NutriSystem Inc. (NTRI) Position Reduced by Deutsche Bank AG

Deutsche Bank AG trimmed its position in shares of NutriSystem Inc. (NASDAQ:NTRI) by 20.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 139,718 shares of the company’s stock after selling 36,406 shares during the quarter. Deutsche Bank AG’s holdings in NutriSystem were worth $6,128,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in NTRI. BlackRock Inc. boosted its holdings in shares of NutriSystem by 1.6% during the 3rd quarter. BlackRock Inc. now owns 4,418,221 shares of the company’s stock valued at $163,695,000 after acquiring an additional 71,717 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of NutriSystem by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,867,500 shares of the company’s stock valued at $69,191,000 after acquiring an additional 33,402 shares during the last quarter. Vanguard Group Inc boosted its holdings in shares of NutriSystem by 1.8% during the 3rd quarter. Vanguard Group Inc now owns 1,867,500 shares of the company’s stock valued at $69,191,000 after acquiring an additional 33,402 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of NutriSystem by 1.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,167,475 shares of the company’s stock valued at $51,229,000 after acquiring an additional 18,090 shares during the last quarter. Finally, Alpine Associates Management Inc. purchased a new stake in shares of NutriSystem during the 4th quarter valued at about $50,609,000.

Shares of NASDAQ:NTRI opened at $42.89 on Wednesday. NutriSystem Inc. has a twelve month low of $26.06 and a twelve month high of $45.25. The company has a market capitalization of $1.26 billion, a PE ratio of 20.33, a price-to-earnings-growth ratio of 1.52 and a beta of 0.48.

NutriSystem (NASDAQ:NTRI) last issued its quarterly earnings data on Tuesday, February 19th. The company reported $0.61 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.02. NutriSystem had a net margin of 8.48% and a return on equity of 46.60%. The firm had revenue of $129.50 million for the quarter, compared to analysts’ expectations of $129.50 million. During the same quarter in the prior year, the business earned $0.36 EPS. The business’s quarterly revenue was down 1.3% on a year-over-year basis. On average, research analysts expect that NutriSystem Inc. will post 2.19 earnings per share for the current fiscal year.

A number of analysts have recently issued reports on the stock. BidaskClub downgraded shares of NutriSystem from a “hold” rating to a “sell” rating in a report on Saturday, January 19th. ValuEngine downgraded shares of NutriSystem from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Finally, Zacks Investment Research downgraded shares of NutriSystem from a “hold” rating to a “sell” rating in a report on Saturday, February 23rd. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $43.71.

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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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