Old Mutual Global Investors UK Ltd. grew its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 63.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 821,316 shares of the company’s stock after buying an additional 317,869 shares during the period. Old Mutual Global Investors UK Ltd.’s holdings in Nu Skin Enterprises were worth $56,038,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Ameritas Investment Partners Inc. increased its stake in shares of Nu Skin Enterprises by 2.0% in the second quarter. Ameritas Investment Partners Inc. now owns 14,864 shares of the company’s stock valued at $934,000 after buying an additional 297 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Nu Skin Enterprises by 38.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,082 shares of the company’s stock valued at $210,000 after buying an additional 858 shares during the period. Meeder Asset Management Inc. increased its stake in shares of Nu Skin Enterprises by 7.9% in the fourth quarter. Meeder Asset Management Inc. now owns 12,830 shares of the company’s stock valued at $875,000 after buying an additional 939 shares during the period. TD Asset Management Inc. increased its stake in shares of Nu Skin Enterprises by 5.1% in the third quarter. TD Asset Management Inc. now owns 20,892 shares of the company’s stock valued at $1,284,000 after buying an additional 1,020 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of Nu Skin Enterprises by 12.0% in the fourth quarter. Bank of Montreal Can now owns 9,680 shares of the company’s stock valued at $660,000 after buying an additional 1,034 shares during the period. 77.00% of the stock is owned by institutional investors.

In related news, Chairman Steven Lund sold 13,978 shares of the firm’s stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $70.01, for a total transaction of $978,599.78. Following the completion of the sale, the chairman now owns 4,769 shares of the company’s stock, valued at $333,877.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 195,978 shares of company stock valued at $13,512,733 in the last ninety days. 5.20% of the stock is currently owned by insiders.

NUS has been the subject of several recent research reports. Zacks Investment Research cut Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research note on Wednesday, December 20th. ValuEngine raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, Citigroup reissued a “buy” rating and issued a $81.00 price target (up previously from $70.00) on shares of Nu Skin Enterprises in a research note on Tuesday, January 23rd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $65.38.

Shares of Nu Skin Enterprises, Inc. (NYSE NUS) opened at $68.41 on Wednesday. Nu Skin Enterprises, Inc. has a one year low of $47.10 and a one year high of $74.45. The company has a market capitalization of $3,593.36, a P/E ratio of 24.12, a P/E/G ratio of 2.12 and a beta of 1.46. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.18 and a current ratio of 1.78.

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

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