Hantz Financial Services Inc. Purchases New Shares in LifeVantage Co. (NASDAQ:LFVN)

Hantz Financial Services Inc. acquired a new position in LifeVantage Co. (NASDAQ:LFVN) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 14,216 shares of the company’s stock, valued at approximately $91,000. Hantz Financial Services Inc. owned approximately 0.11% of LifeVantage as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Hillsdale Investment Management Inc. purchased a new position in LifeVantage in the first quarter worth about $76,000. Acadian Asset Management LLC lifted its position in LifeVantage by 2.8% in the first quarter. Acadian Asset Management LLC now owns 228,088 shares of the company’s stock worth $1,378,000 after buying an additional 6,121 shares during the last quarter. Vanguard Group Inc. boosted its stake in LifeVantage by 2.8% during the first quarter. Vanguard Group Inc. now owns 475,021 shares of the company’s stock worth $2,874,000 after buying an additional 12,809 shares during the period. Finally, Empowered Funds LLC boosted its stake in LifeVantage by 8.1% during the first quarter. Empowered Funds LLC now owns 76,203 shares of the company’s stock worth $461,000 after buying an additional 5,742 shares during the period. 35.32% of the stock is currently owned by institutional investors.

LifeVantage Trading Up 2.4 %

Shares of LFVN opened at $7.96 on Tuesday. The company’s fifty day simple moving average is $7.26 and its 200-day simple moving average is $6.96. The company has a market cap of $101.10 million, a P/E ratio of 28.43 and a beta of 0.81. LifeVantage Co. has a twelve month low of $4.20 and a twelve month high of $9.14.

LifeVantage (NASDAQ:LFVN) last posted its quarterly earnings data on Wednesday, August 28th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.07). LifeVantage had a return on equity of 27.85% and a net margin of 1.47%. The firm had revenue of $48.93 million during the quarter.

LifeVantage Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Monday, September 9th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 2.01%. The ex-dividend date is Monday, September 9th. LifeVantage’s dividend payout ratio (DPR) is presently 57.14%.

LifeVantage Profile

LifeVantage Corporation engages in the identification, research, development, formulation, and sale of advanced nutrigenomic activators, dietary supplements, nootropics, pre- and pro-biotics, weight management, skin and hair care, bath and body, and targeted relief products. It offers Protandim, a dietary supplement; LifeVantage Omega+, a dietary supplement that combines DHA and EPA Omega-3 fatty acids, Omega-7 fatty acids, and vitamin D3; LifeVantage ProBio, a dietary supplement to support gut health; PhysIQ, a weight management system; LifeVantage IC Bright, a supplement to support eye and brain health, reduce eye fatigue and strain, supports cognitive functions, and support normal sleep patterns; Petandim for Dogs, a supplement to combat oxidative stress in dogs; and Axio, a nootropic energy drink mix.