Gnc Holdings INC (GNC) Shareholder Shah Capital Management Increased Holding

Galtero Lara
Diciembre 7, 2017

It is negative, as 39 investors sold GNC shares while 42 reduced holdings.

The company noted that it retains a robust liquidity position, including cash and cash equivalents of $40.1 million and $246.1 million not drawn under the Revolving Credit Facility as of the close of September 30, 2017. Utd Cap Fin Advisers Ltd Company has invested 0.01% in GNC Holdings, Inc.

GNC Holdings (NYSE:GNC) last issued its earnings results on Tuesday, April 18th. Voya Investment Mngmt Ltd stated it has 31,822 shares.

GNC (NYSE GNC) traded up $0.06 during midday trading on Tuesday, hitting $5.32.

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Market capitalization is the total market value of all of a company's outstanding shares. Susquehanna Intll Gp Llp accumulated 371,764 shares or 0% of the stock. Citigroup reported 0% in GNC Holdings, Inc. (NYSE:GNC) or 607,837 shares. Schwab Charles Investment Management Inc. now owns 532,155 shares of the specialty retailer's stock worth $4,705,000 after acquiring an additional 77,764 shares during the period. Strs Ohio reported 370,000 shares. Raymond James Financial Ser Advsrs stated it has 119,016 shares or 0.01% of all its holdings. (NYSE:GNC) for 494,399 shares. Lsv Asset holds 0% or 61,800 shares in its portfolio.

Himanshu H. Shah increased its stake in Gnc Holdings Inc (GNC) by 64.63% based on its latest 2017Q2 regulatory filing with the SEC. Shah Capital Management bought 430,316 shares as the company's stock declined 4.71% while stock markets rallied. Shah Capital Management who had been investing in Gnc Holdings Inc for a number of months, seems to be bullish on the $349.50 million market cap company. The stock decreased 0.49% or $0.02 during the last trading session, reaching $4.08. A total of 7.94 Million shares exchanged at hands and its Average Volume (3 months) is 2.73 Million. GNC Holdings, Inc. (NYSE:GNC) has declined 70.69% since December 5, 2016 and is downtrending. It has underperformed by 87.39% the S&P500. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement. (NYSE:GNC) news were published by: Seekingalpha.com which released: "GNC's China Mirage - The Desert (Part I)" on November 30, 2017, also Seekingalpha.com with their article: "GNC: Balance Sheet Arbitrage Gone Wrong?" published on November 29, 2017, Investorplace.com published: "GNC Holdings Inc Is Losing the Battle… And the War" on November 28, 2017. Quantitative Systematic Strategies LLC purchased a new stake in shares of GNC in the 3rd quarter valued at about $109,000. Plunged 18.4% in November" with publication date: "December 05, 2017. The average investment rating for GNC on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 2.50 or a Moderate Sell. Therefore 18% are positive. GNC Holdings had 24 analyst reports since August 3, 2015 according to SRatingsIntel. (NYSE:GNC) has "Buy" rating given on Wednesday, April 6 by Goldman Sachs. Goldman Sachs maintained GNC Holdings, Inc. (NYSE:GNC) has "Outperform" rating given on Thursday, April 21 by Wedbush. The firm has "Neutral" rating given on Friday, October 23 by Sterne Agee CRT.

The struggling retailer on Monday said it was not moving ahead with its previously announced plans to refinance debt that comes due in 2022, and also said it has retained Goldman Sachs and Co.as a strategic advisor to help the board "evaluate alternatives to optimize GNC's capital structure and other alternatives to enhance shareholder value". The company has an average rating of Hold and a consensus target price of $7.95. GNC Holdings has $54 highest and $6 lowest target. (NYSE:GNC) rating on Monday, November 2. As per Friday, October 28, the company rating was downgraded by Bank of America. Finally, Barclays dropped their price target on GNC from $9.00 to $6.00 and set an underweight rating on the stock in a research note on Friday, October 27th.

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