Catalyst Funds Management Pty Ltd Boosts Holdings in Nu Skin Enterprises, Inc. (NYSE:NUS)

Catalyst Funds Management Pty Ltd raised its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 15.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,100 shares of the company’s stock after purchasing an additional 5,200 shares during the period. Catalyst Funds Management Pty Ltd owned 0.08% of Nu Skin Enterprises worth $269,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NUS. US Bancorp DE lifted its stake in shares of Nu Skin Enterprises by 424.2% in the fourth quarter. US Bancorp DE now owns 7,460 shares of the company’s stock worth $51,000 after buying an additional 6,037 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Nu Skin Enterprises by 2,412.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company’s stock worth $57,000 after buying an additional 7,888 shares in the last quarter. Gladius Capital Management LP purchased a new position in shares of Nu Skin Enterprises in the third quarter worth about $77,000. Versor Investments LP purchased a new position in shares of Nu Skin Enterprises in the third quarter worth about $86,000. Finally, Virtu Financial LLC purchased a new position in shares of Nu Skin Enterprises in the third quarter worth about $93,000. 82.84% of the stock is owned by hedge funds and other institutional investors.

Nu Skin Enterprises Price Performance

Shares of NUS opened at $8.11 on Monday. Nu Skin Enterprises, Inc. has a 1-year low of $5.95 and a 1-year high of $14.04. The stock has a market cap of $403.35 million, a PE ratio of -2.75 and a beta of 1.06. The firm has a 50-day simple moving average of $7.20 and a two-hundred day simple moving average of $7.13. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.82 and a quick ratio of 1.17.

Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.14. The business had revenue of $445.55 million during the quarter, compared to analysts’ expectations of $441.10 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. As a group, analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date of this dividend was Monday, February 24th. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently -8.14%.

Analyst Upgrades and Downgrades

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

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.