TIAA CREF Investment Management LLC lowered its stake in shares of Nautilus Group, Inc. (The) (NYSE:NLS) by 5.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,622 shares of the specialty retailer’s stock after selling 5,207 shares during the period. TIAA CREF Investment Management LLC’s holdings in Nautilus Group, Inc. (The) were worth $1,508,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in NLS. Teton Advisors Inc. raised its stake in Nautilus Group, Inc. (The) by 24.7% in the first quarter. Teton Advisors Inc. now owns 106,031 shares of the specialty retailer’s stock valued at $1,935,000 after buying an additional 21,000 shares during the last quarter. Comerica Bank raised its stake in Nautilus Group, Inc. (The) by 3.0% in the first quarter. Comerica Bank now owns 34,077 shares of the specialty retailer’s stock valued at $630,000 after buying an additional 987 shares during the last quarter. Essex Investment Management Co. LLC raised its stake in Nautilus Group, Inc. (The) by 22.3% in the first quarter. Essex Investment Management Co. LLC now owns 78,096 shares of the specialty retailer’s stock valued at $1,425,000 after buying an additional 14,264 shares during the last quarter. Punch & Associates Investment Management Inc. raised its stake in 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 during the last quarter. Finally, Northpointe Capital LLC raised its stake in 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 during the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Nautilus Group, Inc. (NYSE:NLS) remained flat at $17.15 during mid-day trading on Friday. 348,017 shares of the company’s stock were exchanged. The stock has a market capitalization of $527.98 million, a PE ratio of 18.56 and a beta of 2.05. The firm has a 50 day moving average of $18.00 and a 200-day moving average of $17.61. Nautilus Group, Inc. has a one year low of $14.28 and a one year high of $24.99.

Nautilus Group, Inc. (The) (NYSE:NLS) last issued its earnings results on Monday, July 31st. The specialty retailer reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by $0.01. The firm had revenue of $77 million during the quarter, compared to the consensus estimate of $77.71 million. Nautilus Group, Inc. (The) had a return on equity of 17.22% and a net margin of 7.25%. The firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period last year, the business earned $0.12 earnings per share. On average, equities research analysts expect that Nautilus Group, Inc. will post $1.12 EPS for the current fiscal year.

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

COPYRIGHT VIOLATION NOTICE: “TIAA CREF Investment Management LLC Sells 5,207 Shares of Nautilus Group, Inc. (The) (NYSE:NLS)” was published by Daily Political and is the property of of Daily Political. If you are accessing this story on another website, it was illegally stolen and republished in violation of US & international copyright and trademark law. The correct version of this story can be read at https://www.dailypolitical.com/2017/08/12/tiaa-cref-investment-management-llc-sells-5207-shares-of-nautilus-group-inc-the-nysenls.html.

Several analysts have weighed in on the stock. Imperial Capital boosted their target price on shares of 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. Zacks Investment Research upgraded shares of Nautilus Group, Inc. (The) from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Wednesday, May 10th. Finally, DA Davidson upgraded shares of Nautilus Group, Inc. (The) from a “neutral” rating to a “buy” rating and boosted their target price for the company from $19.00 to $22.00 in a research note on Wednesday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $22.08.

In related news, Director M Carl Johnson III sold 4,550 shares of the firm’s stock in a transaction on Friday, May 19th. The stock was sold at an average price of $18.41, for a total value of $83,765.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.70% of the stock is 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.

Want to see what other hedge funds are holding NLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nautilus Group, Inc. (The) (NYSE:NLS).

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.