Nu Skin Enterprises, Inc. (NYSE:NUS) Position Increased by LS Investment Advisors LLC
LS Investment Advisors LLC increased its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 15.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,235 shares of the company’s stock after buying an additional 577 shares during the period. LS Investment Advisors LLC’s holdings in Nu Skin Enterprises were worth $266,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Independent Portfolio Consultants Inc. increased its stake in Nu Skin Enterprises by 1.7% in the first quarter. Independent Portfolio Consultants Inc. now owns 2,375 shares of the company’s stock worth $132,000 after buying an additional 40 shares during the last quarter. Suntrust Banks Inc. increased its stake in Nu Skin Enterprises by 1.3% in the first quarter. Suntrust Banks Inc. now owns 8,117 shares of the company’s stock worth $450,000 after buying an additional 102 shares during the last quarter. Capstone Asset Management Co. increased its stake in Nu Skin Enterprises by 2.3% in the second quarter. Capstone Asset Management Co. now owns 4,989 shares of the company’s stock worth $314,000 after buying an additional 110 shares during the last quarter. Cambria Investment Management L.P. increased its stake in Nu Skin Enterprises by 1.2% in the first quarter. Cambria Investment Management L.P. now owns 30,891 shares of the company’s stock worth $1,716,000 after buying an additional 378 shares during the last quarter. Finally, Amalgamated Bank increased its stake in Nu Skin Enterprises by 5.2% in the first quarter. Amalgamated Bank now owns 8,698 shares of the company’s stock worth $483,000 after buying an additional 430 shares during the last quarter. Hedge funds and other institutional investors own 85.34% of the company’s stock.
Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) traded down 1.19% during trading on Friday, reaching $60.59. The company’s stock had a trading volume of 446,351 shares. The stock has a market cap of $3.21 billion, a P/E ratio of 20.26 and a beta of 1.31. The stock’s 50-day moving average is $62.44 and its 200-day moving average is $55.96. Nu Skin Enterprises, Inc. has a 12-month low of $46.35 and a 12-month high of $66.04.
Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.08. Nu Skin Enterprises had a return on equity of 24.14% and a net margin of 7.53%. The firm had revenue of $550.10 million during the quarter, compared to analyst estimates of $548.09 million. During the same quarter in the previous year, the company posted $0.79 earnings per share. The company’s revenue was down 8.4% compared to the same quarter last year. Equities research analysts anticipate that Nu Skin Enterprises, Inc. will post $3.22 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 13th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.38%. The ex-dividend date of this dividend is Wednesday, August 23rd. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently 48.81%.
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A number of research firms have recently weighed in on NUS. Stifel Nicolaus set a $50.00 target price on Nu Skin Enterprises and gave the company a “sell” rating in a research report on Thursday. Deutsche Bank AG upped their price objective on Nu Skin Enterprises from $63.00 to $66.00 and gave the stock a “buy” rating in a research report on Wednesday, June 21st. Zacks Investment Research downgraded Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research report on Saturday, June 24th. TheStreet upgraded Nu Skin Enterprises from a “c+” rating to a “b” rating in a research report on Wednesday. Finally, BidaskClub downgraded Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $62.88.
In other Nu Skin Enterprises news, General Counsel D Matthew Dorny sold 8,000 shares of Nu Skin Enterprises stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $56.39, for a total transaction of $451,120.00. Following the completion of the sale, the general counsel now owns 52,730 shares of the company’s stock, valued at $2,973,444.70. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last ninety days, insiders have sold 32,250 shares of company stock valued at $1,956,770. Corporate insiders own 5.20% of the company’s stock.
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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