Northwestern Mutual Investment Management Company LLC Increases Holdings in Nu Skin Enterprises, Inc. (NUS)

Northwestern Mutual Investment Management Company LLC boosted its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 56.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,146 shares of the company’s stock after acquiring an additional 3,664 shares during the period. Northwestern Mutual Investment Management Company LLC’s holdings in Nu Skin Enterprises were worth $748,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allianz Asset Management GmbH acquired a new position in shares of Nu Skin Enterprises in the first quarter valued at approximately $293,000. HRT Financial LLC acquired a new position in shares of Nu Skin Enterprises in the first quarter valued at approximately $707,000. Gideon Capital Advisors Inc. raised its position in shares of Nu Skin Enterprises by 81.0% in the first quarter. Gideon Capital Advisors Inc. now owns 9,211 shares of the company’s stock valued at $679,000 after buying an additional 4,123 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Nu Skin Enterprises by 2.3% in the first quarter. Principal Financial Group Inc. now owns 217,221 shares of the company’s stock valued at $16,011,000 after buying an additional 4,781 shares during the last quarter. Finally, Koch Industries Inc. acquired a new position in shares of Nu Skin Enterprises in the first quarter valued at approximately $327,000. Institutional investors own 76.20% of the company’s stock.

In related news, General Counsel D Matthew Dorny sold 3,250 shares of the company’s stock in a transaction that occurred on Monday, April 2nd. The shares were sold at an average price of $72.22, for a total transaction of $234,715.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Steven Lund sold 81,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 4th. The stock was sold at an average price of $75.00, for a total transaction of $6,075,000.00. Following the transaction, the chairman now directly owns 4,769 shares of the company’s stock, valued at approximately $357,675. The disclosure for this sale can be found here. Insiders have sold 109,750 shares of company stock valued at $8,259,910 in the last ninety days. 5.20% of the stock is currently owned by company insiders.

Shares of Nu Skin Enterprises opened at $81.15 on Friday, MarketBeat.com reports. Nu Skin Enterprises, Inc. has a one year low of $53.50 and a one year high of $84.00. The company has a quick ratio of 0.75, a current ratio of 1.14 and a debt-to-equity ratio of 0.13. The company has a market cap of $4.54 billion, a P/E ratio of 24.23, a P/E/G ratio of 2.51 and a beta of 1.34.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Thursday, April 26th. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.70 by $0.09. Nu Skin Enterprises had a net margin of 5.74% and a return on equity of 25.36%. The firm had revenue of $616.00 million during the quarter, compared to analyst estimates of $564.46 million. During the same quarter in the prior year, the business posted $0.51 earnings per share. Nu Skin Enterprises’s revenue for the quarter was up 23.4% compared to the same quarter last year. research analysts anticipate that Nu Skin Enterprises, Inc. will post 3.55 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 13th. Investors of record on Friday, May 25th were given a dividend of $0.365 per share. This represents a $1.46 annualized dividend and a yield of 1.80%. The ex-dividend date was Thursday, May 24th. Nu Skin Enterprises’s dividend payout ratio (DPR) is 45.20%.

A number of equities analysts have recently weighed in on the stock. ValuEngine lowered shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 6th. Citigroup boosted their price objective on shares of Nu Skin Enterprises from $81.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, April 30th. Zacks Investment Research lowered shares of Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research report on Tuesday, June 12th. Jefferies Financial Group assumed coverage on shares of Nu Skin Enterprises in a research report on Thursday, June 14th. They issued a “buy” rating and a $98.00 price objective for the company. Finally, Deutsche Bank lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating and set a $77.00 price objective for the company. in a research report on Friday, April 13th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. Nu Skin Enterprises presently has a consensus rating of “Hold” and an average target price of $77.00.

About Nu Skin Enterprises

Nu Skin Enterprises, Inc develops and distributes anti-aging personal care products and nutritional supplements under the Nu Skin and Pharmanex category brands worldwide. It provides skin care systems and targeted treatment products, including ageLOC Me customized skin care systems, ageLOC Spa systems, and ageLOC LumiSpa skin treatment and cleansing devices; and Epoch products, as well as a range of other cosmetic, personal care, and hair care products.

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Institutional Ownership by Quarter for Nu Skin Enterprises (NYSE:NUS)

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