Oregon Public Employees Retirement Fund trimmed its position in Nu Skin Enterprises, Inc. (NYSE:NUS – Get Rating) by 2.5% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 15,894 shares of the company’s stock after selling 400 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Nu Skin Enterprises were worth $761,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of the business. Inspire Investing LLC bought a new stake in Nu Skin Enterprises in the 1st quarter worth about $777,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Nu Skin Enterprises by 19.9% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,577 shares of the company’s stock worth $315,000 after purchasing an additional 1,091 shares in the last quarter. Nordea Investment Management AB grew its position in Nu Skin Enterprises by 4.6% in the 1st quarter. Nordea Investment Management AB now owns 123,029 shares of the company’s stock worth $5,910,000 after purchasing an additional 5,427 shares in the last quarter. Walleye Capital LLC bought a new stake in Nu Skin Enterprises in the 4th quarter worth about $1,345,000. Finally, Millennium Management LLC grew its position in shares of Nu Skin Enterprises by 1,050.2% during the 4th quarter. Millennium Management LLC now owns 703,938 shares of the company’s stock valued at $35,725,000 after acquiring an additional 642,738 shares during the period. 93.79% of the stock is owned by institutional investors and hedge funds.
In other Nu Skin Enterprises news, insider Joseph Y. Chang sold 16,000 shares of the stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of $46.57, for a total value of $745,120.00. Following the sale, the insider now directly owns 22,957 shares in the company, valued at approximately $1,069,107.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Steven Lund sold 51,300 shares of the stock in a transaction that occurred on Monday, June 13th. The stock was sold at an average price of $43.83, for a total transaction of $2,248,479.00. Following the completion of the sale, the chairman now owns 27,200 shares in the company, valued at $1,192,176. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 148,143 shares of company stock valued at $6,652,437. 2.80% of the stock is owned by insiders.
NUS opened at $41.14 on Friday. The company has a 50 day moving average of $44.81 and a 200 day moving average of $47.59. The company has a market cap of $2.07 billion, a PE ratio of 15.24 and a beta of 1.21. Nu Skin Enterprises, Inc. has a 12 month low of $39.40 and a 12 month high of $56.76. The company has a current ratio of 1.72, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28.
Nu Skin Enterprises (NYSE:NUS – Get Rating) last released its quarterly earnings data on Wednesday, May 4th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.73 by $0.03. The company had revenue of $604.90 million during the quarter, compared to the consensus estimate of $579.70 million. Nu Skin Enterprises had a net margin of 5.28% and a return on equity of 22.05%. Nu Skin Enterprises’s revenue for the quarter was down 10.7% on a year-over-year basis. During the same period last year, the firm earned $0.91 EPS. Research analysts forecast that Nu Skin Enterprises, Inc. will post 3.8 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 8th. Investors of record on Friday, May 27th were issued a $0.385 dividend. This represents a $1.54 annualized dividend and a yield of 3.74%. The ex-dividend date was Thursday, May 26th. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently 57.04%.
A number of research analysts have recently weighed in on the stock. StockNews.com raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Wednesday, June 22nd. TheStreet raised shares of Nu Skin Enterprises from a “c+” rating to a “b” rating in a research report on Tuesday, June 7th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $61.50.
Nu Skin Enterprises Company Profile (Get Rating)
Nu Skin Enterprises, Inc develops and distributes beauty and wellness products worldwide. It provides skin care systems, including ageLOC Spa systems, ageLOC Transformation anti-aging skin care systems, and ageLOC LumiSpa skin treatment and cleansing devices; and ageLOC Boost, as well as a range of other cosmetic and personal care products.
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