Pacer Advisors Inc. Takes Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

Key Points

• Pacer Advisors Inc. has acquired 630,479 shares of Nu Skin Enterprises, valued at approximately $4.58 million, representing a 1.27% stake in the company as of the latest reporting period.
• Nu Skin Enterprises recently declared a quarterly dividend of $0.06 per share, which translates to a dividend yield of 2.78% based on an annualized payout of $0.24.
• Analysts upgraded Nu Skin Enterprises from a "hold" to a "buy" rating, indicating improved confidence in the company's stock performance.

Pacer Advisors Inc. purchased a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 630,479 shares of the company's stock, valued at approximately $4,577,000. Pacer Advisors Inc. owned approximately 1.27% of Nu Skin Enterprises at the end of the most recent reporting period.

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

Nu Skin Enterprises Stock Performance

Shares of Nu Skin Enterprises stock traded down $0.24 during trading on Friday, reaching $8.14. The company's stock had a trading volume of 266,423 shares, compared to its average volume of 649,190. Nu Skin Enterprises, Inc. has a one year low of $5.32 and a one year high of $11.06. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.29 and a current ratio of 2.02. The firm has a market cap of $402.20 million, a price-to-earnings ratio of -10.17 and a beta of 0.95. The business's fifty day moving average price is $8.31 and its 200-day moving average price is $7.41.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.08. Nu Skin Enterprises had a positive return on equity of 6.99% and a negative net margin of 2.30%. The firm had revenue of $364.49 million for the quarter, compared to analyst estimates of $352.06 million. As a group, equities research analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.24 dividend on an annualized basis and a yield of 2.9%. Nu Skin Enterprises's dividend payout ratio is -30.00%.

Analyst Ratings Changes

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

Insiders Place Their Bets

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

About Nu Skin Enterprises

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.