Nisa Investment Advisors LLC Sells 7,519 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Nisa Investment Advisors LLC cut its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 49.0% in the fourth quarter, HoldingsChannel reports. The fund owned 7,840 shares of the company’s stock after selling 7,519 shares during the period. Nisa Investment Advisors LLC’s holdings in Nu Skin Enterprises were worth $152,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Harbor Capital Advisors Inc. raised its stake in shares of Nu Skin Enterprises by 57.7% during the fourth quarter. Harbor Capital Advisors Inc. now owns 16,592 shares of the company’s stock worth $322,000 after buying an additional 6,069 shares during the last quarter. Gladius Capital Management LP bought a new stake in shares of Nu Skin Enterprises during the third quarter worth approximately $178,000. Vanguard Group Inc. grew its holdings in Nu Skin Enterprises by 0.9% during the third quarter. Vanguard Group Inc. now owns 6,235,495 shares of the company’s stock valued at $132,255,000 after purchasing an additional 53,638 shares during the period. Deutsche Bank AG grew its holdings in Nu Skin Enterprises by 14.9% during the third quarter. Deutsche Bank AG now owns 23,343 shares of the company’s stock valued at $495,000 after purchasing an additional 3,021 shares during the period. Finally, Comerica Bank acquired a new position in Nu Skin Enterprises during the third quarter valued at approximately $508,000. 82.84% of the stock is owned by institutional investors.

Nu Skin Enterprises Stock Up 2.4 %

Nu Skin Enterprises stock opened at $13.01 on Friday. The stock has a market capitalization of $642.95 million, a PE ratio of 72.28 and a beta of 1.11. Nu Skin Enterprises, Inc. has a twelve month low of $11.84 and a twelve month high of $41.50. The company has a quick ratio of 1.28, a current ratio of 2.13 and a debt-to-equity ratio of 0.58. The company has a 50 day moving average of $13.11 and a 200-day moving average of $16.56.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings results on Wednesday, February 14th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.08. The company had revenue of $488.64 million during the quarter, compared to analysts’ expectations of $479.35 million. Nu Skin Enterprises had a net margin of 0.44% and a return on equity of 10.73%. On average, equities research analysts anticipate that Nu Skin Enterprises, Inc. will post 1.13 EPS for the current fiscal year.

Nu Skin Enterprises Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, February 26th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Friday, February 23rd. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently 133.34%.

Analyst Upgrades and Downgrades

NUS has been the subject of a number of analyst reports. StockNews.com cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, February 24th. DA Davidson decreased their price objective on shares of Nu Skin Enterprises from $29.00 to $21.00 and set a “neutral” rating for the company in a report on Friday, January 5th. Four investment analysts have rated the stock with a hold rating, According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $23.67.

Insider Activity

In other news, Director Andrew D. Lipman sold 2,000 shares of the business’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $18.55, for a total value of $37,100.00. Following the sale, the director now owns 31,225 shares of the company’s stock, valued at $579,223.75. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders sold 6,000 shares of company stock worth $86,660 over the last quarter. 2.00% of the stock is currently owned by company insiders.

Nu Skin Enterprises Profile

Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.