Nature’s Sunshine Products (NASDAQ:NATR) Upgraded to “Strong-Buy” at DA Davidson

DA Davidson upgraded shares of Nature’s Sunshine Products (NASDAQ:NATR) to a strong-buy rating in a research report released on Monday morning,Zacks.com reports.

Nature’s Sunshine Products Stock Performance

NATR stock opened at $12.11 on Monday. The firm has a fifty day moving average price of $13.38 and a 200 day moving average price of $14.18. Nature’s Sunshine Products has a fifty-two week low of $10.81 and a fifty-two week high of $19.92. The firm has a market cap of $223.84 million, a PE ratio of 13.76 and a beta of 1.06.

Institutional Investors Weigh In On Nature’s Sunshine Products

Several large investors have recently added to or reduced their stakes in the stock. Barclays PLC boosted its holdings in shares of Nature’s Sunshine Products by 51.8% in the 3rd quarter. Barclays PLC now owns 35,602 shares of the company’s stock worth $485,000 after purchasing an additional 12,152 shares during the period. Franklin Resources Inc. lifted its position in Nature’s Sunshine Products by 4.3% in the third quarter. Franklin Resources Inc. now owns 20,744 shares of the company’s stock worth $270,000 after buying an additional 856 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Nature’s Sunshine Products by 24.3% during the third quarter. JPMorgan Chase & Co. now owns 34,633 shares of the company’s stock worth $472,000 after buying an additional 6,769 shares during the period. Proficio Capital Partners LLC bought a new position in Nature’s Sunshine Products during the fourth quarter valued at $200,000. Finally, Bailard Inc. purchased a new stake in shares of Nature’s Sunshine Products in the fourth quarter valued at $302,000. 79.40% of the stock is owned by institutional investors.

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.