Strs Ohio Acquires 4,200 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Strs Ohio increased its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 13.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,200 shares of the company’s stock after purchasing an additional 4,200 shares during the quarter. Strs Ohio owned 0.07% of Nu Skin Enterprises worth $703,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Swiss National Bank lifted its stake in Nu Skin Enterprises by 1.0% during the 3rd quarter. Swiss National Bank now owns 109,700 shares of the company’s stock valued at $2,327,000 after acquiring an additional 1,100 shares during the period. Mitsubishi UFJ Trust & Banking Corp lifted its stake in Nu Skin Enterprises by 13.0% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 13,917 shares of the company’s stock valued at $295,000 after acquiring an additional 1,599 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Nu Skin Enterprises by 27.2% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,490 shares of the company’s stock valued at $201,000 after acquiring an additional 2,027 shares during the period. CWM LLC lifted its stake in Nu Skin Enterprises by 5,838.9% during the 3rd quarter. CWM LLC now owns 2,138 shares of the company’s stock valued at $45,000 after acquiring an additional 2,102 shares during the period. Finally, Signaturefd LLC lifted its stake in Nu Skin Enterprises by 240.7% during the 3rd quarter. Signaturefd LLC now owns 3,996 shares of the company’s stock valued at $85,000 after acquiring an additional 2,823 shares during the period. 82.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NUS has been the topic of several recent research reports. DA Davidson lowered their price objective on shares of Nu Skin Enterprises from $29.00 to $21.00 and set a “neutral” rating on the stock in a research note on Friday, January 5th. StockNews.com cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Saturday, February 24th. Four investment analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $23.67.

Nu Skin Enterprises Price Performance

NYSE NUS opened at $12.25 on Friday. Nu Skin Enterprises, Inc. has a 12 month low of $11.84 and a 12 month high of $40.68. The stock has a market cap of $605.15 million, a price-to-earnings ratio of 68.03 and a beta of 1.11. The company’s 50 day moving average is $12.76 and its two-hundred day moving average is $16.35. The company has a current ratio of 2.13, a quick ratio of 1.28 and a debt-to-equity ratio of 0.58.

Nu Skin Enterprises (NYSE:NUS) last released its earnings results on Wednesday, February 14th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.08. Nu Skin Enterprises had a net margin of 0.44% and a return on equity of 10.73%. The company had revenue of $488.64 million for the quarter, compared to analysts’ expectations of $479.35 million. As a group, research analysts anticipate that Nu Skin Enterprises, Inc. will post 1.13 earnings per share for the current year.

Nu Skin Enterprises Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, February 26th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend was Friday, February 23rd. Nu Skin Enterprises’s payout ratio is 133.34%.

Nu Skin Enterprises 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.