DGS Capital Management LLC Makes New $367,000 Investment in Nu Skin Enterprises, Inc. (NYSE:NUS)

DGS Capital Management LLC bought a new stake in Nu Skin Enterprises, Inc. (NYSE:NUS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 18,916 shares of the company’s stock, valued at approximately $367,000.

A number of other large investors also recently made changes to their positions in NUS. State Street Corp increased its holdings in shares of Nu Skin Enterprises by 317.6% in the 1st quarter. State Street Corp now owns 6,520,579 shares of the company’s stock valued at $312,205,000 after purchasing an additional 4,959,089 shares during the period. Millennium Management LLC increased its holdings in shares of Nu Skin Enterprises by 5,827.8% in the 4th quarter. Millennium Management LLC now owns 975,176 shares of the company’s stock valued at $41,113,000 after purchasing an additional 958,725 shares during the period. Invesco Ltd. increased its holdings in shares of Nu Skin Enterprises by 91.8% in the 3rd quarter. Invesco Ltd. now owns 1,694,112 shares of the company’s stock valued at $35,932,000 after purchasing an additional 810,778 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Nu Skin Enterprises by 87.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 847,921 shares of the company’s stock valued at $33,332,000 after purchasing an additional 396,238 shares during the period. Finally, Morgan Stanley increased its holdings in shares of Nu Skin Enterprises by 54.3% in the 3rd quarter. Morgan Stanley now owns 1,103,908 shares of the company’s stock valued at $23,414,000 after purchasing an additional 388,585 shares during the period. Institutional investors and hedge funds own 82.84% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on NUS shares. StockNews.com downgraded Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, February 24th. DA Davidson lowered their price target on Nu Skin Enterprises from $29.00 to $21.00 and set a “neutral” rating for the company in a research note on Friday, January 5th. Four equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, Nu Skin Enterprises currently has an average rating of “Hold” and an average target price of $23.67.

Nu Skin Enterprises Trading Up 2.3 %

Shares of NYSE NUS opened at $12.29 on Wednesday. The stock has a market cap of $607.12 million, a price-to-earnings ratio of 68.25 and a beta of 1.11. The business has a 50 day simple moving average of $13.51 and a 200 day simple moving average of $16.73. Nu Skin Enterprises, Inc. has a 52 week low of $11.84 and a 52 week high of $41.50. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.28 and a current ratio of 2.13.

Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.29 by $0.08. The business had revenue of $488.64 million during the quarter, compared to analysts’ expectations of $479.35 million. Nu Skin Enterprises had a return on equity of 10.73% and a net margin of 0.44%. On average, research analysts predict that Nu Skin Enterprises, Inc. will post 1.13 earnings per share for the current fiscal year.

Nu Skin Enterprises Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, February 26th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $0.24 dividend on an annualized basis and a yield of 1.95%. Nu Skin Enterprises’s payout ratio is currently 133.34%.

Insiders Place Their Bets

In other Nu Skin Enterprises news, Director Andrew D. Lipman sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $18.55, for a total transaction of $37,100.00. Following the completion of the sale, the director now owns 31,225 shares of the company’s stock, valued at $579,223.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 6,000 shares of company stock valued at $86,660 over the last 90 days. 2.80% of the stock is currently owned by company 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.