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

StockNews.com assumed coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research note published on Wednesday morning. The brokerage issued a buy rating on the stock.

Natural Health Trends Stock Down 0.4 %

NHTC stock opened at $5.05 on Wednesday. The stock has a market cap of $58.14 million, a price-to-earnings ratio of 84.18 and a beta of 0.97. Natural Health Trends has a fifty-two week low of $4.02 and a fifty-two week high of $7.40. The business has a 50 day moving average price of $4.99 and a 200 day moving average price of $5.40.

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 net margin of 1.33% and a return on equity of 1.53%.

Natural Health Trends Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were paid 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 15.84%. Natural Health Trends’s dividend payout ratio is presently 1,333.33%.

Institutional Investors Weigh In On Natural Health Trends

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new position in shares of Natural Health Trends in the 4th quarter valued at $40,000. Millennium Management LLC grew its position in Natural Health Trends by 51.4% during the 4th quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock worth $74,000 after purchasing an additional 5,467 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Natural Health Trends by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after purchasing an additional 2,274 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake 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. Hedge funds and other institutional investors 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.