Natural Health Trends (NASDAQ:NHTC) Upgraded to “Buy” at StockNews.com

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

Natural Health Trends Stock Up 0.5 %

Natural Health Trends stock opened at $6.48 on Wednesday. The firm has a 50-day moving average price of $6.44 and a two-hundred day moving average price of $5.95. The firm has a market capitalization of $74.59 million, a price-to-earnings ratio of 129.53 and a beta of 0.83. Natural Health Trends has a 52-week low of $4.61 and a 52-week high of $7.24.

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

Natural Health Trends Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Tuesday, February 20th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, February 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.36%. Natural Health Trends’s dividend payout ratio (DPR) is 1,600.32%.

Institutional Trading of Natural Health Trends

A number of hedge funds and other institutional investors have recently made changes to their positions in NHTC. Citadel Advisors LLC bought a new stake in shares of Natural Health Trends during the 3rd quarter worth about $47,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of Natural Health Trends in the 2nd quarter worth approximately $65,000. Acadian Asset Management LLC raised its holdings in shares of Natural Health Trends by 17.3% in the 1st quarter. Acadian Asset Management LLC now owns 57,813 shares of the company’s stock worth $408,000 after purchasing an additional 8,529 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Natural Health Trends by 13.0% in 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 in the last quarter. Finally, State Street Corp raised its holdings in shares of Natural Health Trends by 14.1% in 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 in the last quarter. 10.13% of the stock is currently owned by 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.