Algert Global LLC Acquires New Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

Algert Global LLC acquired a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) in the 4th quarter, HoldingsChannel reports. The firm acquired 18,170 shares of the company’s stock, valued at approximately $125,000.

A number of other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. grew its stake in shares of Nu Skin Enterprises by 12.0% in the 4th quarter. American Century Companies Inc. now owns 824,739 shares of the company’s stock valued at $5,682,000 after buying an additional 88,181 shares during the period. Susquehanna International Group LLP lifted its holdings in Nu Skin Enterprises by 191.9% in 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 grew its position 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 worth $4,226,000 after acquiring an additional 95,938 shares during the period. Prescott Group Capital Management L.L.C. grew its position in Nu Skin Enterprises by 3.2% in 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 acquiring an additional 17,623 shares during the period. Finally, Trexquant Investment LP increased its stake in Nu Skin Enterprises by 6.3% during the fourth quarter. Trexquant Investment LP now owns 573,917 shares of the company’s stock worth $3,954,000 after acquiring an additional 34,006 shares during the last quarter. 82.84% of the stock is owned by hedge funds and other institutional investors.

Nu Skin Enterprises Stock Performance

Shares of NUS stock opened at $7.44 on Wednesday. Nu Skin Enterprises, Inc. has a 1-year low of $5.32 and a 1-year high of $14.00. The firm has a market cap of $369.94 million, a PE ratio of -2.52 and a beta of 0.92. The company has a 50-day moving average of $6.71 and a two-hundred day moving average of $6.95. 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 (NYSE:NUS) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. The firm had revenue of $364.49 million during the quarter, compared to analysts’ expectations of $352.06 million. On average, analysts predict that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Friday, May 30th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 3.23%. The ex-dividend date is Friday, May 30th. Nu Skin Enterprises’s payout ratio is currently -30.00%.

Analysts Set New Price Targets

Separately, StockNews.com raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Monday.

About Nu Skin Enterprises

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.