Man Group plc raised its stake in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 125.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 102,836 shares of the company's stock after buying an additional 57,235 shares during the period. Man Group plc owned about 0.21% of Nu Skin Enterprises worth $709,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in NUS. D. E. Shaw & Co. Inc. boosted 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 acquiring an additional 301,295 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Nu Skin Enterprises by 12.0% in the 4th quarter. American Century Companies Inc. now owns 824,739 shares of the company's stock valued at $5,682,000 after purchasing an additional 88,181 shares during the period. Susquehanna International Group LLP boosted its position in shares of Nu Skin Enterprises by 191.9% during the 4th quarter. Susquehanna International Group LLP now owns 702,127 shares of the company's stock valued at $4,838,000 after purchasing an additional 461,608 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Nu Skin Enterprises by 18.5% during the 4th 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 in the last quarter. Finally, Prescott Group Capital Management L.L.C. grew its stake in Nu Skin Enterprises by 3.2% during the fourth quarter. Prescott Group Capital Management L.L.C. now owns 574,636 shares of the company's stock worth $3,959,000 after purchasing an additional 17,623 shares during the period. Institutional investors and hedge funds own 82.84% of the company's stock.
Analysts Set New Price Targets
Separately, Wall Street Zen raised Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research note on Monday, May 12th.
Check Out Our Latest Report on Nu Skin Enterprises
Nu Skin Enterprises Stock Up 5.6%
Nu Skin Enterprises stock traded up $0.47 on Friday, hitting $8.81. 225,675 shares of the stock traded hands, compared to its average volume of 709,015. The firm has a market cap of $435.08 million, a P/E ratio of -2.98 and a beta of 0.92. 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 1 year low of $5.32 and a 1 year high of $13.90. The business's fifty day simple moving average is $6.56 and its 200 day simple moving average is $7.03.
Nu Skin Enterprises (NYSE:NUS - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.23 earnings per share (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 business had revenue of $364.49 million for the quarter, compared to analysts' expectations of $352.06 million. As a group, sell-side analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 earnings per share 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 2.73%. The ex-dividend date is Friday, May 30th. Nu Skin Enterprises's dividend payout ratio is -30.00%.
Insider Buying and Selling
In other Nu Skin Enterprises news, insider Steven Keith Hatchett purchased 6,500 shares of the business'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 purchase, the insider now owns 162,065 shares of the company's stock, valued at approximately $1,221,970.10. This represents a 4.18% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.00% of the stock is currently owned by insiders.
About Nu Skin Enterprises
(
Free Report)
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.
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