Nautilus Group, Inc. (The) (NYSE:NLS) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. reduced its stake in Nautilus Group, Inc. (The) (NYSE:NLS) by 5.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 362,227 shares of the specialty retailer’s stock after selling 20,196 shares during the period. Ameriprise Financial Inc. owned 1.18% of Nautilus Group, Inc. (The) worth $6,937,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. State of Alaska Department of Revenue increased its stake in Nautilus Group, Inc. (The) by 78.5% in the second quarter. State of Alaska Department of Revenue now owns 6,014 shares of the specialty retailer’s stock valued at $115,000 after purchasing an additional 2,644 shares during the last quarter. Mason Street Advisors LLC increased its stake in Nautilus Group, Inc. (The) by 5.5% in the first quarter. Mason Street Advisors LLC now owns 7,179 shares of the specialty retailer’s stock valued at $131,000 after purchasing an additional 377 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its stake in Nautilus Group, Inc. (The) by 2.4% in the second quarter. Municipal Employees Retirement System of Michigan now owns 7,260 shares of the specialty retailer’s stock valued at $139,000 after purchasing an additional 170 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in Nautilus Group, Inc. (The) by 36.8% in the second quarter. BNP Paribas Arbitrage SA now owns 12,553 shares of the specialty retailer’s stock valued at $240,000 after purchasing an additional 3,379 shares during the last quarter. Finally, TD Asset Management Inc. increased its stake in Nautilus Group, Inc. (The) by 22.0% in the second quarter. TD Asset Management Inc. now owns 16,100 shares of the specialty retailer’s stock valued at $308,000 after purchasing an additional 2,900 shares during the last quarter. Institutional investors own 94.16% of the company’s stock.



WARNING: This piece was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this piece can be accessed at https://www.dispatchtribunal.com/2017/10/28/ameriprise-financial-inc-has-6-94-million-position-in-nautilus-group-inc-the-nls.html.

Nautilus Group, Inc. (NYSE:NLS) opened at 16.05 on Friday. The stock has a market capitalization of $494.12 million, a price-to-earnings ratio of 17.37 and a beta of 2.13. Nautilus Group, Inc. has a 12 month low of $14.28 and a 12 month high of $19.80. The stock’s 50 day moving average is $16.88 and its 200-day moving average is $17.58.

Nautilus Group, Inc. (The) (NYSE:NLS) last issued its quarterly earnings results on Monday, July 31st. The specialty retailer reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.01). Nautilus Group, Inc. (The) had a net margin of 7.25% and a return on equity of 17.22%. The firm had revenue of $77.00 million during the quarter, compared to the consensus estimate of $77.71 million. During the same quarter last year, the firm posted $0.12 earnings per share. Nautilus Group, Inc. (The)’s revenue was down 1.9% compared to the same quarter last year. On average, equities research analysts expect that Nautilus Group, Inc. will post $1.12 earnings per share for the current year.

In related news, Director Richard A. Horn sold 7,500 shares of the company’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $16.70, for a total transaction of $125,250.00. Following the completion of the transaction, the director now directly owns 41,626 shares in the company, valued at approximately $695,154.20. The sale was disclosed in a document filed with the SEC, which is available through this link. 3.70% of the stock is owned by corporate insiders.

Several equities analysts have commented on the stock. Zacks Investment Research lowered shares of Nautilus Group, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. DA Davidson reiterated a “buy” rating and issued a $22.00 price target on shares of Nautilus Group, Inc. (The) in a research note on Wednesday, August 16th. B. Riley reiterated a “buy” rating and issued a $22.00 price target on shares of Nautilus Group, Inc. (The) in a research note on Tuesday, September 5th. Finally, Aegis assumed coverage on shares of Nautilus Group, Inc. (The) in a research note on Monday, September 11th. They issued a “buy” rating and a $21.00 price target on the stock. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $22.67.

Nautilus Group, Inc. (The) Profile

Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. Its principal business activities include designing, developing, sourcing and marketing of cardio and strength fitness products and related accessories for consumer use, primarily in the United States and Canada, but also in international markets outside North America.

Institutional Ownership by Quarter for Nautilus Group, Inc. (The) (NYSE:NLS)

Receive News & Ratings for Nautilus Group Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nautilus Group Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply