Nu Skin Enterprises, Inc. (NYSE:NUS) Shares Acquired by Man Group plc

Man Group plc increased its stake in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 125.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 102,836 shares of the company's stock after acquiring an additional 57,235 shares during the period. Man Group plc owned approximately 0.21% of Nu Skin Enterprises worth $709,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Susquehanna International Group LLP lifted its position in Nu Skin Enterprises by 191.9% during the fourth quarter. Susquehanna International Group LLP now owns 702,127 shares of the company's stock valued at $4,838,000 after buying an additional 461,608 shares in the last quarter. D. E. Shaw & Co. Inc. raised its stake in shares of 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. JPMorgan Chase & Co. increased its stake in shares of Nu Skin Enterprises by 74.9% in the fourth quarter. JPMorgan Chase & Co. now owns 405,667 shares of the company's stock worth $2,795,000 after buying an additional 173,710 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Nu Skin Enterprises by 115.1% in the fourth quarter. Ameriprise Financial Inc. now owns 238,237 shares of the company's stock worth $1,641,000 after buying an additional 127,474 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Nu Skin Enterprises by 18.5% during 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 purchasing an additional 95,938 shares during the last quarter. 82.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Nu Skin Enterprises Stock Performance

Shares of NUS traded up $0.31 during midday trading on Tuesday, hitting $7.57. 564,537 shares of the stock traded hands, compared to its average volume of 833,004. Nu Skin Enterprises, Inc. has a 1-year low of $5.32 and a 1-year high of $13.90. The firm has a market capitalization of $374.06 million, a PE ratio of -2.57 and a beta of 0.92. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.82. The business's 50 day moving average price is $6.57 and its two-hundred day moving average price is $7.03.

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

Nu Skin Enterprises Dividend Announcement

The business also recently disclosed 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 3.17%. The ex-dividend date is Friday, May 30th. Nu Skin Enterprises's payout ratio is currently -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.