Lazard Asset Management LLC Acquires 154,814 Shares of Nu Skin Enterprises, Inc. $NUS

Lazard Asset Management LLC boosted its holdings in Nu Skin Enterprises, Inc. (NYSE:NUS) by 88.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 330,647 shares of the company’s stock after buying an additional 154,814 shares during the period. Lazard Asset Management LLC owned approximately 0.68% of Nu Skin Enterprises worth $2,407,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Exchange Traded Concepts LLC increased its position in Nu Skin Enterprises by 8.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 24,739 shares of the company’s stock worth $238,000 after acquiring an additional 1,912 shares during the period. Range Financial Group LLC raised its stake in Nu Skin Enterprises by 7.0% during the 1st quarter. Range Financial Group LLC now owns 30,441 shares of the company’s stock valued at $222,000 after purchasing an additional 1,982 shares during the last quarter. Graham Capital Management L.P. boosted its holdings in Nu Skin Enterprises by 7.7% in the 4th quarter. Graham Capital Management L.P. now owns 28,955 shares of the company’s stock valued at $279,000 after purchasing an additional 2,077 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Nu Skin Enterprises by 13.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 22,017 shares of the company’s stock valued at $226,000 after purchasing an additional 2,587 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in Nu Skin Enterprises by 107.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,048 shares of the company’s stock worth $40,000 after purchasing an additional 2,614 shares during the last quarter. 82.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Nu Skin Enterprises from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 4th. Zacks Research raised Nu Skin Enterprises from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Nu Skin Enterprises Stock Down 0.2%

Shares of NUS stock opened at $5.18 on Monday. Nu Skin Enterprises, Inc. has a one year low of $4.89 and a one year high of $14.62. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.03 and a quick ratio of 1.34. The stock has a fifty day moving average price of $5.29 and a 200 day moving average price of $7.19. The stock has a market cap of $251.54 million, a P/E ratio of 4.71 and a beta of 0.98.

Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Nu Skin Enterprises had a net margin of 3.78% and a return on equity of 7.47%. The business had revenue of $320.61 million during the quarter, compared to the consensus estimate of $329.70 million. Analysts predict that Nu Skin Enterprises, Inc. will post 1 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were paid a $0.06 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.24 dividend on an annualized basis and a yield of 4.6%. Nu Skin Enterprises’s payout ratio is presently 21.82%.

About Nu Skin Enterprises

Nu Skin Enterprises, Inc is a Utah-based direct selling company that develops and distributes personal care products and dietary supplements. Operating through a network marketing model, Nu Skin offers a portfolio of wellness, anti-aging skin care, hair care and nutritional products designed to support healthy living and appearance. The company leverages independent distributors to market its offerings directly to consumers across multiple channels, including online platforms and localized events.

Founded in 1984 by Blake M.