Public Employees Retirement System of Ohio Acquires 1,768 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Public Employees Retirement System of Ohio boosted its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 28.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,976 shares of the company’s stock after acquiring an additional 1,768 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Nu Skin Enterprises were worth $55,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Rhumbline Advisers grew its holdings in Nu Skin Enterprises by 70.9% during the fourth quarter. Rhumbline Advisers now owns 138,477 shares of the company’s stock valued at $954,000 after purchasing an additional 57,443 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Nu Skin Enterprises by 18.5% during 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 purchasing an additional 95,938 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Nu Skin Enterprises during the fourth quarter valued at approximately $115,000. US Bancorp DE grew 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 valued at $51,000 after purchasing an additional 6,037 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in Nu Skin Enterprises during the fourth quarter valued at approximately $157,000. Institutional investors own 82.84% of the company’s stock.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other news, insider Steven Keith Hatchett bought 6,500 shares of Nu Skin Enterprises stock in a transaction that occurred on Wednesday, May 28th. The stock was purchased at an average cost of $7.54 per share, with a total value of $49,010.00. Following the completion of the transaction, the insider now directly owns 162,065 shares in the company, valued at $1,221,970.10. This trade represents a 4.18% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Edwina D. Woodbury sold 4,532 shares of the firm’s stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $8.44, for a total value of $38,250.08. Following the completion of the transaction, the director now directly owns 42,947 shares of the company’s stock, valued at approximately $362,472.68. This trade represents a 9.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.00% of the stock is owned by company insiders.

Nu Skin Enterprises Trading Up 1.9%

Shares of Nu Skin Enterprises stock opened at $7.93 on Friday. The company’s fifty day simple moving average is $6.70 and its 200-day simple moving average is $7.07. The company has a market cap of $391.85 million, a price-to-earnings ratio of -2.69 and a beta of 0.98. The company has a current ratio of 1.82, a quick ratio of 1.17 and a debt-to-equity ratio of 0.56. Nu Skin Enterprises, Inc. has a 1 year low of $5.32 and a 1 year high of $13.70.

Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.08. The business had revenue of $364.49 million for the quarter, compared to the consensus estimate of $352.06 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. As a group, sell-side analysts expect that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Friday, May 30th will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.24 annualized dividend and a yield of 3.03%. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently -30.00%.

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.