Quarry LP Purchases 8,839 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Quarry LP grew its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 68.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 21,707 shares of the company’s stock after acquiring an additional 8,839 shares during the period. Quarry LP’s holdings in Nu Skin Enterprises were worth $150,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Meeder Asset Management Inc. bought a new position in shares of Nu Skin Enterprises during the 4th quarter valued at about $25,000. US Bancorp DE grew its position in Nu Skin Enterprises by 424.2% during the 4th quarter. US Bancorp DE now owns 7,460 shares of the company’s stock worth $51,000 after acquiring an additional 6,037 shares during the last quarter. Signaturefd LLC grew its position in Nu Skin Enterprises by 536.8% during the 4th quarter. Signaturefd LLC now owns 8,087 shares of the company’s stock worth $56,000 after acquiring an additional 6,817 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Nu Skin Enterprises by 2,412.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company’s stock worth $57,000 after acquiring an additional 7,888 shares during the last quarter. Finally, Bank of Montreal Can bought a new position in Nu Skin Enterprises during the 4th quarter worth approximately $80,000. 82.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Tuesday, April 8th.

Nu Skin Enterprises Stock Up 1.2 %

Shares of NYSE NUS opened at $5.84 on Tuesday. 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 12 month low of $5.32 and a 12 month high of $14.00. The firm has a market capitalization of $290.38 million, a PE ratio of -1.98 and a beta of 1.10. The firm has a fifty day simple moving average of $7.03 and a two-hundred day simple moving average of $6.95.

Nu Skin Enterprises (NYSE:NUS) last released its earnings results on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.14. The firm had revenue of $445.55 million for the quarter, compared to the consensus estimate of $441.10 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. Equities analysts expect that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date was Monday, February 24th. Nu Skin Enterprises’s dividend payout ratio is presently -8.14%.

Nu Skin Enterprises 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.