Victory Capital Management Inc. Buys New Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

Victory Capital Management Inc. bought a new stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) in the 4th quarter, Holdings Channel.com reports. The firm bought 20,461 shares of the company’s stock, valued at approximately $141,000.

Several other large investors have also bought and sold shares of the company. Jane Street Group LLC lifted its holdings in shares of Nu Skin Enterprises by 358.4% during the third quarter. Jane Street Group LLC now owns 924,993 shares of the company’s stock valued at $6,817,000 after purchasing an additional 723,220 shares during the last quarter. Weiss Asset Management LP purchased a new stake in shares of Nu Skin Enterprises during the third quarter valued at $2,727,000. Walleye Capital LLC lifted its holdings in shares of Nu Skin Enterprises by 335.3% during the third quarter. Walleye Capital LLC now owns 289,236 shares of the company’s stock valued at $2,132,000 after purchasing an additional 222,793 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Nu Skin Enterprises by 175.6% during the third quarter. JPMorgan Chase & Co. now owns 231,957 shares of the company’s stock valued at $1,710,000 after purchasing an additional 147,784 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of Nu Skin Enterprises by 27.7% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 603,555 shares of the company’s stock valued at $4,448,000 after purchasing an additional 130,980 shares during the last quarter. Institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Stock Down 4.7 %

Shares of Nu Skin Enterprises stock opened at $7.74 on Monday. The stock has a 50-day moving average price of $7.34 and a 200 day moving average price of $7.10. The company has a market cap of $384.61 million, a P/E ratio of -2.62 and a beta of 1.06. 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 $5.95 and a 1 year high of $14.04.

Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.14. The firm had revenue of $445.55 million during the quarter, compared to the consensus estimate of $441.10 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 3.10%. The ex-dividend date was Monday, February 24th. Nu Skin Enterprises’s payout ratio is currently -8.14%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. DA Davidson reduced their target price on Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating for the company in a report on Friday, December 20th. StockNews.com raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Tuesday, February 25th.

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.