Deutsche Bank AG Purchases 17,605 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Deutsche Bank AG lifted its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 53.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,262 shares of the company’s stock after buying an additional 17,605 shares during the quarter. Deutsche Bank AG owned approximately 0.10% of Nu Skin Enterprises worth $346,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of Montreal Can bought a new position in shares of Nu Skin Enterprises during the 4th quarter worth $80,000. AlphaQuest LLC grew 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 buying an additional 71,864 shares in the last quarter. MetLife Investment Management LLC grew its position in shares of Nu Skin Enterprises by 36.2% during the 4th quarter. MetLife Investment Management LLC now owns 30,429 shares of the company’s stock worth $210,000 after buying an additional 8,091 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Nu Skin Enterprises by 74.9% during the 4th quarter. JPMorgan Chase & Co. now owns 405,667 shares of the company’s stock worth $2,795,000 after buying an additional 173,710 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. grew its position in shares of Nu Skin Enterprises by 15.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company’s stock worth $15,512,000 after buying an additional 301,295 shares in the last quarter. Institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Price Performance

Shares of NUS stock opened at $8.63 on Friday. Nu Skin Enterprises, Inc. has a 1-year low of $5.32 and a 1-year high of $13.90. The stock’s 50-day moving average is $6.62 and its 200 day moving average is $7.05. The company has a market cap of $426.43 million, a P/E ratio of -2.93 and a beta of 0.92. 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 issued its quarterly earnings data on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Nu Skin Enterprises had a positive return on equity of 5.86% and a negative net margin of 8.46%. The company had revenue of $364.49 million for the quarter, compared to the consensus estimate of $352.06 million. Research analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Friday, May 30th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date is Friday, May 30th. Nu Skin Enterprises’s payout ratio is currently -30.00%.

Insider Activity at Nu Skin Enterprises

In other Nu Skin Enterprises news, insider Steven Keith Hatchett purchased 6,500 shares of the firm’s stock in a transaction on Wednesday, May 28th. The stock was bought at an average cost of $7.54 per share, for a total transaction of $49,010.00. Following the completion of the purchase, the insider now owns 162,065 shares in the company, valued at $1,221,970.10. This represents a 4.18% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

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

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.