Great West Life Assurance Co. Can Has $1.47 Million Holdings in NutriSystem Inc. (NTRI)

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Great West Life Assurance Co. Can lessened its position in shares of NutriSystem Inc. (NASDAQ:NTRI) by 6.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 38,095 shares of the company’s stock after selling 2,659 shares during the period. Great West Life Assurance Co. Can owned approximately 0.13% of NutriSystem worth $1,465,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. First Mercantile Trust Co. bought a new position in shares of NutriSystem in the 2nd quarter worth $119,000. US Bancorp DE increased its holdings in shares of NutriSystem by 64.7% in the 2nd quarter. US Bancorp DE now owns 3,726 shares of the company’s stock worth $143,000 after buying an additional 1,464 shares during the last quarter. Independence Advisors LLC bought a new position in shares of NutriSystem in the 2nd quarter worth $203,000. Janus Henderson Group PLC bought a new position in shares of NutriSystem in the 2nd quarter worth $207,000. Finally, Sigma Planning Corp bought a new position in shares of NutriSystem in the 2nd quarter worth $215,000.

Shares of NTRI stock traded up $1.09 on Friday, hitting $37.10. 771,983 shares of the company’s stock traded hands, compared to its average volume of 820,897. NutriSystem Inc. has a one year low of $26.06 and a one year high of $60.80. The firm has a market cap of $1.09 billion, a P/E ratio of 18.93, a P/E/G ratio of 1.78 and a beta of 1.27.

NutriSystem (NASDAQ:NTRI) last released its earnings results on Monday, July 30th. The company reported $0.87 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.06. NutriSystem had a net margin of 7.94% and a return on equity of 43.29%. The company had revenue of $191.30 million for the quarter, compared to analyst estimates of $189.07 million. During the same quarter last year, the firm earned $0.80 EPS. The firm’s quarterly revenue was down 1.8% compared to the same quarter last year. As a group, equities analysts predict that NutriSystem Inc. will post 2.09 earnings per share for the current fiscal year.

A number of equities analysts have recently commented on the stock. DA Davidson lowered shares of NutriSystem from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $45.00 to $40.00 in a report on Tuesday, July 31st. They noted that the move was a valuation call. BidaskClub raised shares of NutriSystem from a “sell” rating to a “hold” rating in a report on Saturday. B. Riley increased their price target on shares of NutriSystem from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Tuesday, July 31st. ValuEngine lowered shares of NutriSystem from a “sell” rating to a “strong sell” rating in a report on Friday, August 24th. Finally, Barrington Research reissued a “hold” rating on shares of NutriSystem in a report on Friday, October 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. NutriSystem currently has an average rating of “Hold” and an average price target of $46.50.

About NutriSystem

Nutrisystem, Inc, together with its subsidiaries, provides weight management products and services for women and men in the United States. The company offers weight loss programs that consist primarily of a pre-packaged food program, digital tools, and counseling. It also provides Nutrisystem Lean13 program, which provides weight loss, and support and counseling services; the South Beach Diet, a weight-loss program; and Nutrisystem 5-day kit, a ?D' kit that offers individuals with or at risk of type 2 diabetes.

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Institutional Ownership by Quarter for NutriSystem (NASDAQ:NTRI)

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