Mackenzie Financial Corp Acquires 48,621 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Mackenzie Financial Corp boosted its holdings in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 406.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,595 shares of the company's stock after acquiring an additional 48,621 shares during the quarter. Mackenzie Financial Corp owned 0.12% of Nu Skin Enterprises worth $418,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. D. E. Shaw & Co. Inc. lifted its position in Nu Skin Enterprises by 15.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company's stock valued at $15,512,000 after purchasing an additional 301,295 shares during the period. Two Sigma Advisers LP lifted its holdings in shares of Nu Skin Enterprises by 61.2% during the 4th quarter. Two Sigma Advisers LP now owns 944,000 shares of the company's stock valued at $6,504,000 after buying an additional 358,400 shares during the period. American Century Companies Inc. lifted its holdings in shares of Nu Skin Enterprises by 12.0% during the 4th quarter. American Century Companies Inc. now owns 824,739 shares of the company's stock valued at $5,682,000 after buying an additional 88,181 shares during the period. Susquehanna International Group LLP boosted its stake in shares of Nu Skin Enterprises by 191.9% in the 4th quarter. Susquehanna International Group LLP now owns 702,127 shares of the company's stock worth $4,838,000 after buying an additional 461,608 shares during the last quarter. Finally, Two Sigma Investments LP grew its holdings in shares of Nu Skin Enterprises by 24.2% in the fourth quarter. Two Sigma Investments LP now owns 700,500 shares of the company's stock worth $4,826,000 after acquiring an additional 136,624 shares during the period. 82.84% of the stock is owned by institutional investors.

Insiders Place Their Bets

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

Analyst Ratings Changes

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

Nu Skin Enterprises Stock Performance

NUS stock traded up $0.05 during midday trading on Friday, reaching $7.83. 150,837 shares of the company's stock traded hands, compared to its average volume of 831,748. The company has a current ratio of 1.82, a quick ratio of 1.17 and a debt-to-equity ratio of 0.56. 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 cap of $386.90 million, a P/E ratio of -2.65 and a beta of 0.98. The stock's 50-day moving average is $6.68 and its 200 day moving average is $7.06.

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

Nu Skin Enterprises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Friday, May 30th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 3.07%. The ex-dividend date is Friday, May 30th. Nu Skin Enterprises's dividend payout ratio is -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.