The Public Employees Retirement Association of Colorado Has $476,000 Stake in NutriSystem Inc. (NTRI)

The Public Employees Retirement Association of Colorado Has $476,000 Stake in NutriSystem Inc. (NTRI)

Other institutional investors have also bought and sold shares of the company. State Street Corp raised its position in NutriSystem by 2.4% in the fourth quarter. State Street Corp now owns 756,772 shares of the company’s stock worth $26,219,000 after buying an additional 18,016 shares in the last quarter. Acadian Asset Management LLC raised its position in NutriSystem by 107.7% in the first quarter. Acadian Asset Management LLC now owns 488,856 shares of the company’s stock worth $27,132,000 after buying an additional 253,484 shares in the last quarter. Teachers Advisors LLC raised its position in NutriSystem by 26.2% in the fourth quarter. Teachers Advisors LLC now owns 447,607 shares of the company’s stock worth $15,510,000 after buying an additional 92,850 shares in the last quarter. Comerica Bank raised its position in NutriSystem by 5.5% in the fourth quarter. Comerica Bank now owns 31,354 shares of the company’s stock worth $1,088,000 after buying an additional 1,645 shares in the last quarter. Finally, Navellier & Associates Inc acquired a new position in NutriSystem during the first quarter worth approximately $348,000. 96.11% of the stock is currently owned by institutional investors.

Public Employees Retirement Association of Colorado maintained its position in NutriSystem Inc. (NASDAQ:NTRI) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,577 shares of the company’s stock at the end of the first quarter. Public Employees Retirement Association of Colorado’s holdings in NutriSystem were worth $476,000 at the end of the most recent reporting period.

NutriSystem Inc. (NTRI) opened at 53.45 on Monday. The stock’s 50 day moving average price is $51.76 and its 200 day moving average price is $43.50. NutriSystem Inc. has a 52 week low of $22.97 and a 52 week high of $57.50. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 39.68 and a beta of 0.97.

NutriSystem (NASDAQ:NTRI) last announced its earnings results on Wednesday, April 26th. The company reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.08. The firm had revenue of $212.68 million for the quarter, compared to the consensus estimate of $202.87 million. NutriSystem had a return on equity of 43.89% and a net margin of 5.78%. The business’s quarterly revenue was up 31.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 EPS. On average, equities research analysts predict that NutriSystem Inc. will post $1.69 EPS for the current year.

A number of equities analysts have commented on NTRI shares. Barrington Research lowered NutriSystem from an “outperform” rating to a “market perform” rating in a research note on Friday, March 24th. Lake Street Capital boosted their price objective on NutriSystem from $41.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, February 28th. Zacks Investment Research raised NutriSystem from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a research note on Thursday, March 2nd. Wunderlich reaffirmed a “buy” rating and set a $52.00 price target (up previously from $37.00) on shares of NutriSystem in a research note on Tuesday, February 28th. Finally, Sidoti lowered NutriSystem from a “buy” rating to a “neutral” rating in a research note on Monday, April 3rd. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $55.33. In other NutriSystem news, CFO Michael P. Monahan sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of $50.03, for a total transaction of $250,150.00. Following the completion of the sale, the chief financial officer now directly owns 37,743 shares of the company’s stock, valued at approximately $1,888,282.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Dawn M. Zier sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $48.11, for a total value of $1,443,300.00. Following the sale, the insider now directly owns 235,027 shares of the company’s stock, valued at $11,307,148.97. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 144,713 shares of company stock worth $7,312,810. 2.90% of the stock is owned by company insiders.

About NutriSystem Nutrisystem, Inc 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 four-week meal plan consisting supply of breakfasts, lunches, dinners and snacks and flex meal plan recipes, which they supplement with fresh fruits, vegetables and dairy.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:NTRI”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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