Nu Skin Enterprises, Inc. (NYSE:NUS) Shares Bought by MetLife Investment Management LLC

MetLife Investment Management LLC lifted its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 36.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,429 shares of the company’s stock after buying an additional 8,091 shares during the period. MetLife Investment Management LLC owned approximately 0.06% of Nu Skin Enterprises worth $210,000 at the end of the most recent quarter.

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

Nu Skin Enterprises Stock Performance

NYSE:NUS opened at $6.14 on Friday. The firm’s fifty day simple moving average is $6.74 and its 200-day simple moving average is $6.93. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56. The stock has a market cap of $305.15 million, a PE ratio of -2.08 and a beta of 0.92. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.32 and a fifty-two week high of $14.00.

Nu Skin Enterprises (NYSE:NUS) last issued its earnings results on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.10. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. Analysts expect that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.24 annualized dividend and a yield of 3.91%. Nu Skin Enterprises’s dividend payout ratio is presently -8.14%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Tuesday, April 8th.

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.