12,516 Shares in Nu Skin Enterprises, Inc. (NYSE:NUS) Acquired by Handelsbanken Fonder AB

Handelsbanken Fonder AB bought a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 12,516 shares of the company’s stock, valued at approximately $243,000.

Other large investors have also added to or reduced their stakes in the company. Signaturefd LLC grew its stake in shares of Nu Skin Enterprises by 25.1% in the 4th quarter. Signaturefd LLC now owns 5,000 shares of the company’s stock valued at $97,000 after buying an additional 1,004 shares during the period. Swiss National Bank grew its stake in shares of Nu Skin Enterprises by 1.0% in the 3rd quarter. Swiss National Bank now owns 109,700 shares of the company’s stock valued at $2,327,000 after buying an additional 1,100 shares during the period. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Nu Skin Enterprises by 13.0% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 13,917 shares of the company’s stock valued at $295,000 after buying an additional 1,599 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Nu Skin Enterprises by 27.2% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,490 shares of the company’s stock valued at $201,000 after buying an additional 2,027 shares during the period. Finally, CWM LLC grew its stake in shares of Nu Skin Enterprises by 5,838.9% in the 3rd quarter. CWM LLC now owns 2,138 shares of the company’s stock valued at $45,000 after buying an additional 2,102 shares during the period. Institutional investors and hedge funds own 82.84% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on NUS shares. DA Davidson reduced their target price on Nu Skin Enterprises from $29.00 to $21.00 and set a “neutral” rating for the company in a research note on Friday, January 5th. StockNews.com downgraded Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Saturday, February 24th. Four analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $23.67.

Nu Skin Enterprises Price Performance

NUS stock opened at $12.41 on Friday. The company has a market capitalization of $613.30 million, a P/E ratio of 68.95 and a beta of 1.13. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.28 and a current ratio of 2.13. Nu Skin Enterprises, Inc. has a 52-week low of $11.73 and a 52-week high of $39.38. The business has a 50-day simple moving average of $12.66 and a two-hundred day simple moving average of $16.07.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings results on Wednesday, February 14th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.08. Nu Skin Enterprises had a return on equity of 10.73% and a net margin of 0.44%. The business had revenue of $488.64 million during the quarter, compared to the consensus estimate of $479.35 million. Research analysts expect that Nu Skin Enterprises, Inc. will post 1.13 EPS for the current fiscal year.

Nu Skin Enterprises Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, February 26th were paid a $0.06 dividend. The ex-dividend date was Friday, February 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.93%. Nu Skin Enterprises’s payout ratio is presently 133.34%.

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.