Geode Capital Management LLC Decreases Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

Geode Capital Management LLC decreased its holdings in Nu Skin Enterprises, Inc. (NYSE:NUS) by 0.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,124,787 shares of the company’s stock after selling 5,700 shares during the period. Geode Capital Management LLC owned about 2.26% of Nu Skin Enterprises worth $7,752,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in shares of Nu Skin Enterprises by 74.9% in the 4th quarter. JPMorgan Chase & Co. now owns 405,667 shares of the company’s stock valued at $2,795,000 after purchasing an additional 173,710 shares in the last quarter. Bank of New York Mellon Corp raised 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 buying an additional 95,938 shares in the last quarter. American Century Companies Inc. lifted its holdings in 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 during the last quarter. AlphaQuest LLC boosted its position in shares of Nu Skin Enterprises by 197.8% during the 4th quarter. AlphaQuest LLC now owns 108,204 shares of the company’s stock worth $746,000 after acquiring an additional 71,864 shares in the last quarter. Finally, Barclays PLC increased its holdings in shares of Nu Skin Enterprises by 363.8% in the 3rd quarter. Barclays PLC now owns 85,437 shares of the company’s stock valued at $629,000 after acquiring an additional 67,016 shares during the last quarter. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Tuesday, April 8th.

Nu Skin Enterprises Stock Performance

NYSE NUS opened at $5.72 on Friday. The stock has a market cap of $284.17 million, a price-to-earnings ratio of -1.94 and a beta of 1.10. The business has a fifty day moving average of $7.10 and a 200-day moving average of $6.95. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.32 and a fifty-two week high of $14.00. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.14. The company had revenue of $445.55 million for the quarter, compared to analysts’ expectations of $441.10 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. As a group, analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend was Monday, February 24th. Nu Skin Enterprises’s dividend payout ratio is currently -8.14%.

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.