Natural Health Trends (NASDAQ:NHTC) Downgraded by StockNews.com

StockNews.com lowered shares of Natural Health Trends (NASDAQ:NHTC) from a buy rating to a hold rating in a report published on Monday.

Natural Health Trends Price Performance

NHTC opened at $6.65 on Monday. The company has a market cap of $76.61 million, a price-to-earnings ratio of 133.03 and a beta of 0.83. The firm has a 50 day simple moving average of $6.28 and a 200 day simple moving average of $5.80. 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 posted its quarterly earnings results on Wednesday, February 7th. The company reported $0.03 earnings per share for the quarter. The business had revenue of $10.94 million during the quarter. Natural Health Trends had a net margin of 1.29% and a return on equity of 1.27%.

Natural Health Trends Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Tuesday, February 20th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 12.03%. The ex-dividend date was Friday, February 16th. Natural Health Trends’s payout ratio is presently 1,600.32%.

Institutional Investors Weigh In On Natural Health Trends

Several large investors have recently bought and sold shares of NHTC. Citadel Advisors LLC bought a new stake in Natural Health Trends in the third quarter valued at approximately $47,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Natural Health Trends in the second quarter valued at approximately $65,000. Acadian Asset Management LLC increased its stake in Natural Health Trends by 17.3% in the first quarter. Acadian Asset Management LLC now owns 57,813 shares of the company’s stock valued at $408,000 after purchasing an additional 8,529 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Natural Health Trends by 13.0% in the second quarter. Dimensional Fund Advisors LP now owns 50,733 shares of the company’s stock valued at $278,000 after purchasing an additional 5,851 shares in the last quarter. Finally, State Street Corp increased its stake in Natural Health Trends by 14.1% in the first quarter. State Street Corp now owns 29,014 shares of the company’s stock valued at $205,000 after purchasing an additional 3,592 shares in the last quarter. Institutional investors own 10.13% of the company’s stock.

About Natural Health Trends

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.