Nu Skin Enterprises, Inc. (NYSE:NUS) dropped 7.5% during trading on Wednesday . The stock traded as low as $52.57 and last traded at $52.59. Approximately 1,104,134 shares changed hands during trading, an increase of 75% from the average daily volume of 632,090 shares. The stock had previously closed at $56.83.

NUS has been the topic of several research analyst reports. Pivotal Research restated a “buy” rating and set a $85.00 target price on shares of Nu Skin Enterprises in a research report on Wednesday, February 13th. Zacks Investment Research upgraded shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a research report on Tuesday, February 12th. Tigress Financial restated a “buy” rating on shares of Nu Skin Enterprises in a research report on Wednesday, November 21st. Citigroup set a $86.00 target price on shares of Nu Skin Enterprises and gave the stock a “buy” rating in a research report on Friday, February 15th. Finally, TheStreet lowered shares of Nu Skin Enterprises from a “b” rating to a “c+” rating in a research report on Thursday, February 14th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $80.25.

The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.15 and a current ratio of 1.82. The stock has a market capitalization of $3.15 billion, a P/E ratio of 14.94, a PEG ratio of 1.33 and a beta of 0.68.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings data on Wednesday, February 13th. The company reported $1.05 EPS for the quarter, hitting the consensus estimate of $1.05. Nu Skin Enterprises had a net margin of 4.55% and a return on equity of 25.98%. The business had revenue of $683.29 million for the quarter, compared to analyst estimates of $676.76 million. During the same period in the previous year, the firm earned $1.20 EPS. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. Analysts expect that Nu Skin Enterprises, Inc. will post 3.91 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 13th. Investors of record on Monday, February 25th were given a $0.37 dividend. The ex-dividend date of this dividend was Friday, February 22nd. This is a positive change from Nu Skin Enterprises’s previous quarterly dividend of $0.37. This represents a $1.48 annualized dividend and a dividend yield of 2.81%. Nu Skin Enterprises’s payout ratio is currently 42.05%.

In related news, General Counsel D Matthew Dorny sold 1,250 shares of the business’s stock in a transaction dated Wednesday, January 2nd. The shares were sold at an average price of $60.60, for a total value of $75,750.00. Following the sale, the general counsel now directly owns 32,621 shares in the company, valued at approximately $1,976,832.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.00% of the stock is owned by insiders.

A number of large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its holdings in Nu Skin Enterprises by 7.3% in the 4th quarter. Geode Capital Management LLC now owns 547,265 shares of the company’s stock valued at $33,563,000 after purchasing an additional 37,229 shares in the last quarter. Norges Bank purchased a new position in Nu Skin Enterprises in the 4th quarter valued at about $56,136,000. Amalgamated Bank lifted its holdings in Nu Skin Enterprises by 14.8% in the 4th quarter. Amalgamated Bank now owns 11,484 shares of the company’s stock valued at $704,000 after purchasing an additional 1,483 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Nu Skin Enterprises by 4.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 54,326 shares of the company’s stock valued at $3,332,000 after purchasing an additional 2,539 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in Nu Skin Enterprises by 71.4% in the 4th quarter. Millennium Management LLC now owns 262,304 shares of the company’s stock valued at $16,087,000 after purchasing an additional 109,278 shares in the last quarter. Institutional investors own 74.50% of the company’s stock.

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About Nu Skin Enterprises (NYSE:NUS)

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, 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 and personal care products.

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