LSV Asset Management Acquires 31,914 Shares of Natural Health Trends Corp. (NHTC)
LSV Asset Management raised its holdings in shares of Natural Health Trends Corp. (NASDAQ:NHTC) by 483.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,514 shares of the company’s stock after acquiring an additional 31,914 shares during the quarter. LSV Asset Management owned approximately 0.34% of Natural Health Trends Corp. worth $1,072,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also bought and sold shares of the business. Schwab Charles Investment Management Inc. increased its holdings in Natural Health Trends Corp. by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 26,348 shares of the company’s stock valued at $734,000 after acquiring an additional 152 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Natural Health Trends Corp. by 35.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 23,322 shares of the company’s stock valued at $650,000 after acquiring an additional 6,109 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan purchased a new position in Natural Health Trends Corp. during the 2nd quarter valued at about $517,000. Hedge funds and other institutional investors own 33.84% of the company’s stock.
Separately, BidaskClub downgraded shares of Natural Health Trends Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th.
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Natural Health Trends Corp. (NASDAQ NHTC) opened at 22.61 on Friday. The firm’s 50-day moving average is $20.54 and its 200 day moving average is $26.16. Natural Health Trends Corp. has a 12-month low of $18.05 and a 12-month high of $30.45. The stock has a market capitalization of $254.48 million, a P/E ratio of 4.86 and a beta of 1.94.
Natural Health Trends Corp. (NASDAQ:NHTC) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.91 earnings per share for the quarter. Natural Health Trends Corp. had a net margin of 21.42% and a return on equity of 62.56%. The company had revenue of $51.47 million during the quarter.
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Shareholders of record on Monday, August 21st were issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.95%. This is an increase from Natural Health Trends Corp.’s previous quarterly dividend of $0.10. The ex-dividend date was Thursday, August 17th. Natural Health Trends Corp.’s dividend payout ratio is presently 9.44%.
Natural Health Trends Corp. Profile
Natural Health Trends Corp. is a direct-selling and e-commerce company. The Company, through its subsidiaries, sells personal care, wellness, and quality of life products under the NHT Global brand. The Company’s subsidiaries have presence in various markets, such as North America; Greater China, which consists of Hong Kong, Taiwan and China; South Korea; Singapore; Malaysia; Japan; and Europe.
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