American Century Companies Inc. boosted its position in Nu Skin Enterprises, Inc. (NYSE:NUS – Free Report) by 12.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 824,739 shares of the company’s stock after acquiring an additional 88,181 shares during the period. American Century Companies Inc. owned 1.66% of Nu Skin Enterprises worth $5,682,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its stake in shares of Nu Skin Enterprises by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 1,130,487 shares of the company’s stock valued at $8,333,000 after purchasing an additional 11,838 shares during the last quarter. Jane Street Group LLC lifted its holdings in Nu Skin Enterprises by 358.4% in the third quarter. Jane Street Group LLC now owns 924,993 shares of the company’s stock valued at $6,817,000 after buying an additional 723,220 shares during the period. Bank of New York Mellon Corp boosted its stake in Nu Skin Enterprises by 18.5% in 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. Hotchkis & Wiley Capital Management LLC grew its holdings in Nu Skin Enterprises by 27.7% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 603,555 shares of the company’s stock worth $4,448,000 after acquiring an additional 130,980 shares during the period. Finally, Prescott Group Capital Management L.L.C. grew its holdings in Nu Skin Enterprises by 3.2% during the 4th quarter. Prescott Group Capital Management L.L.C. now owns 574,636 shares of the company’s stock worth $3,959,000 after acquiring an additional 17,623 shares during the period. 82.84% of the stock is currently owned by institutional investors and hedge funds.
Nu Skin Enterprises Stock Down 5.3 %
Shares of NYSE NUS opened at $6.47 on Friday. Nu Skin Enterprises, Inc. has a 52-week low of $5.95 and a 52-week high of $14.00. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.82. The stock has a market cap of $321.46 million, a P/E ratio of -2.19 and a beta of 1.06. The firm has a 50 day moving average price of $7.36 and a 200 day moving average price of $7.07.
Nu Skin Enterprises Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were issued a $0.06 dividend. The ex-dividend date was Monday, February 24th. This represents a $0.24 annualized dividend and a dividend yield of 3.71%. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently -8.14%.
Analysts Set New Price Targets
A number of research firms have recently weighed in on NUS. DA Davidson cut their price target on Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating on the stock in a research note on Friday, December 20th. StockNews.com raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Tuesday, February 25th.
Get Our Latest Stock Report on Nu Skin Enterprises
Nu Skin Enterprises Company 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.
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