Ameriprise Financial Inc. Buys 127,474 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Ameriprise Financial Inc. grew its stake in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 115.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 238,237 shares of the company's stock after buying an additional 127,474 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.48% of Nu Skin Enterprises worth $1,641,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Rhumbline Advisers boosted its holdings in Nu Skin Enterprises by 70.9% in the 4th quarter. Rhumbline Advisers now owns 138,477 shares of the company's stock worth $954,000 after buying an additional 57,443 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Nu Skin Enterprises by 18.5% in the fourth quarter. Bank of New York Mellon Corp now owns 613,330 shares of the company's stock valued at $4,226,000 after acquiring an additional 95,938 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of Nu Skin Enterprises in the fourth quarter worth about $115,000. US Bancorp DE grew its position in shares of Nu Skin Enterprises by 424.2% during the fourth quarter. US Bancorp DE now owns 7,460 shares of the company's stock worth $51,000 after purchasing an additional 6,037 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in Nu Skin Enterprises during the 4th quarter valued at approximately $157,000. Institutional investors own 82.84% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research note on Monday, May 12th.

Insiders Place Their Bets

In other Nu Skin Enterprises news, insider Steven Keith Hatchett bought 6,500 shares of the company's stock in a transaction on Wednesday, May 28th. The stock was acquired at an average price of $7.54 per share, for a total transaction of $49,010.00. Following the completion of the transaction, the insider now directly owns 162,065 shares of the company's stock, valued at approximately $1,221,970.10. This represents a 4.18% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Edwina D. Woodbury sold 4,532 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $8.44, for a total value of $38,250.08. Following the completion of the sale, the director now owns 42,947 shares in the company, valued at approximately $362,472.68. The trade was a 9.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.00% of the stock is owned by insiders.

Nu Skin Enterprises Price Performance

NUS stock traded down $0.13 during trading on Wednesday, hitting $7.88. 551,326 shares of the company's stock traded hands, compared to its average volume of 835,033. Nu Skin Enterprises, Inc. has a 52 week low of $5.32 and a 52 week high of $13.70. The stock has a market capitalization of $389.37 million, a price-to-earnings ratio of -2.67 and a beta of 0.92. The business has a fifty day simple moving average of $6.66 and a 200 day simple moving average of $7.06. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.82.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.15 by $0.08. Nu Skin Enterprises had a positive return on equity of 5.86% and a negative net margin of 8.46%. The company had revenue of $364.49 million during the quarter, compared to analyst estimates of $352.06 million. As a group, research analysts expect that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Friday, May 30th will be given a $0.06 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.24 dividend on an annualized basis and a yield of 3.05%. Nu Skin Enterprises's dividend payout ratio is presently -30.00%.

Nu Skin Enterprises Profile

Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.