StockNews.com Initiates Coverage on Natural Health Trends (NASDAQ:NHTC)

StockNews.com started coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a report published on Thursday. The firm issued a buy rating on the stock.

Natural Health Trends Stock Down 0.4 %

NHTC stock opened at $5.03 on Thursday. The company has a market cap of $57.91 million, a price-to-earnings ratio of 83.85 and a beta of 0.97. The business has a fifty day simple moving average of $5.04 and a 200-day simple moving average of $5.34. Natural Health Trends has a 52 week low of $4.02 and a 52 week high of $7.40.

Natural Health Trends (NASDAQ:NHTC) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.02 EPS for the quarter. Natural Health Trends had a return on equity of 1.53% and a net margin of 1.33%.

Natural Health Trends Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were given a dividend of $0.20 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.80 dividend on an annualized basis and a yield of 15.90%. Natural Health Trends’s dividend payout ratio (DPR) is 1,333.33%.

Institutional Investors Weigh In On Natural Health Trends

Several large investors have recently made changes to their positions in NHTC. SBI Securities Co. Ltd. acquired a new position in shares of Natural Health Trends during the 4th quarter valued at $40,000. Geode Capital Management LLC raised its position in Natural Health Trends by 6.9% in the third quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock valued at $515,000 after purchasing an additional 5,624 shares during the period. Millennium Management LLC lifted its stake in shares of Natural Health Trends by 51.4% during the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock worth $74,000 after purchasing an additional 5,467 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Natural Health Trends by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after buying an additional 2,274 shares during the period. Institutional investors and hedge funds own 10.13% of the company’s stock.

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, vitamins, and minerals; and herbal products comprising herbal supplements.