Virginia Retirement Systems ET AL purchased a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 9,500 shares of the company’s stock, valued at approximately $455,000.
Other large investors also recently bought and sold shares of the company. YorkBridge Wealth Partners LLC purchased a new stake in Nu Skin Enterprises during the 4th quarter worth $31,000. Meeder Asset Management Inc. purchased a new position in shares of Nu Skin Enterprises in the first quarter worth approximately $65,000. Investors Research Corp purchased a new position in shares of Nu Skin Enterprises in the first quarter worth approximately $73,000. NumerixS Investment Technologies Inc purchased a new position in shares of Nu Skin Enterprises in the fourth quarter worth approximately $108,000. Finally, Advisors Asset Management Inc. grew its position in Nu Skin Enterprises by 16.0% during the fourth quarter. Advisors Asset Management Inc. now owns 2,720 shares of the company’s stock valued at $167,000 after purchasing an additional 375 shares in the last quarter. 76.19% of the stock is currently owned by institutional investors.
NUS stock traded down $0.42 during mid-day trading on Thursday, hitting $54.81. 3,483 shares of the company were exchanged, compared to its average volume of 744,343. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.10 and a current ratio of 1.86. The company has a market capitalization of $3.06 billion, a P/E ratio of 15.51, a price-to-earnings-growth ratio of 1.34 and a beta of 0.67. Nu Skin Enterprises, Inc. has a 1-year low of $44.36 and a 1-year high of $88.68.
Nu Skin Enterprises (NYSE:NUS) last announced its earnings results on Tuesday, April 30th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.71 by $0.06. The firm had revenue of $623.60 million for the quarter, compared to the consensus estimate of $615.98 million. Nu Skin Enterprises had a net margin of 4.82% and a return on equity of 26.81%. The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the company posted $0.79 EPS. Analysts forecast that Nu Skin Enterprises, Inc. will post 3.92 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 12th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $1.48 annualized dividend and a yield of 2.70%. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently 42.05%.
A number of research analysts recently commented on the stock. Bank of America reaffirmed an “underperform” rating and set a $57.00 price objective (up from $52.00) on shares of Nu Skin Enterprises in a research report on Wednesday, May 1st. Zacks Investment Research raised shares of Nu Skin Enterprises from a “sell” rating to a “hold” rating in a research report on Friday, May 3rd. Deutsche Bank raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research report on Wednesday, May 1st. Stifel Nicolaus downgraded shares of Nu Skin Enterprises from a “hold” rating to a “sell” rating and lowered their price objective for the company from $63.00 to $43.00 in a research report on Monday, March 25th. Finally, ValuEngine raised shares of Nu Skin Enterprises from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st. 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 company. The company presently has an average rating of “Hold” and an average target price of $73.75.
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About Nu Skin Enterprises
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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