American Century Companies Inc. Buys 98,243 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

American Century Companies Inc. boosted its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 21.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 565,079 shares of the company’s stock after acquiring an additional 98,243 shares during the quarter. American Century Companies Inc. owned about 1.14% of Nu Skin Enterprises worth $5,956,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in NUS. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Nu Skin Enterprises during the fourth quarter valued at approximately $227,000. Janney Montgomery Scott LLC purchased a new position in shares of Nu Skin Enterprises during the fourth quarter valued at approximately $481,000. Norges Bank purchased a new position in shares of Nu Skin Enterprises during the fourth quarter valued at approximately $8,930,000. Allianz Asset Management GmbH boosted its position in shares of Nu Skin Enterprises by 45.4% during the fourth quarter. Allianz Asset Management GmbH now owns 226,069 shares of the company’s stock valued at $4,390,000 after buying an additional 70,578 shares during the period. Finally, Aristides Capital LLC purchased a new position in shares of Nu Skin Enterprises during the fourth quarter valued at approximately $274,000. 82.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Citigroup dropped their target price on Nu Skin Enterprises from $14.00 to $11.50 and set a “neutral” rating for the company in a research report on Friday, August 9th. StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Friday, September 6th. Finally, DA Davidson lowered their price target on Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating for the company in a report on Monday, August 12th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $16.50.

Nu Skin Enterprises Stock Down 4.0 %

Shares of NYSE NUS opened at $6.93 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.33 and a current ratio of 2.12. The firm has a market capitalization of $344.19 million, a price-to-earnings ratio of -115.50 and a beta of 1.13. The stock has a 50 day moving average price of $9.26 and a 200 day moving average price of $11.33. Nu Skin Enterprises, Inc. has a 52-week low of $6.72 and a 52-week high of $23.19.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The company had revenue of $439.10 million during the quarter, compared to the consensus estimate of $431.87 million. Nu Skin Enterprises had a negative net margin of 8.05% and a positive return on equity of 7.80%. Nu Skin Enterprises’s revenue for the quarter was down 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.54 earnings per share. Sell-side analysts expect that Nu Skin Enterprises, Inc. will post 0.78 earnings per share for the current year.

Nu Skin Enterprises Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Friday, August 30th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date of this dividend was Friday, August 30th. Nu Skin Enterprises’s dividend payout ratio (DPR) is -400.00%.

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.