Allspring Global Investments Holdings LLC Purchases Shares of 8,015 Nature’s Sunshine Products, Inc. (NASDAQ:NATR)

Allspring Global Investments Holdings LLC purchased a new position in Nature’s Sunshine Products, Inc. (NASDAQ:NATR) in the fourth quarter, HoldingsChannel reports. The firm purchased 8,015 shares of the company’s stock, valued at approximately $139,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. New York State Common Retirement Fund boosted its holdings in Nature’s Sunshine Products by 1,027.7% in the 3rd quarter. New York State Common Retirement Fund now owns 6,834 shares of the company’s stock worth $113,000 after buying an additional 6,228 shares during the period. SG Americas Securities LLC bought a new position in shares of Nature’s Sunshine Products in the fourth quarter worth about $125,000. Heron Bay Capital Management grew its position in shares of Nature’s Sunshine Products by 42.8% during the fourth quarter. Heron Bay Capital Management now owns 16,362 shares of the company’s stock worth $283,000 after purchasing an additional 4,901 shares in the last quarter. Exchange Traded Concepts LLC bought a new stake in Nature’s Sunshine Products during the 4th quarter valued at approximately $410,000. Finally, Ritholtz Wealth Management lifted its holdings in Nature’s Sunshine Products by 34.7% in the 4th quarter. Ritholtz Wealth Management now owns 29,207 shares of the company’s stock worth $505,000 after purchasing an additional 7,523 shares in the last quarter. 79.40% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, DA Davidson increased their price objective on shares of Nature’s Sunshine Products from $21.50 to $24.00 and gave the company a “buy” rating in a report on Wednesday, March 13th.

Nature’s Sunshine Products Stock Up 0.4 %

NATR opened at $19.50 on Monday. Nature’s Sunshine Products, Inc. has a 52 week low of $10.06 and a 52 week high of $21.72. The firm has a 50-day simple moving average of $19.03 and a two-hundred day simple moving average of $18.03. The company has a market capitalization of $366.97 million, a PE ratio of 25.32 and a beta of 0.82.

Nature’s Sunshine Products (NASDAQ:NATR) last released its quarterly earnings results on Tuesday, March 12th. The company reported $0.45 earnings per share for the quarter. The business had revenue of $108.94 million during the quarter. Nature’s Sunshine Products had a return on equity of 12.25% and a net margin of 3.39%.

About Nature’s Sunshine Products

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.