Nu Skin Enterprises, Inc. (NYSE:NUS) Shares Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. lifted its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 2,542.6% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,117 shares of the company’s stock after purchasing an additional 8,772 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Nu Skin Enterprises were worth $66,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in NUS. Rhumbline Advisers lifted its position in shares of Nu Skin Enterprises by 70.9% during the fourth quarter. Rhumbline Advisers now owns 138,477 shares of the company’s stock worth $954,000 after purchasing an additional 57,443 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Nu Skin Enterprises by 18.5% in 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 acquiring an additional 95,938 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Nu Skin Enterprises in the fourth quarter valued at approximately $115,000. US Bancorp DE raised its holdings in Nu Skin Enterprises by 424.2% in the fourth quarter. US Bancorp DE now owns 7,460 shares of the company’s stock valued at $51,000 after acquiring an additional 6,037 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in Nu Skin Enterprises in the fourth quarter valued at approximately $157,000. Institutional investors and hedge funds own 82.84% of the company’s stock.

Nu Skin Enterprises Stock Down 5.1%

Shares of NYSE:NUS opened at $7.58 on Monday. The firm’s 50 day moving average price is $6.84 and its 200 day moving average price is $7.08. The stock has a market cap of $374.55 million, a price-to-earnings ratio of -2.57 and a beta of 0.98. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.32 and a fifty-two week high of $12.65. 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 (NYSE:NUS) last issued its earnings results on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.08. The firm had revenue of $364.49 million for the quarter, compared to analysts’ expectations 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, equities 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 declared a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th were paid a $0.06 dividend. The ex-dividend date was Friday, May 30th. This represents a $0.24 annualized dividend and a yield of 3.17%. Nu Skin Enterprises’s dividend payout ratio is currently -30.00%.

Analyst Ratings Changes

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

Insider Buying and Selling at Nu Skin Enterprises

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

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.