Natural Health Trends (NASDAQ:NHTC) Stock Rating Lowered by StockNews.com

StockNews.com cut shares of Natural Health Trends (NASDAQ:NHTC) from a buy rating to a hold rating in a research report released on Monday morning.

Natural Health Trends Stock Performance

Shares of NHTC opened at $6.70 on Monday. The stock has a fifty day moving average of $6.29 and a two-hundred day moving average of $5.80. The company has a market capitalization of $77.18 million, a PE ratio of 134.03 and a beta of 0.83. Natural Health Trends has a fifty-two week low of $4.61 and a fifty-two week high of $6.98.

Natural Health Trends (NASDAQ:NHTC) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.03 earnings per share for the quarter. Natural Health Trends had a return on equity of 1.27% and a net margin of 1.29%. The company had revenue of $10.94 million during the quarter.

Natural Health Trends Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Tuesday, February 20th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, February 16th. This represents a $0.80 annualized dividend and a dividend yield of 11.94%. Natural Health Trends’s dividend payout ratio is presently 1,600.32%.

Institutional Trading of Natural Health Trends

Several institutional investors have recently made changes to their positions in NHTC. Acadian Asset Management LLC grew its stake in shares of Natural Health Trends by 17.3% during the 1st quarter. Acadian Asset Management LLC now owns 57,813 shares of the company’s stock valued at $408,000 after buying an additional 8,529 shares during the period. State Street Corp boosted its position in Natural Health Trends by 14.1% during the 1st quarter. State Street Corp now owns 29,014 shares of the company’s stock worth $205,000 after purchasing an additional 3,592 shares during the period. Citadel Advisors LLC purchased a new stake in Natural Health Trends during the 3rd quarter worth $47,000. Dimensional Fund Advisors LP boosted its position in Natural Health Trends by 13.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 50,733 shares of the company’s stock worth $278,000 after purchasing an additional 5,851 shares during the period. Finally, BlackRock Inc. boosted its position in Natural Health Trends by 3.1% during the 2nd quarter. BlackRock Inc. now owns 116,455 shares of the company’s stock worth $644,000 after purchasing an additional 3,510 shares during the period. 10.13% of the stock is owned by hedge funds and other institutional investors.

Natural Health Trends Company Profile

Natural Health Trends Corp., a direct-selling and e-commerce company, provides personal care, wellness, and lifestyle products under the NHT Global brand. The company offers wellness products, including liquid, encapsulated, tableted, and powder dietary and nutritional supplements, as well as vitamins and minerals; and herbal products comprising herbal supplements.