Nu Skin Enterprises, Inc. (NYSE:NUS) Shares Sold by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System reduced its position in Nu Skin Enterprises, Inc. (NYSE:NUSGet Rating) by 2.9% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 18,800 shares of the company’s stock after selling 570 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Nu Skin Enterprises were worth $814,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Landscape Capital Management L.L.C. increased its stake in Nu Skin Enterprises by 97.4% in the 2nd quarter. Landscape Capital Management L.L.C. now owns 15,673 shares of the company’s stock valued at $679,000 after buying an additional 7,733 shares during the period. Envestnet Asset Management Inc. increased its stake in Nu Skin Enterprises by 21.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,703 shares of the company’s stock valued at $507,000 after buying an additional 2,103 shares during the period. Retirement Systems of Alabama boosted its position in shares of Nu Skin Enterprises by 1.2% during the 2nd quarter. Retirement Systems of Alabama now owns 66,141 shares of the company’s stock worth $2,864,000 after purchasing an additional 768 shares in the last quarter. Artemis Wealth Advisors LLC purchased a new stake in shares of Nu Skin Enterprises during the 2nd quarter worth $33,000. Finally, Xponance Inc. boosted its position in shares of Nu Skin Enterprises by 6.9% during the 2nd quarter. Xponance Inc. now owns 7,788 shares of the company’s stock worth $337,000 after purchasing an additional 503 shares in the last quarter. 88.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Ryan S. Napierski sold 25,000 shares of the business’s stock in a transaction dated Thursday, August 25th. The shares were sold at an average price of $42.99, for a total value of $1,074,750.00. Following the sale, the chief executive officer now directly owns 122,683 shares in the company, valued at approximately $5,274,142.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Ryan S. Napierski sold 25,000 shares of the business’s stock in a transaction dated Thursday, August 25th. The shares were sold at an average price of $42.99, for a total value of $1,074,750.00. Following the completion of the transaction, the chief executive officer now owns 122,683 shares of the company’s stock, valued at approximately $5,274,142.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrew D. Lipman sold 1,000 shares of the business’s stock in a transaction dated Monday, August 22nd. The shares were sold at an average price of $45.01, for a total transaction of $45,010.00. Following the completion of the transaction, the director now directly owns 70,393 shares of the company’s stock, valued at approximately $3,168,388.93. The disclosure for this sale can be found here. Insiders have sold 29,602 shares of company stock worth $1,255,132 in the last three months. Corporate insiders own 2.80% of the company’s stock.

Analyst Upgrades and Downgrades

NUS has been the topic of several research analyst reports. TheStreet lowered shares of Nu Skin Enterprises from a “b” rating to a “c” rating in a research report on Thursday, August 4th. DA Davidson decreased their target price on shares of Nu Skin Enterprises from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 23rd. Citigroup decreased their target price on shares of Nu Skin Enterprises from $39.00 to $35.00 in a research report on Friday, November 4th. Finally, StockNews.com upgraded shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Friday, November 4th.

Nu Skin Enterprises Price Performance

Nu Skin Enterprises stock opened at $38.38 on Friday. Nu Skin Enterprises, Inc. has a 52 week low of $29.95 and a 52 week high of $56.76. The company has a quick ratio of 1.23, a current ratio of 2.13 and a debt-to-equity ratio of 0.45. The firm’s 50-day simple moving average is $36.63 and its 200 day simple moving average is $41.48. The firm has a market capitalization of $1.90 billion, a PE ratio of 51.86 and a beta of 1.22.

Nu Skin Enterprises Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 7th. Investors of record on Friday, November 25th will be given a $0.385 dividend. The ex-dividend date of this dividend is Wednesday, November 23rd. This represents a $1.54 annualized dividend and a dividend yield of 4.01%. Nu Skin Enterprises’s dividend payout ratio is presently 208.11%.

Nu Skin Enterprises Company Profile

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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.

See Also

Institutional Ownership by Quarter for Nu Skin Enterprises (NYSE:NUS)

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