Nature’s Sunshine Products, Inc. $NATR Shares Purchased by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. boosted its position in shares of Nature’s Sunshine Products, Inc. (NASDAQ:NATR) by 107.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 170,804 shares of the company’s stock after acquiring an additional 88,657 shares during the period. Hillsdale Investment Management Inc. owned about 0.97% of Nature’s Sunshine Products worth $2,651,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Acadian Asset Management LLC increased its holdings in Nature’s Sunshine Products by 17.9% in the second quarter. Acadian Asset Management LLC now owns 558,169 shares of the company’s stock valued at $8,241,000 after buying an additional 84,636 shares during the last quarter. SummerHaven Investment Management LLC purchased a new position in shares of Nature’s Sunshine Products in the 3rd quarter valued at about $843,000. AWM Investment Company Inc. purchased a new position in shares of Nature’s Sunshine Products in the 2nd quarter valued at about $5,176,000. Aristides Capital LLC acquired a new stake in shares of Nature’s Sunshine Products during the 2nd quarter worth about $370,000. Finally, Kennedy Capital Management LLC lifted its stake in Nature’s Sunshine Products by 37.2% during the second quarter. Kennedy Capital Management LLC now owns 589,636 shares of the company’s stock worth $8,721,000 after purchasing an additional 160,002 shares during the last quarter. 79.40% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Nature’s Sunshine Products

In other Nature’s Sunshine Products news, EVP Bryant J. Yates sold 1,700 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $22.29, for a total transaction of $37,893.00. Following the completion of the sale, the executive vice president directly owned 98,604 shares of the company’s stock, valued at $2,197,883.16. This represents a 1.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

NATR has been the topic of several recent analyst reports. DA Davidson increased their price target on shares of Nature’s Sunshine Products from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nature’s Sunshine Products in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nature’s Sunshine Products has an average rating of “Moderate Buy” and an average target price of $22.50.

Nature’s Sunshine Products Price Performance

Shares of Nature’s Sunshine Products stock opened at $26.88 on Monday. The firm’s fifty day simple moving average is $23.82 and its 200-day simple moving average is $19.47. Nature’s Sunshine Products, Inc. has a 12 month low of $11.01 and a 12 month high of $27.46. The stock has a market capitalization of $470.40 million, a price-to-earnings ratio of 33.19 and a beta of 0.95.

About Nature’s Sunshine Products

Nature’s Sunshine Products, Inc is a global manufacturer and direct seller of nutritional supplements, herbal remedies, and personal care products. The company’s core business centers on research, development and distribution of vitamins, minerals, botanicals and essential oil-based formulations designed to support overall health and wellness. Operating under a network-marketing model, Nature’s Sunshine works through a network of independent distributors who promote and sell its product line directly to consumers.

The company’s product portfolio spans dietary supplements such as single-ingredient vitamins, proprietary herbal blends, sports nutrition formulas and weight-management solutions, along with skin and hair care items based on botanical extracts and essential oils.