Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,400 shares of the company’s stock, valued at approximately $344,000.

Several other hedge funds also recently modified their holdings of NUS. BlackRock Inc. increased its position in shares of Nu Skin Enterprises by 11.5% during the second quarter. BlackRock Inc. now owns 6,143,407 shares of the company’s stock worth $480,352,000 after acquiring an additional 635,246 shares in the last quarter. Millennium Management LLC increased its position in shares of Nu Skin Enterprises by 937.5% during the first quarter. Millennium Management LLC now owns 422,098 shares of the company’s stock worth $31,113,000 after acquiring an additional 381,414 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Nu Skin Enterprises by 51.1% during the second quarter. Renaissance Technologies LLC now owns 814,000 shares of the company’s stock worth $63,647,000 after acquiring an additional 275,200 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Nu Skin Enterprises by 112.2% during the second quarter. Acadian Asset Management LLC now owns 368,804 shares of the company’s stock worth $28,834,000 after acquiring an additional 194,990 shares in the last quarter. Finally, OppenheimerFunds Inc. increased its position in shares of Nu Skin Enterprises by 1,497.3% during the first quarter. OppenheimerFunds Inc. now owns 148,041 shares of the company’s stock worth $10,912,000 after acquiring an additional 138,773 shares in the last quarter. 76.00% of the stock is owned by institutional investors.

NUS has been the subject of several research reports. Jefferies Financial Group reissued a “buy” rating and set a $98.00 price objective on shares of Nu Skin Enterprises in a research report on Tuesday, September 4th. Zacks Investment Research downgraded shares of Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research report on Tuesday, June 12th. Stifel Nicolaus raised shares of Nu Skin Enterprises from a “sell” rating to a “hold” rating and raised their target price for the company from $57.00 to $70.00 in a research report on Thursday, August 2nd. They noted that the move was a valuation call. Finally, ValuEngine downgraded shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 6th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $85.33.

In related news, Director Edwina D. Woodbury sold 5,000 shares of the firm’s stock in a transaction on Monday, August 6th. The shares were sold at an average price of $85.02, for a total value of $425,100.00. Following the completion of the transaction, the director now owns 11,860 shares of the company’s stock, valued at $1,008,337.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, President Ryan S. Napierski sold 10,000 shares of the firm’s stock in a transaction on Friday, August 3rd. The shares were sold at an average price of $80.00, for a total transaction of $800,000.00. Following the completion of the transaction, the president now directly owns 74,602 shares of the company’s stock, valued at approximately $5,968,160. The disclosure for this sale can be found here. In the last ninety days, insiders sold 43,850 shares of company stock valued at $3,589,888. 5.20% of the stock is owned by insiders.

Nu Skin Enterprises stock opened at $84.41 on Monday. The firm has a market capitalization of $4.69 billion, a P/E ratio of 26.13, a price-to-earnings-growth ratio of 2.41 and a beta of 1.11. Nu Skin Enterprises, Inc. has a 1-year low of $59.31 and a 1-year high of $88.68. The company has a quick ratio of 1.19, a current ratio of 1.82 and a debt-to-equity ratio of 0.46.

Nu Skin Enterprises (NYSE:NUS) last released its earnings results on Thursday, August 2nd. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.18. The business had revenue of $704.19 million during the quarter, compared to the consensus estimate of $642.16 million. Nu Skin Enterprises had a net margin of 5.74% and a return on equity of 25.67%. The firm’s revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.77 earnings per share. research analysts anticipate that Nu Skin Enterprises, Inc. will post 3.61 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 12th. Investors of record on Friday, August 31st were given a $0.365 dividend. This represents a $1.46 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date was Thursday, August 30th. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently 45.20%.

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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