Old Mutual Global Investors UK Ltd. grew its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 63.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 821,316 shares of the company’s stock after acquiring an additional 317,869 shares during the quarter. Old Mutual Global Investors UK Ltd. owned about 1.56% of Nu Skin Enterprises worth $56,038,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in NUS. Wells Fargo & Company MN lifted its position in shares of Nu Skin Enterprises by 14.8% during the 2nd quarter. Wells Fargo & Company MN now owns 49,408 shares of the company’s stock worth $3,105,000 after buying an additional 6,361 shares during the last quarter. Northern Trust Corp lifted its position in shares of Nu Skin Enterprises by 3.8% during the 2nd quarter. Northern Trust Corp now owns 529,506 shares of the company’s stock worth $33,274,000 after buying an additional 19,350 shares during the last quarter. Virtu KCG Holdings LLC bought a new stake in shares of Nu Skin Enterprises during the 2nd quarter worth $255,000. Shelton Capital Management bought a new stake in shares of Nu Skin Enterprises during the 2nd quarter worth $232,000. Finally, Janus Henderson Group PLC bought a new stake in shares of Nu Skin Enterprises during the 2nd quarter worth $1,973,000. Hedge funds and other institutional investors own 77.00% of the company’s stock.
In other Nu Skin Enterprises news, Chairman Steven Lund sold 42,000 shares of the company’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $68.11, for a total value of $2,860,620.00. Following the completion of the transaction, the chairman now owns 4,769 shares of the company’s stock, valued at approximately $324,816.59. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 195,978 shares of company stock valued at $13,512,733. Insiders own 5.20% of the company’s stock.
Nu Skin Enterprises, Inc. (NUS) opened at $68.41 on Wednesday. Nu Skin Enterprises, Inc. has a fifty-two week low of $47.10 and a fifty-two week high of $74.45. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.78 and a quick ratio of 1.18. The stock has a market capitalization of $3,593.36, a PE ratio of 24.12, a price-to-earnings-growth ratio of 2.12 and a beta of 1.46.
Several analysts recently weighed in on NUS shares. Zacks Investment Research downgraded Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. ValuEngine upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th. Finally, Citigroup restated a “buy” rating and set a $81.00 price objective (up from $70.00) on shares of Nu Skin Enterprises in a research report on Tuesday, January 23rd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $65.38.
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Nu Skin Enterprises Profile
Nu Skin Enterprises, Inc is a direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Nu Skin brand offers a range of products, including ageLOC Me customized skin care system, ageLOC Spa systems and ageLOC Transformation anti-aging skin care system.
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