First Trust Advisors LP Purchases New Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

First Trust Advisors LP bought a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 42,854 shares of the company's stock, valued at approximately $295,000. First Trust Advisors LP owned 0.09% of Nu Skin Enterprises at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board lifted its holdings in Nu Skin Enterprises by 117.3% in the fourth quarter. Canada Pension Plan Investment Board now owns 22,600 shares of the company's stock valued at $156,000 after buying an additional 12,200 shares during the period. XTX Topco Ltd boosted its holdings in shares of Nu Skin Enterprises by 15.3% during the 4th quarter. XTX Topco Ltd now owns 65,096 shares of the company's stock worth $449,000 after buying an additional 8,620 shares in the last quarter. Mariner LLC bought a new stake in shares of Nu Skin Enterprises in the 4th quarter valued at $92,000. Covestor Ltd boosted its stake in Nu Skin Enterprises by 101.7% during the fourth quarter. Covestor Ltd now owns 20,449 shares of the company's stock worth $141,000 after acquiring an additional 10,309 shares in the last quarter. Finally, Martingale Asset Management L P grew its holdings in Nu Skin Enterprises by 181.6% in the fourth quarter. Martingale Asset Management L P now owns 95,744 shares of the company's stock worth $660,000 after purchasing an additional 61,744 shares during the period. 82.84% of the stock is owned by institutional investors.

Nu Skin Enterprises Trading Up 0.8%

NUS stock traded up $0.06 during midday trading on Thursday, hitting $7.38. The company had a trading volume of 65,022 shares, compared to its average volume of 834,151. The stock's 50 day moving average price is $6.70 and its 200 day moving average price is $6.96. Nu Skin Enterprises, Inc. has a 52 week low of $5.32 and a 52 week high of $14.00. The stock has a market cap of $366.71 million, a price-to-earnings ratio of -2.49 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 (NYSE:NUS - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.08. The company had revenue of $364.49 million for the quarter, compared to analysts' expectations 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, equities research analysts expect that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date of this dividend is Friday, May 30th. Nu Skin Enterprises's payout ratio is currently -30.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research note on Monday.

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.