USANA Health Sciences (NYSE:USNA) Cut to Hold at Sidoti

Sidoti downgraded shares of USANA Health Sciences (NYSE:USNA) from a strong-buy rating to a hold rating in a report released on Tuesday,Zacks.com reports.

Several other equities analysts have also recently weighed in on USNA. StockNews.com cut shares of USANA Health Sciences from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 14th. DA Davidson increased their price target on shares of USANA Health Sciences from $35.00 to $38.00 and gave the stock a “neutral” rating in a research report on Thursday, January 2nd.

USANA Health Sciences Stock Performance

USNA stock opened at $31.16 on Tuesday. The company has a market cap of $593.99 million, a price-to-earnings ratio of 11.01, a P/E/G ratio of 0.85 and a beta of 0.87. The business’s 50-day moving average is $34.02 and its two-hundred day moving average is $36.85. USANA Health Sciences has a fifty-two week low of $30.13 and a fifty-two week high of $50.32.

Institutional Trading of USANA Health Sciences

Several hedge funds have recently bought and sold shares of the stock. R Squared Ltd purchased a new position in shares of USANA Health Sciences during the 4th quarter valued at about $28,000. Safe Harbor Fiduciary LLC bought a new stake in USANA Health Sciences during the 3rd quarter worth approximately $30,000. KBC Group NV lifted its holdings in USANA Health Sciences by 96.6% during the third quarter. KBC Group NV now owns 1,056 shares of the company’s stock valued at $40,000 after purchasing an additional 519 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in USANA Health Sciences during the fourth quarter valued at approximately $83,000. Finally, Quantbot Technologies LP bought a new position in shares of USANA Health Sciences in the fourth quarter worth approximately $132,000. Institutional investors own 54.25% of the company’s stock.

USANA Health Sciences Company Profile

USANA Health Sciences, Inc develops, manufactures, and sells science-based nutritional, personal care, and skincare products in the Asia Pacific, the Americas, and Europe. The company offers USANA nutritional products that comprise essentials/CellSentials, such as vitamin and mineral supplements that provide a foundation of total body nutrition for various age groups; optimizers consisting of targeted supplements that are designed to meet cardiovascular, skeletal/structural, and digestive health needs; and food that include meal replacement shakes, snack bars, and other related products.