StockNews.com Begins Coverage on Natural Alternatives International (NASDAQ:NAII)

Equities research analysts at StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report issued on Sunday. The brokerage set a “buy” rating on the stock.

Natural Alternatives International Stock Down 1.4 %

Shares of Natural Alternatives International stock opened at $4.10 on Friday. The firm has a market cap of $25.42 million, a price-to-earnings ratio of -3.18 and a beta of 0.62. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.70 and a quick ratio of 1.50. Natural Alternatives International has a 52-week low of $3.99 and a 52-week high of $7.26. The stock has a 50-day simple moving average of $4.21 and a 200-day simple moving average of $4.75.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings results on Friday, February 14th. The company reported ($0.37) earnings per share (EPS) for the quarter. The firm had revenue of $34.08 million for the quarter. Natural Alternatives International had a negative net margin of 6.26% and a negative return on equity of 9.36%.

Institutional Investors Weigh In On Natural Alternatives International

Several institutional investors and hedge funds have recently added to or reduced their stakes in NAII. Citadel Advisors LLC acquired a new stake in Natural Alternatives International in the 4th quarter worth approximately $61,000. Northern Trust Corp lifted its holdings in Natural Alternatives International by 54.3% in the 4th quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock worth $162,000 after purchasing an additional 13,238 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Natural Alternatives International by 6.9% in the 3rd quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock worth $258,000 after purchasing an additional 2,915 shares during the last quarter. Mink Brook Asset Management LLC acquired a new stake in Natural Alternatives International in the 4th quarter worth approximately $1,293,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Natural Alternatives International by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock worth $1,841,000 after purchasing an additional 2,371 shares during the last quarter. 32.40% of the stock is currently owned by institutional investors and hedge funds.

About Natural Alternatives International

Natural Alternatives International, Inc engages in formulating, manufacturing, and marketing nutritional supplements in the United States, Europe, Australia, Asia, Mexico, and Canada. The company operates in two segments, Private-Label Contract Manufacturing, and Patent and Trademark Licensing. It offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbal, and other nutritional supplements, as well as other health care products.