NutriSystem (NTRI) : Copper Rock Capital Partners scooped up 19,761 additional shares in NutriSystem during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 1,272,451 shares of NutriSystem which is valued at $33,172,798.NutriSystem makes up approximately 2.42% of Copper Rock Capital Partners’s portfolio.
Other Hedge Funds, Including , Acadian Asset Management boosted its stake in NTRI in the latest quarter, The investment management firm added 55,388 additional shares and now holds a total of 64,148 shares of NutriSystem which is valued at $1,672,338. NutriSystem makes up approx 0.01% of Acadian Asset Management’s portfolio. Vigilant Capital Management added NTRI to its portfolio by purchasing 136 company shares during the most recent quarter which is valued at $3,546.James Investment Research Inc boosted its stake in NTRI in the latest quarter, The investment management firm added 30,770 additional shares and now holds a total of 114,955 shares of NutriSystem which is valued at $3,041,709. NutriSystem makes up approx 0.08% of James Investment Research Inc’s portfolio.Independent Portfolio Consultants boosted its stake in NTRI in the latest quarter, The investment management firm added 90 additional shares and now holds a total of 410 shares of NutriSystem which is valued at $10,849.
NutriSystem opened for trading at $25.92 and hit $26.39 on the upside on Wednesday, eventually ending the session at $26.07, with a gain of 0.93% or 0.24 points. The heightened volatility saw the trading volume jump to 1,87,600 shares. Company has a market cap of $766 M.
On the company’s financial health, NutriSystem reported $0.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on May 3, 2016. Analyst had a consensus of $0.07. The company had revenue of $162.10 million for the quarter, compared to analysts expectations of $152.13 million. The company’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.
Many Wall Street Analysts have commented on NutriSystem. Company shares were Reiterated by Wunderlich on May 4, 2016 to “Buy”, Firm has raised the Price Target to $ 31 from a previous price target of $28 .
Nutrisystem Inc. (Nutrisystem) is a provider of weight management products and services including nutritionally balanced weight loss programs multi-day kits available at retail locations and digital tools to support weight loss. The Company’s program customers purchase monthly food packages containing a 28-day supply of breakfasts lunches dinners snacks and desserts which they supplement with fresh fruits vegetables and dairy. Its customers order on an auto-delivery basis (Auto-Delivery) where it sends a 28-day food supply on an ongoing basis until notified of a customer’s cancellation. It offers its pre-selected favorites food pack or personalized plans where customers can hand pick their entire menu or customize plans to their dietary preference. The company’s meal plans feature more than 150 menu options at different price points including frozen and ready-to-go entrees desserts snacks and shakes.