Natura &Co Holding S.A. (NYSE:NTCO – Get Rating) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 1,740,000 shares, a growth of 95.7% from the April 30th total of 888,900 shares. Based on an average trading volume of 1,900,000 shares, the days-to-cover ratio is presently 0.9 days.
NYSE:NTCO opened at $7.13 on Friday. The firm’s fifty day moving average is $8.93 and its 200-day moving average is $9.12. The company has a quick ratio of 0.67, a current ratio of 1.03 and a debt-to-equity ratio of 0.43. Natura &Co has a 52 week low of $5.85 and a 52 week high of $23.73.
A number of research firms have weighed in on NTCO. JPMorgan Chase & Co. raised shares of Natura &Co from an “underweight” rating to a “neutral” rating and set a $10.00 target price on the stock in a report on Wednesday, March 9th. Zacks Investment Research raised shares of Natura &Co from a “sell” rating to a “hold” rating in a report on Wednesday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $18.67.
Large investors have recently bought and sold shares of the company. Dynamo Administracao de Recursos Ltda. lifted its position in shares of Natura &Co by 110.9% during the 1st quarter. Dynamo Administracao de Recursos Ltda. now owns 7,703,797 shares of the company’s stock valued at $84,125,000 after acquiring an additional 4,050,398 shares during the period. Pinebridge Investments L.P. lifted its position in shares of Natura &Co by 134.6% during the 1st quarter. Pinebridge Investments L.P. now owns 427,584 shares of the company’s stock valued at $4,669,000 after acquiring an additional 245,354 shares during the period. Thomas White International Ltd. acquired a new position in shares of Natura &Co during the 4th quarter valued at $2,067,000. Jane Street Group LLC lifted its position in shares of Natura &Co by 128.3% during the 1st quarter. Jane Street Group LLC now owns 381,843 shares of the company’s stock valued at $4,170,000 after acquiring an additional 214,557 shares during the period. Finally, Parametric Portfolio Associates LLC lifted its position in shares of Natura &Co by 37.3% during the 4th quarter. Parametric Portfolio Associates LLC now owns 705,068 shares of the company’s stock valued at $6,536,000 after acquiring an additional 191,589 shares during the period. 3.90% of the stock is currently owned by institutional investors.
Natura &Co Company Profile (Get Rating)
Natura &Co Holding SA develops, manufactures, distributes, and sells cosmetics, fragrances, and personal hygiene products. The company’s products portfolio includes body care, face care, makeup, soaps, hair care, deodorants, oils, and other products, as well as deodorants, men’s grooming, and sun protection products.
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