Nu Skin Enterprises, Inc. (NYSE:NUS) insider Joseph Y. Chang sold 36,503 shares of the company’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $62.24, for a total transaction of $2,271,946.72. Following the completion of the sale, the insider now owns 66,563 shares of the company’s stock, valued at $4,142,881.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Nu Skin Enterprises, Inc. (NYSE NUS) opened at $62.96 on Thursday. The company has a current ratio of 1.78, a quick ratio of 1.18 and a debt-to-equity ratio of 0.44. Nu Skin Enterprises, Inc. has a fifty-two week low of $46.35 and a fifty-two week high of $65.85. The stock has a market cap of $3,319.06, a PE ratio of 22.28, a price-to-earnings-growth ratio of 2.29 and a beta of 1.57.
Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings results on Wednesday, November 1st. The company reported $0.76 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.76. Nu Skin Enterprises had a net margin of 6.97% and a return on equity of 22.38%. The company had revenue of $563.70 million during the quarter, compared to analysts’ expectations of $562.70 million. During the same period in the prior year, the company earned $0.98 earnings per share. The business’s quarterly revenue was down 6.7% compared to the same quarter last year. equities research analysts predict that Nu Skin Enterprises, Inc. will post 3.23 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Friday, November 17th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Thursday, November 16th. Nu Skin Enterprises’s dividend payout ratio (DPR) is 52.75%.
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Several hedge funds and other institutional investors have recently added to or reduced their stakes in NUS. Alliancebernstein L.P. lifted its stake in shares of Nu Skin Enterprises by 3.1% in the first quarter. Alliancebernstein L.P. now owns 35,337 shares of the company’s stock valued at $1,963,000 after buying an additional 1,078 shares during the period. Teachers Advisors LLC lifted its stake in shares of Nu Skin Enterprises by 6.9% in the first quarter. Teachers Advisors LLC now owns 250,552 shares of the company’s stock valued at $13,916,000 after buying an additional 16,237 shares during the period. Thrivent Financial For Lutherans bought a new stake in shares of Nu Skin Enterprises in the first quarter valued at about $514,000. New York State Teachers Retirement System lifted its stake in shares of Nu Skin Enterprises by 51.0% in the first quarter. New York State Teachers Retirement System now owns 7,400 shares of the company’s stock valued at $411,000 after buying an additional 2,500 shares during the period. Finally, State Street Corp lifted its stake in shares of 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 buying an additional 614,817 shares during the period. Institutional investors and hedge funds own 80.13% of the company’s stock.
A number of brokerages recently issued reports on NUS. ValuEngine upgraded shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Tuesday. TheStreet upgraded shares of Nu Skin Enterprises from a “c+” rating to a “b” rating in a report on Wednesday, August 2nd. BidaskClub cut shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Zacks Investment Research cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. Finally, Stifel Nicolaus set a $50.00 price objective on shares of Nu Skin Enterprises and gave the stock a “sell” rating in a report on Thursday, August 3rd. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. Nu Skin Enterprises has an average rating of “Hold” and a consensus price target of $62.00.
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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