Nu Skin Enterprises, Inc. $NUS Shares Purchased by American Century Companies Inc.

American Century Companies Inc. boosted its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 21.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,480,967 shares of the company’s stock after buying an additional 258,134 shares during the period. American Century Companies Inc. owned 2.99% of Nu Skin Enterprises worth $18,053,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of NUS. Los Angeles Capital Management LLC purchased a new stake in Nu Skin Enterprises in the 2nd quarter valued at $280,000. Wedge Capital Management L L P NC purchased a new position in Nu Skin Enterprises during the 3rd quarter worth $1,280,000. Acadian Asset Management LLC increased its stake in Nu Skin Enterprises by 155.4% in the second quarter. Acadian Asset Management LLC now owns 265,267 shares of the company’s stock valued at $2,114,000 after purchasing an additional 161,418 shares during the period. Inspire Investing LLC increased its stake in Nu Skin Enterprises by 153.5% in the third quarter. Inspire Investing LLC now owns 123,690 shares of the company’s stock valued at $1,508,000 after purchasing an additional 74,896 shares during the period. Finally, Prudential Financial Inc. raised its holdings in shares of Nu Skin Enterprises by 104.2% in the second quarter. Prudential Financial Inc. now owns 601,697 shares of the company’s stock valued at $4,808,000 after buying an additional 307,085 shares during the last quarter. 82.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on NUS. Zacks Research downgraded shares of Nu Skin Enterprises from a “hold” rating to a “strong sell” rating in a research note on Monday, March 2nd. Wall Street Zen downgraded Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nu Skin Enterprises in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

Nu Skin Enterprises Stock Performance

Shares of NUS stock opened at $7.34 on Wednesday. The company has a current ratio of 2.08, a quick ratio of 1.40 and a debt-to-equity ratio of 0.25. The stock has a 50 day simple moving average of $9.66 and a 200-day simple moving average of $10.43. The company has a market cap of $353.37 million, a price-to-earnings ratio of 2.29 and a beta of 1.05. Nu Skin Enterprises, Inc. has a 12-month low of $5.32 and a 12-month high of $14.62.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Friday, February 13th. The company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). The business had revenue of $370.32 million during the quarter, compared to analysts’ expectations of $382.70 million. Nu Skin Enterprises had a net margin of 10.79% and a return on equity of 8.14%. On average, equities analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Friday, February 27th. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently 7.50%.

Nu Skin Enterprises Company Profile

Nu Skin Enterprises, Inc is a Utah-based direct selling company that develops and distributes personal care products and dietary supplements. Operating through a network marketing model, Nu Skin offers a portfolio of wellness, anti-aging skin care, hair care and nutritional products designed to support healthy living and appearance. The company leverages independent distributors to market its offerings directly to consumers across multiple channels, including online platforms and localized events.

Founded in 1984 by Blake M.