Nautilus (NLS) : Mesirow Financial Investment Management Us Value Equity reduced its stake in Nautilus by 5.35% during the most recent quarter end. The investment management company now holds a total of 132,376 shares of Nautilus which is valued at $2.7 Million after selling 7,486 shares in Nautilus , the firm said in a disclosure report filed with the SEC on May 11, 2016.Nautilus makes up approximately 1.22% of Mesirow Financial Investment Management Us Value Equity’s portfolio.
Other Hedge Funds, Including , Piermont Capital Management reduced its stake in NLS by selling 21,600 shares or 13.35% in the most recent quarter. The Hedge Fund company now holds 140,154 shares of NLS which is valued at $2.8 Million. Nautilus makes up approx 0.91% of Piermont Capital Management’s portfolio.Blackrock Advisors boosted its stake in NLS in the latest quarter, The investment management firm added 36,522 additional shares and now holds a total of 209,202 shares of Nautilus which is valued at $4.2 Million.Blackrock Japan Ltd boosted its stake in NLS in the latest quarter, The investment management firm added 1,210 additional shares and now holds a total of 3,526 shares of Nautilus which is valued at $70,767. Cowen Prime Services added NLS to its portfolio by purchasing 500 company shares during the most recent quarter which is valued at $10,035.Rhumbline Advisers boosted its stake in NLS in the latest quarter, The investment management firm added 5 additional shares and now holds a total of 31,660 shares of Nautilus which is valued at $539,803.
Nautilus closed down -0.26 points or -1.30% at $19.81 with 4,91,207 shares getting traded on Monday. Post opening the session at $20.15, the shares hit an intraday low of $19.29 and an intraday high of $20.19 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Nautilus reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on May 9, 2016. Analyst had a consensus of $0.35. The company had revenue of $120.90 million for the quarter, compared to analysts expectations of $118.50 million. The company’s revenue was up 25.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 EPS.
Many Wall Street Analysts have commented on Nautilus. Nautilus was Initiated by Sun Trust Rbsn Humphrey to “Buy” on Mar 11, 2016.
Nautilus Inc. is a consumer fitness products company. The Company’s principal business activities include designing developing sourcing and marketing cardio and strength fitness products and related accessories for consumer use primarily in the United States and Canada. The Company operates through two business segments: Direct and Retail. Its Direct business markets and sells its products principally Bowflex cardio and strength products directly to consumers. It is a direct marketer of strength products in the United States and also sells cardio products especially the Bowflex TreadClimber and Bowflex Max Trainer. In its Retail business the Company markets and sells a line of consumer fitness equipment under the Nautilus Schwinn Universal and Bowflex brands. The Company’s products are marketed through retail companies consisting of sporting goods stores Internet retailers large-format and warehouse stores smaller specialty retailers and independent bike dealers.