Royal Bank of Canada decreased its stake in shares of Nautilus Group, Inc. (The) (NYSE:NLS) by 9.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,578 shares of the specialty retailer’s stock after selling 911 shares during the quarter. Royal Bank of Canada’s holdings in Nautilus Group, Inc. (The) were worth $164,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of NLS. State of Alaska Department of Revenue increased its holdings in Nautilus Group, Inc. (The) by 78.5% during the 2nd quarter. State of Alaska Department of Revenue now owns 6,014 shares of the specialty retailer’s stock worth $115,000 after purchasing an additional 2,644 shares during the period. Municipal Employees Retirement System of Michigan increased its holdings in Nautilus Group, Inc. (The) by 2.4% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,260 shares of the specialty retailer’s stock worth $139,000 after purchasing an additional 170 shares during the period. Citigroup Inc. increased its holdings in Nautilus Group, Inc. (The) by 3,252.1% during the 2nd quarter. Citigroup Inc. now owns 7,341 shares of the specialty retailer’s stock worth $141,000 after purchasing an additional 7,122 shares during the period. UBS Asset Management Americas Inc. purchased a new stake in Nautilus Group, Inc. (The) during the 2nd quarter worth about $193,000. Finally, BNP Paribas Arbitrage SA increased its holdings in Nautilus Group, Inc. (The) by 36.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 12,553 shares of the specialty retailer’s stock worth $240,000 after purchasing an additional 3,379 shares during the period. Institutional investors own 99.07% of the company’s stock.

In other news, CEO Bruce M. Cazenave sold 5,350 shares of the stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $12.66, for a total value of $67,731.00. Following the transaction, the chief executive officer now owns 372,876 shares in the company, valued at approximately $4,720,610.16. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Wayne M. Bolio sold 16,190 shares of the stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $12.84, for a total value of $207,879.60. Following the completion of the transaction, the senior vice president now owns 60,189 shares in the company, valued at approximately $772,826.76. The disclosure for this sale can be found here. Corporate insiders own 3.70% of the company’s stock.

Several equities research analysts have weighed in on NLS shares. Zacks Investment Research downgraded Nautilus Group, Inc. (The) from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. DA Davidson upgraded Nautilus Group, Inc. (The) from a “neutral” rating to a “buy” rating and upped their price target for the stock from $19.00 to $22.00 in a report on Wednesday, August 9th. B. Riley restated a “buy” rating and set a $22.00 price target on shares of Nautilus Group, Inc. (The) in a report on Tuesday, September 5th. Aegis began coverage on Nautilus Group, Inc. (The) in a report on Monday, September 11th. They set a “buy” rating and a $21.00 price target on the stock. Finally, SunTrust Banks, Inc. downgraded Nautilus Group, Inc. (The) from a “buy” rating to a “hold” rating and set a $16.00 price objective on the stock. in a report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.96.

Nautilus Group, Inc. (NYSE:NLS) traded down $0.10 on Friday, hitting $13.15. The stock had a trading volume of 89,451 shares, compared to its average volume of 623,173. Nautilus Group, Inc. has a fifty-two week low of $12.25 and a fifty-two week high of $19.80. The stock has a market cap of $406.87, a P/E ratio of 13.38, a P/E/G ratio of 1.44 and a beta of 2.12. The company has a current ratio of 2.02, a quick ratio of 1.38 and a debt-to-equity ratio of 0.20.

Nautilus Group, Inc. (The) (NYSE:NLS) last released its quarterly earnings data on Monday, October 30th. The specialty retailer reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. Nautilus Group, Inc. (The) had a return on equity of 18.54% and a net margin of 7.28%. The business had revenue of $88.10 million for the quarter, compared to the consensus estimate of $92.29 million. During the same quarter in the prior year, the business posted $0.16 EPS. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. analysts forecast that Nautilus Group, Inc. will post 0.92 EPS for the current year.

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About Nautilus Group, Inc. (The)

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)

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