Northern Trust Corp Trims Stake in Nu Skin Enterprises, Inc. (NYSE:NUS)

Northern Trust Corp decreased its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 4.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 462,579 shares of the company’s stock after selling 21,978 shares during the period. Northern Trust Corp owned about 0.93% of Nu Skin Enterprises worth $3,187,000 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 NUS. Meeder Asset Management Inc. purchased a new position in shares of Nu Skin Enterprises during the 4th quarter worth approximately $25,000. US Bancorp DE grew its holdings in shares of Nu Skin Enterprises by 424.2% during the 4th quarter. US Bancorp DE now owns 7,460 shares of the company’s stock worth $51,000 after acquiring an additional 6,037 shares during the period. Signaturefd LLC grew its holdings in shares of Nu Skin Enterprises by 536.8% during the 4th quarter. Signaturefd LLC now owns 8,087 shares of the company’s stock worth $56,000 after acquiring an additional 6,817 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Nu Skin Enterprises by 2,412.2% during the 4th 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 purchased a new position in shares of Nu Skin Enterprises during the 4th quarter worth approximately $80,000. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Stock Performance

Nu Skin Enterprises stock opened at $7.26 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. The company has a market capitalization of $358.74 million, a P/E ratio of -2.46 and a beta of 0.92. The stock’s 50 day moving average is $6.61 and its 200 day moving average is $7.01. Nu Skin Enterprises, Inc. has a twelve month low of $5.32 and a twelve month high of $13.90.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.08. The company had revenue of $364.49 million for the quarter, compared to the consensus estimate of $352.06 million. Nu Skin Enterprises had a positive return on equity of 5.86% and a negative net margin of 8.46%. On average, equities research 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 declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Friday, May 30th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.24 annualized dividend and a dividend yield of 3.31%. Nu Skin Enterprises’s payout ratio is currently -30.00%.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Monday, May 12th.

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.