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

StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a report published on Monday. The brokerage issued a buy rating on the stock.

Natural Health Trends Price Performance

NHTC opened at $5.11 on Monday. The company has a market cap of $58.83 million, a price-to-earnings ratio of 85.18 and a beta of 0.91. The firm has a 50 day simple moving average of $4.83 and a 200 day simple moving average of $5.54. Natural Health Trends has a fifty-two week low of $4.02 and a fifty-two week high of $7.40.

Natural Health Trends (NASDAQ:NHTC) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.02 earnings per share 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 announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 15.66%. The ex-dividend date was Tuesday, February 18th. Natural Health Trends’s payout ratio is presently 1,333.33%.

Institutional Investors Weigh In On Natural Health Trends

Large investors have recently bought and sold shares of the company. 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 in the last quarter. Millennium Management LLC increased its stake in Natural Health Trends by 51.4% in the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock valued at $74,000 after purchasing an additional 5,467 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Natural Health Trends by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock valued at $202,000 after purchasing an additional 2,274 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in Natural Health Trends in the fourth quarter valued at approximately $40,000. Institutional investors own 10.13% of the company’s stock.

About Natural Health Trends

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.