Alliancebernstein L.P. reduced its stake in shares of Nautilus Group, Inc. (The) (NYSE:NLS) by 11.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,900 shares of the specialty retailer’s stock after selling 4,700 shares during the period. Alliancebernstein L.P.’s holdings in Nautilus Group, Inc. (The) were worth $655,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of NLS. Northpointe Capital LLC increased its stake in shares of Nautilus Group, Inc. (The) by 38.8% in the first quarter. Northpointe Capital LLC now owns 1,047,589 shares of the specialty retailer’s stock valued at $19,118,000 after buying an additional 292,696 shares in the last quarter. Punch & Associates Investment Management Inc. increased its stake in shares of Nautilus Group, Inc. (The) by 0.7% in the first quarter. Punch & Associates Investment Management Inc. now owns 798,442 shares of the specialty retailer’s stock valued at $14,572,000 after buying an additional 5,700 shares in the last quarter. State Street Corp increased its stake in shares of Nautilus Group, Inc. (The) by 5.1% in the fourth quarter. State Street Corp now owns 653,763 shares of the specialty retailer’s stock valued at $12,095,000 after buying an additional 31,917 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Nautilus Group, Inc. (The) by 18.8% in the first quarter. Stifel Financial Corp now owns 429,306 shares of the specialty retailer’s stock valued at $7,865,000 after buying an additional 67,852 shares in the last quarter. Finally, Eagle Asset Management Inc. increased its stake in shares of Nautilus Group, Inc. (The) by 36.1% in the first quarter. Eagle Asset Management Inc. now owns 409,832 shares of the specialty retailer’s stock valued at $7,479,000 after buying an additional 108,808 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.

Nautilus Group, Inc. (NYSE NLS) opened at 16.70 on Monday. The firm’s 50-day moving average price is $18.12 and its 200-day moving average price is $17.60. The firm has a market cap of $513.59 million, a P/E ratio of 18.07 and a beta of 2.05. Nautilus Group, Inc. has a 1-year low of $14.27 and a 1-year high of $24.99.

Nautilus Group, Inc. (The) (NYSE:NLS) last released its quarterly earnings results on Monday, July 31st. The specialty retailer reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by $0.01. Nautilus Group, Inc. (The) had a return on equity of 17.22% and a net margin of 7.25%. The business had revenue of $77 million during the quarter, compared to the consensus estimate of $77.71 million. During the same quarter in the previous year, the business posted $0.12 earnings per share. The firm’s revenue was down 1.9% on a year-over-year basis. Equities research analysts anticipate that Nautilus Group, Inc. will post $1.12 earnings per share for the current fiscal year.

Nautilus Group, Inc. (The) declared that its board has authorized a stock buyback program on Monday, May 1st that allows the company to repurchase $15.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to purchase up to 2.8% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

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NLS has been the subject of several research reports. Zacks Investment Research upgraded Nautilus Group, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, May 4th. Imperial Capital raised their target price on Nautilus Group, Inc. (The) from $20.00 to $21.00 and gave the company an “outperform” rating in a research note on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $21.75.

In other Nautilus Group, Inc. (The) news, Director Ronald P. Badie sold 5,500 shares of the stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $18.90, for a total value of $103,950.00. Following the transaction, the director now directly owns 40,826 shares in the company, valued at $771,611.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director M Carl Johnson III sold 4,550 shares of the stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $18.41, for a total transaction of $83,765.50. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by company insiders.

Nautilus Group, Inc. (The) Company 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.

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

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