Heron Bay Capital Management Sells 5,566 Shares of Nature’s Sunshine Products, Inc. (NASDAQ:NATR)

Heron Bay Capital Management cut its stake in shares of Nature’s Sunshine Products, Inc. (NASDAQ:NATR) by 27.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,502 shares of the company’s stock after selling 5,566 shares during the quarter. Heron Bay Capital Management owned approximately 0.08% of Nature’s Sunshine Products worth $219,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of NATR. XTX Topco Ltd acquired a new position in shares of Nature’s Sunshine Products during the second quarter valued at about $180,000. Renaissance Technologies LLC increased its position in Nature’s Sunshine Products by 1.9% in the 2nd quarter. Renaissance Technologies LLC now owns 559,797 shares of the company’s stock valued at $8,436,000 after buying an additional 10,700 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Nature’s Sunshine Products by 4.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 786,966 shares of the company’s stock worth $11,860,000 after buying an additional 34,996 shares during the period. American Century Companies Inc. boosted its holdings in Nature’s Sunshine Products by 25.7% in the second quarter. American Century Companies Inc. now owns 260,479 shares of the company’s stock worth $3,925,000 after acquiring an additional 53,221 shares in the last quarter. Finally, Panagora Asset Management Inc. grew its stake in Nature’s Sunshine Products by 8.3% in the second quarter. Panagora Asset Management Inc. now owns 70,338 shares of the company’s stock valued at $1,060,000 after acquiring an additional 5,392 shares during the period. 79.40% of the stock is owned by institutional investors.

Nature’s Sunshine Products Trading Down 2.4 %

Shares of Nature’s Sunshine Products stock opened at $13.56 on Friday. The company has a market capitalization of $253.98 million, a P/E ratio of 15.95 and a beta of 0.87. The stock has a fifty day simple moving average of $14.33 and a 200 day simple moving average of $16.22. Nature’s Sunshine Products, Inc. has a 12-month low of $10.81 and a 12-month high of $21.72.

Nature’s Sunshine Products (NASDAQ:NATR) last posted its earnings results on Thursday, August 8th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.18). Nature’s Sunshine Products had a return on equity of 9.79% and a net margin of 3.50%. The firm had revenue of $110.55 million during the quarter.

Wall Street Analysts Forecast Growth

NATR has been the topic of a number of research reports. Canaccord Genuity Group began coverage on Nature’s Sunshine Products in a research report on Friday, September 13th. They set a “buy” rating and a $18.00 target price on the stock. Canaccord Genuity Group started coverage on shares of Nature’s Sunshine Products in a report on Friday, September 13th. They set a “buy” rating and a $18.00 price objective on the stock. StockNews.com raised shares of Nature’s Sunshine Products from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 10th. Finally, DA Davidson decreased their target price on shares of Nature’s Sunshine Products from $23.00 to $21.00 and set a “buy” rating for the company in a research report on Monday, August 12th.

Nature’s Sunshine Products Profile

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.