Nature’s Sunshine Products (NASDAQ:NATR) Rating Lowered to Buy at StockNews.com

StockNews.com lowered shares of Nature’s Sunshine Products (NASDAQ:NATR) from a strong-buy rating to a buy rating in a research report released on Monday.

Separately, DA Davidson decreased their price objective on shares of Nature’s Sunshine Products from $23.00 to $21.00 and set a buy rating on the stock in a research note on Monday, August 12th.

Nature’s Sunshine Products Stock Down 0.1 %

Shares of NATR opened at $13.73 on Monday. Nature’s Sunshine Products has a 12 month low of $10.81 and a 12 month high of $21.72. The stock has a market cap of $257.16 million, a price-to-earnings ratio of 16.15 and a beta of 0.87. The company has a 50-day moving average price of $14.67 and a two-hundred day moving average price of $16.58.

Nature’s Sunshine Products (NASDAQ:NATR) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.18). The company had revenue of $110.55 million during the quarter. Nature’s Sunshine Products had a net margin of 3.50% and a return on equity of 9.79%.

Institutional Trading of Nature’s Sunshine Products

Several large investors have recently made changes to their positions in the business. Paradigm Capital Management Inc. NY grew its holdings in Nature’s Sunshine Products by 26.8% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 695,079 shares of the company’s stock worth $10,475,000 after acquiring an additional 146,879 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Nature’s Sunshine Products in the second quarter valued at approximately $180,000. Renaissance Technologies LLC raised its position in Nature’s Sunshine Products by 1.9% in the 2nd quarter. Renaissance Technologies LLC now owns 559,797 shares of the company’s stock worth $8,436,000 after purchasing an additional 10,700 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Nature’s Sunshine Products by 4.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 786,966 shares of the company’s stock worth $11,860,000 after buying an additional 34,996 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in Nature’s Sunshine Products by 25.7% during the 2nd quarter. American Century Companies Inc. now owns 260,479 shares of the company’s stock worth $3,925,000 after buying an additional 53,221 shares in the last quarter. Institutional investors own 79.40% of the company’s stock.

About Nature’s Sunshine Products

Nature's Sunshine Products, Inc, a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally. It offers general health products related to blood sugar support, bone health, cellular health, cognitive function, joint health, mood, sexual health, sleep, sports and energy, and vision.