State of Wyoming Raises Stock Holdings in Nu Skin Enterprises, Inc. (NYSE:NUS)

State of Wyoming lifted its holdings in Nu Skin Enterprises, Inc. (NYSE:NUS) by 80.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 47,670 shares of the company’s stock after buying an additional 21,320 shares during the quarter. State of Wyoming owned approximately 0.10% of Nu Skin Enterprises worth $328,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. ProShare Advisors LLC purchased a new position in Nu Skin Enterprises during the 4th quarter worth $96,000. Quantinno Capital Management LP purchased a new position in Nu Skin Enterprises during the 4th quarter worth $136,000. Man Group plc increased its holdings in Nu Skin Enterprises by 125.5% during the 4th quarter. Man Group plc now owns 102,836 shares of the company’s stock worth $709,000 after purchasing an additional 57,235 shares during the period. Lazard Asset Management LLC purchased a new position in Nu Skin Enterprises during the 4th quarter worth $80,000. Finally, J. Goldman & Co LP purchased a new position in Nu Skin Enterprises during the 4th quarter worth $111,000. 82.84% of the stock is currently owned by hedge funds and other institutional investors.

Nu Skin Enterprises Stock Down 3.9%

Shares of NYSE NUS opened at $7.30 on Thursday. The company has a current ratio of 1.82, a quick ratio of 1.17 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $360.57 million, a PE ratio of -2.47 and a beta of 0.92. The stock’s fifty day simple moving average is $6.63 and its two-hundred day simple moving average is $7.00. Nu Skin Enterprises, Inc. has a 12-month low of $5.32 and a 12-month high of $13.90.

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

Nu Skin Enterprises Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.24 dividend on an annualized basis and a yield of 3.29%. Nu Skin Enterprises’s dividend payout ratio is currently -30.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Monday, May 12th.

About Nu Skin Enterprises

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.