Steven Lund Sells 925 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) Stock

Nu Skin Enterprises, Inc. (NYSE:NUSGet Rating) Chairman Steven Lund sold 925 shares of the company’s stock in a transaction that occurred on Wednesday, May 18th. The shares were sold at an average price of $46.07, for a total value of $42,614.75. Following the completion of the transaction, the chairman now owns 179,449 shares in the company, valued at $8,267,215.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Steven Lund also recently made the following trade(s):

  • On Monday, May 16th, Steven Lund sold 21,200 shares of Nu Skin Enterprises stock. The stock was sold at an average price of $45.25, for a total value of $959,300.00.

Shares of NUS opened at $45.34 on Thursday. Nu Skin Enterprises, Inc. has a fifty-two week low of $39.40 and a fifty-two week high of $62.70. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 16.79 and a beta of 1.24. The firm has a 50-day simple moving average of $46.64 and a 200-day simple moving average of $47.90. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.72.

Nu Skin Enterprises (NYSE:NUSGet Rating) last announced its quarterly earnings data on Wednesday, May 4th. The company reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.03. The firm 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%. The firm’s revenue was down 10.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.91 earnings per share. Equities research analysts forecast that Nu Skin Enterprises, Inc. will post 3.8 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 8th. Investors of record on Friday, May 27th will be given a $0.385 dividend. The ex-dividend date is Thursday, May 26th. This represents a $1.54 dividend on an annualized basis and a yield of 3.40%. Nu Skin Enterprises’s payout ratio is currently 57.04%.

Several hedge funds have recently bought and sold shares of NUS. Morgan Stanley lifted its position in shares of Nu Skin Enterprises by 1.9% during the 2nd quarter. Morgan Stanley now owns 360,382 shares of the company’s stock valued at $20,415,000 after acquiring an additional 6,652 shares during the period. Truist Financial Corp lifted its position in shares of Nu Skin Enterprises by 2.2% during the 3rd quarter. Truist Financial Corp now owns 23,855 shares of the company’s stock valued at $965,000 after acquiring an additional 504 shares during the period. BlackRock Inc. lifted its position in shares of Nu Skin Enterprises by 0.8% during the 3rd quarter. BlackRock Inc. now owns 5,893,635 shares of the company’s stock valued at $238,516,000 after acquiring an additional 46,186 shares during the period. Teacher Retirement System of Texas lifted its position in shares of Nu Skin Enterprises by 18.2% during the 3rd quarter. Teacher Retirement System of Texas now owns 8,193 shares of the company’s stock valued at $332,000 after acquiring an additional 1,259 shares during the period. Finally, Citigroup Inc. lifted its position in shares of Nu Skin Enterprises by 59.3% during the 3rd quarter. Citigroup Inc. now owns 34,378 shares of the company’s stock valued at $1,392,000 after acquiring an additional 12,797 shares during the period. Institutional investors own 93.79% of the company’s stock.

Several research firms recently commented on NUS. Zacks Investment Research raised Nu Skin Enterprises from a “hold” rating to a “strong-buy” rating and set a $57.00 target price on the stock in a report on Tuesday, March 29th. StockNews.com lowered Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Friday, May 13th. DA Davidson raised their price objective on Nu Skin Enterprises from $47.00 to $50.00 and gave the stock a “neutral” rating in a report on Thursday, February 17th. Jefferies Financial Group raised their price objective on Nu Skin Enterprises from $61.00 to $75.00 in a report on Thursday, February 17th. Finally, TheStreet downgraded shares of Nu Skin Enterprises from a “b” rating to a “c+” rating in a research note on Friday, February 18th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $60.60.

About Nu Skin Enterprises (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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