Nu Skin Enterprises, Inc. (NYSE:NUS) Director Sells $20,349.86 in Stock

Nu Skin Enterprises, Inc. (NYSE:NUS) Director Edwina D. Woodbury sold 1,693 shares of the business’s stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $12.02, for a total value of $20,349.86. Following the sale, the director now owns 18,095 shares in the company, valued at $217,501.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Nu Skin Enterprises Trading Up 2.1 %

Shares of NUS opened at $12.41 on Friday. Nu Skin Enterprises, Inc. has a 1-year low of $11.73 and a 1-year high of $39.38. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.13 and a quick ratio of 1.28. The firm has a 50 day simple moving average of $12.66 and a 200-day simple moving average of $16.04. The stock has a market cap of $613.30 million, a price-to-earnings ratio of 68.95 and a beta of 1.13.

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, topping the consensus estimate of $0.29 by $0.08. Nu Skin Enterprises had a return on equity of 10.73% and a net margin of 0.44%. The company had revenue of $488.64 million during the quarter, compared to the consensus estimate of $479.35 million. Equities analysts forecast that Nu Skin Enterprises, Inc. will post 1.13 EPS for the current fiscal year.

Nu Skin Enterprises Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, February 26th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend was Friday, February 23rd. Nu Skin Enterprises’s payout ratio is 133.34%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NUS. CWM LLC grew its holdings in shares of Nu Skin Enterprises by 5,838.9% during the third quarter. CWM LLC now owns 2,138 shares of the company’s stock worth $45,000 after buying an additional 2,102 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in Nu Skin Enterprises by 39.1% during the third quarter. Exchange Traded Concepts LLC now owns 15,883 shares of the company’s stock worth $337,000 after acquiring an additional 4,461 shares during the last quarter. Cambridge Investment Research Advisors Inc. purchased a new stake in Nu Skin Enterprises in the 3rd quarter worth approximately $268,000. Bank of New York Mellon Corp raised its holdings in Nu Skin Enterprises by 6.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 767,442 shares of the company’s stock valued at $16,277,000 after acquiring an additional 47,847 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Nu Skin Enterprises by 27.2% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,490 shares of the company’s stock valued at $201,000 after acquiring an additional 2,027 shares during the last quarter. 82.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, February 24th. Four analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $23.67.

Nu Skin Enterprises Company 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.