Millennium Management LLC Makes New Investment in Nature's Sunshine Products, Inc. (NASDAQ:NATR)

Millennium Management LLC acquired a new position in shares of Nature's Sunshine Products, Inc. (NASDAQ:NATR - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 77,443 shares of the company's stock, valued at approximately $1,135,000. Millennium Management LLC owned 0.42% of Nature's Sunshine Products as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Nature's Sunshine Products during the fourth quarter worth approximately $314,000. Northern Trust Corp grew its holdings in Nature's Sunshine Products by 2.7% during the 4th quarter. Northern Trust Corp now owns 119,005 shares of the company's stock valued at $1,745,000 after purchasing an additional 3,174 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Nature's Sunshine Products by 346.9% during the 4th quarter. BNP Paribas Financial Markets now owns 11,719 shares of the company's stock valued at $172,000 after purchasing an additional 9,097 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Nature's Sunshine Products during the 4th quarter valued at $200,000. Finally, Ameriprise Financial Inc. grew its holdings in Nature's Sunshine Products by 16.8% during the 4th quarter. Ameriprise Financial Inc. now owns 51,182 shares of the company's stock valued at $750,000 after purchasing an additional 7,348 shares in the last quarter. 79.40% of the stock is currently owned by hedge funds and other institutional investors.

Nature's Sunshine Products Price Performance

NATR traded down $0.05 during trading hours on Friday, reaching $14.51. 34,697 shares of the stock traded hands, compared to its average volume of 46,113. The firm's fifty day simple moving average is $13.10 and its two-hundred day simple moving average is $14.05. The company has a market cap of $266.27 million, a price-to-earnings ratio of 16.49 and a beta of 1.16. Nature's Sunshine Products, Inc. has a fifty-two week low of $10.81 and a fifty-two week high of $18.06.

Nature's Sunshine Products (NASDAQ:NATR - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.09. The business had revenue of $113.25 million during the quarter, compared to analyst estimates of $109.39 million. Nature's Sunshine Products had a net margin of 3.81% and a return on equity of 11.08%.

Analyst Ratings Changes

Separately, DA Davidson reaffirmed a "buy" rating and set a $19.00 price target on shares of Nature's Sunshine Products in a report on Tuesday, June 3rd.

Nature's Sunshine Products Company Profile

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.