Chicago Equity Partners LLC lessened its position in Nu Skin Enterprises, Inc. (NYSE:NUS) by 33.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,590 shares of the company’s stock after selling 18,520 shares during the period. Chicago Equity Partners LLC owned approximately 0.07% of Nu Skin Enterprises worth $2,311,000 as of its most recent filing with the SEC.
A number of other large investors have also recently modified their holdings of the business. BlackRock Inc. increased its stake in Nu Skin Enterprises by 1.8% in the second quarter. BlackRock Inc. now owns 6,805,093 shares of the company’s stock valued at $427,632,000 after purchasing an additional 121,562 shares in the last quarter. Vanguard Group Inc. increased its stake in Nu Skin Enterprises by 0.8% in the second quarter. Vanguard Group Inc. now owns 6,060,437 shares of the company’s stock valued at $380,838,000 after purchasing an additional 48,805 shares in the last quarter. State Street Corp increased its stake in Nu Skin Enterprises by 76.7% in the first quarter. State Street Corp now owns 1,416,873 shares of the company’s stock valued at $78,695,000 after purchasing an additional 614,817 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Nu Skin Enterprises by 6.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,067,875 shares of the company’s stock valued at $67,106,000 after purchasing an additional 64,767 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Nu Skin Enterprises by 22.1% in the second quarter. Bank of New York Mellon Corp now owns 885,257 shares of the company’s stock valued at $55,628,000 after purchasing an additional 160,495 shares in the last quarter. 79.74% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts have commented on NUS shares. TheStreet raised shares of Nu Skin Enterprises from a “c+” rating to a “b” rating in a research note on Wednesday, August 2nd. BidaskClub downgraded shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. Zacks Investment Research downgraded shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Finally, Stifel Nicolaus set a $50.00 target price on shares of Nu Skin Enterprises and gave the company a “sell” rating in a research note on Thursday, August 3rd. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $62.00.
Nu Skin Enterprises, Inc. (NYSE NUS) opened at $62.13 on Friday. The firm has a market cap of $3,289.29, a P/E ratio of 21.95, a PEG ratio of 2.26 and a beta of 1.57. Nu Skin Enterprises, Inc. has a 1-year low of $46.35 and a 1-year high of $65.85. The company has a quick ratio of 1.18, a current ratio of 1.78 and a debt-to-equity ratio of 0.44.
Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings results on Wednesday, November 1st. The company reported $0.76 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.76. The company had revenue of $563.70 million during the quarter, compared to analysts’ expectations of $562.70 million. Nu Skin Enterprises had a net margin of 6.97% and a return on equity of 22.38%. The business’s quarterly revenue was down 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.98 earnings per share. sell-side analysts expect that Nu Skin Enterprises, Inc. will post 3.23 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Friday, November 17th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend is Thursday, November 16th. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently 52.75%.
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In other news, Director Daniel W. Campbell sold 4,607 shares of the company’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $62.48, for a total value of $287,845.36. Following the completion of the transaction, the director now owns 63,753 shares in the company, valued at $3,983,287.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Ryan S. Napierski sold 11,667 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $63.84, for a total transaction of $744,821.28. Following the completion of the transaction, the president now owns 71,634 shares of the company’s stock, valued at approximately $4,573,114.56. The disclosure for this sale can be found here. Insiders sold 23,207 shares of company stock valued at $1,476,379 in the last quarter. Corporate insiders own 5.20% of the company’s stock.
About Nu Skin Enterprises
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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