SummerHaven Investment Management LLC Grows Stock Holdings in Nu Skin Enterprises, Inc. (NYSE:NUS)

SummerHaven Investment Management LLC lifted its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 2.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 79,860 shares of the company’s stock after acquiring an additional 2,195 shares during the quarter. SummerHaven Investment Management LLC’s holdings in Nu Skin Enterprises were worth $580,000 at the end of the most recent reporting period.

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

Nu Skin Enterprises Stock Performance

Shares of NYSE:NUS opened at $8.00 on Friday. The firm has a 50 day moving average of $6.78 and a 200 day moving average of $7.08. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $395.30 million, a price-to-earnings ratio of -2.71 and a beta of 0.98. Nu Skin Enterprises, Inc. has a 52 week low of $5.32 and a 52 week high of $13.21.

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

Nu Skin Enterprises Dividend Announcement

The company also recently announced 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 3.00%. Nu Skin Enterprises’s dividend payout ratio is presently -30.00%.

Insider Buying and Selling at Nu Skin Enterprises

In other news, insider Steven Keith Hatchett purchased 6,500 shares of the business’s stock in a transaction on Wednesday, May 28th. The shares were acquired at an average cost of $7.54 per share, with a total value of $49,010.00. Following the completion of the acquisition, the insider now owns 162,065 shares of the company’s stock, valued at $1,221,970.10. This trade represents a 4.18% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Edwina D. Woodbury sold 4,532 shares of the company’s stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $8.44, for a total value of $38,250.08. Following the transaction, the director now directly owns 42,947 shares in the company, valued at approximately $362,472.68. The trade was a 9.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.