” rating and set a $7.00 price target (down from $12.00) on shares of Nautilus in a report on Friday, January 18th. Craig Hallum cut Nautilus from a “buy” rating to a “hold” rating and set a $10.00 price target on the stock. in a report on Tuesday, February 26th. Finally, SunTrust Banks reduced their target price on Nautilus to $9.00 and set a “hold” rating on the stock in a report on Friday, January 18th. Two analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Nautilus has a consensus rating of “Hold” and a consensus price target of $9.88.
Shares of NLS stock opened at $5.63 on Tuesday. Nautilus, Inc. has a one year low of $5.31 and a one year high of $17.20. The company has a market capitalization of $166.00 million, a P/E ratio of 11.22, a P/E/G ratio of 1.84 and a beta of 0.76. The company has a current ratio of 1.67, a quick ratio of 1.07 and a debt-to-equity ratio of 0.09.
Nautilus (NYSE:NLS) last announced its earnings results on Monday, February 25th. The specialty retailer reported $0.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.01. Nautilus had a return on equity of 8.15% and a net margin of 3.69%. The business had revenue of $115.40 million for the quarter, compared to analysts’ expectations of $114.71 million. During the same period in the prior year, the business posted $0.27 earnings per share. The firm’s revenue was down 9.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Nautilus, Inc. will post 0.31 EPS for the current fiscal year.
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Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, ellipticals, bike products, strength products, home gyms, dumbbells, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
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