Wasatch Advisors LP cut its stake in Nature's Sunshine Products, Inc. (NASDAQ:NATR - Free Report) by 31.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 479,275 shares of the company's stock after selling 216,909 shares during the period. Wasatch Advisors LP owned 2.59% of Nature's Sunshine Products worth $7,026,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new stake in Nature's Sunshine Products during the 4th quarter worth about $41,000. Amundi bought a new stake in Nature's Sunshine Products in the fourth quarter worth approximately $63,000. Wells Fargo & Company MN lifted its stake in Nature's Sunshine Products by 28.8% in the fourth quarter. Wells Fargo & Company MN now owns 7,209 shares of the company's stock valued at $106,000 after buying an additional 1,611 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Nature's Sunshine Products during the 4th quarter worth approximately $200,000. Finally, Franklin Resources Inc. increased its stake in shares of Nature's Sunshine Products by 4.3% in the 3rd quarter. Franklin Resources Inc. now owns 20,744 shares of the company's stock valued at $270,000 after acquiring an additional 856 shares in the last quarter. Institutional investors own 79.40% of the company's stock.
Nature's Sunshine Products Stock Up 3.3 %
NATR stock traded up $0.38 during mid-day trading on Tuesday, reaching $11.74. 21,276 shares of the company traded hands, compared to its average volume of 48,312. The stock has a market cap of $216.91 million, a price-to-earnings ratio of 13.27 and a beta of 1.06. Nature's Sunshine Products, Inc. has a fifty-two week low of $10.81 and a fifty-two week high of $19.92. The firm's 50 day moving average price is $13.10 and its 200 day moving average price is $14.12.
Wall Street Analysts Forecast Growth
Separately, DA Davidson raised shares of Nature's Sunshine Products to a "strong-buy" rating in a research report on Monday, April 14th.
Check Out Our Latest Stock Analysis on Nature's Sunshine Products
About Nature's Sunshine Products
(
Free Report)
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.
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