Geode Capital Management LLC Takes Position in Youngevity International Inc (YGYI)

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Geode Capital Management LLC bought a new stake in Youngevity International Inc (NASDAQ:YGYI) during the fourth quarter, HoldingsChannel.com reports. The firm bought 44,808 shares of the company’s stock, valued at approximately $256,000.

Several other hedge funds have also modified their holdings of the business. Granite Investment Partners LLC bought a new position in shares of Youngevity International in the 4th quarter valued at $330,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of Youngevity International in the 4th quarter valued at $164,000. Vanguard Group Inc lifted its stake in shares of Youngevity International by 128.8% in the 3rd quarter. Vanguard Group Inc now owns 40,678 shares of the company’s stock valued at $274,000 after acquiring an additional 22,896 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Youngevity International by 128.8% in the 3rd quarter. Vanguard Group Inc. now owns 40,678 shares of the company’s stock valued at $274,000 after acquiring an additional 22,896 shares during the last quarter. Finally, Northern Trust Corp bought a new position in shares of Youngevity International in the 4th quarter valued at $96,000. 2.74% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently commented on YGYI. ValuEngine upgraded Youngevity International from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. Benchmark increased their price target on Youngevity International from $9.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday, February 13th.

Shares of YGYI opened at $6.65 on Thursday. Youngevity International Inc has a 52 week low of $3.17 and a 52 week high of $16.25. The company has a quick ratio of 0.47, a current ratio of 1.06 and a debt-to-equity ratio of 0.71.

Youngevity International (NASDAQ:YGYI) last announced its quarterly earnings results on Tuesday, April 16th. The company reported ($0.46) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.06) by ($0.40). Youngevity International had a negative net margin of 12.35% and a negative return on equity of 126.10%. The firm had revenue of $36.11 million during the quarter.

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Youngevity International Company Profile

Youngevity International, Inc develops and distributes health and nutrition related products and services through independent direct selling network in the United States and internationally. It operates in two segments, Direct Selling and Commercial Coffee. The company offers approximately 5,500 products, including nutritional, vitamin, mineral, herbal, liquid, and dietary supplements; apparel; fashion and jewelry accessories; digital products; and packaged foods.

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Institutional Ownership by Quarter for Youngevity International (NASDAQ:YGYI)

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