Legal & General Group Plc Decreases Stake in Nu Skin Enterprises, Inc. (NYSE:NUS)

Legal & General Group Plc lessened its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 93.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,459 shares of the company’s stock after selling 65,521 shares during the quarter. Legal & General Group Plc’s holdings in Nu Skin Enterprises were worth $31,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in NUS. Meeder Asset Management Inc. purchased a new position in Nu Skin Enterprises during the 4th quarter valued at about $25,000. US Bancorp DE increased its stake in shares of Nu Skin Enterprises by 424.2% during the fourth quarter. US Bancorp DE now owns 7,460 shares of the company’s stock valued at $51,000 after buying an additional 6,037 shares during the period. Signaturefd LLC raised its holdings in shares of Nu Skin Enterprises by 536.8% during the fourth quarter. Signaturefd LLC now owns 8,087 shares of the company’s stock valued at $56,000 after acquiring an additional 6,817 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Nu Skin Enterprises by 2,412.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company’s stock worth $57,000 after acquiring an additional 7,888 shares during the period. Finally, Bank of Montreal Can bought a new stake in Nu Skin Enterprises in the fourth quarter valued at $80,000. Institutional investors own 82.84% of the company’s stock.

Analysts Set New Price Targets

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

Nu Skin Enterprises Stock Down 2.8 %

Shares of Nu Skin Enterprises stock opened at $6.15 on Friday. 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, Inc. has a twelve month low of $5.32 and a twelve month high of $14.00. The company has a market cap of $306.00 million, a price-to-earnings ratio of -2.09 and a beta of 1.10. The company’s 50 day moving average is $6.94 and its 200 day moving average is $6.94.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.14. 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 $445.55 million for the quarter, compared to analysts’ expectations of $441.10 million. Research analysts anticipate that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The company also recently disclosed 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 of this dividend was Monday, February 24th. This represents a $0.24 dividend on an annualized basis and a yield of 3.90%. Nu Skin Enterprises’s 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.