Ethic Inc. Raises Stake in Nu Skin Enterprises, Inc. (NYSE:NUS)

Ethic Inc. grew its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 258.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,856 shares of the company’s stock after acquiring an additional 36,651 shares during the quarter. Ethic Inc. owned 0.10% of Nu Skin Enterprises worth $350,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in NUS. D. E. Shaw & Co. Inc. grew its holdings in shares of Nu Skin Enterprises by 15.5% during the 4th 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 last quarter. American Century Companies Inc. increased its position in shares of Nu Skin Enterprises by 12.0% in the fourth quarter. American Century Companies Inc. now owns 824,739 shares of the company’s stock valued at $5,682,000 after acquiring an additional 88,181 shares during the period. Susquehanna International Group LLP raised its stake in shares of 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 acquiring an additional 461,608 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of 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 acquiring an additional 95,938 shares during the last quarter. Finally, Prescott Group Capital Management L.L.C. boosted its holdings in shares of 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. 82.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Monday, May 12th.

Nu Skin Enterprises Price Performance

NUS stock opened at $7.59 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.82 and a quick ratio of 1.17. Nu Skin Enterprises, Inc. has a 1 year low of $5.32 and a 1 year high of $13.90. The firm has a 50-day moving average of $6.68 and a 200 day moving average of $6.97. The company has a market cap of $377.40 million, a P/E ratio of -2.57 and a beta of 0.92.

Nu Skin Enterprises (NYSE:NUS) 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 firm had revenue of $364.49 million during the quarter, compared to analyst estimates of $352.06 million. On average, sell-side analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Friday, May 30th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, May 30th. This represents a $0.24 dividend on an annualized basis and a yield of 3.16%. Nu Skin Enterprises’s dividend payout ratio (DPR) 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.