Vanguard Group Inc. Has $30.01 Million Holdings in Nu Skin Enterprises, Inc. $NUS

Vanguard Group Inc. increased its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 4.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,133,109 shares of the company’s stock after purchasing an additional 193,038 shares during the period. Vanguard Group Inc. owned approximately 8.31% of Nu Skin Enterprises worth $30,006,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Two Sigma Investments LP lifted its holdings in Nu Skin Enterprises by 24.2% during the fourth quarter. Two Sigma Investments LP now owns 700,500 shares of the company’s stock worth $4,826,000 after acquiring an additional 136,624 shares in the last quarter. Man Group plc lifted its holdings in Nu Skin Enterprises by 125.5% during the fourth quarter. Man Group plc now owns 102,836 shares of the company’s stock worth $709,000 after acquiring an additional 57,235 shares in the last quarter. New York State Teachers Retirement System bought a new position in Nu Skin Enterprises during the first quarter worth about $33,000. Wealth Enhancement Advisory Services LLC bought a new position in Nu Skin Enterprises during the first quarter worth about $118,000. Finally, MetLife Investment Management LLC lifted its holdings in Nu Skin Enterprises by 36.2% during the fourth quarter. MetLife Investment Management LLC now owns 30,429 shares of the company’s stock worth $210,000 after acquiring an additional 8,091 shares in the last quarter. 82.84% of the stock is currently owned by institutional investors.

Insider Transactions at Nu Skin Enterprises

In related news, Director Edwina D. Woodbury sold 4,532 shares of the company’s stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $8.44, for a total transaction of $38,250.08. Following the sale, the director owned 42,947 shares in the company, valued at approximately $362,472.68. This represents a 9.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on NUS. Wall Street Zen upgraded Nu Skin Enterprises from a “buy” rating to a “strong-buy” rating in a report on Friday, August 22nd. Zacks Research upgraded Nu Skin Enterprises to a “hold” rating in a report on Tuesday, August 12th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $6.88.

Nu Skin Enterprises Stock Performance

Shares of Nu Skin Enterprises stock opened at $12.20 on Thursday. The firm has a market cap of $603.70 million, a price-to-earnings ratio of 6.07 and a beta of 0.91. The stock’s 50-day moving average is $9.36 and its 200-day moving average is $7.91. Nu Skin Enterprises, Inc. has a one year low of $5.32 and a one year high of $12.40. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.01 and a quick ratio of 1.38.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.18. Nu Skin Enterprises had a return on equity of 8.23% and a net margin of 6.20%.The company had revenue of $386.14 million for the quarter, compared to analyst estimates of $376.68 million. Nu Skin Enterprises has set its FY 2025 guidance at 1.150-1.350 EPS. Equities analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Friday, August 29th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, August 29th. Nu Skin Enterprises’s dividend payout ratio is presently 11.94%.

About Nu Skin Enterprises

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.