Ethic Inc. Reduces Stake in Nu Skin Enterprises, Inc. $NUS

Ethic Inc. lessened its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 41.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,838 shares of the company’s stock after selling 25,707 shares during the period. Ethic Inc. owned 0.07% of Nu Skin Enterprises worth $290,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Nu Skin Enterprises by 4.9% during the 1st quarter. Vanguard Group Inc. now owns 4,133,109 shares of the company’s stock worth $30,006,000 after acquiring an additional 193,038 shares in the last quarter. Prescott Group Capital Management L.L.C. raised its position in shares of Nu Skin Enterprises by 142.7% during the 1st quarter. Prescott Group Capital Management L.L.C. now owns 1,394,608 shares of the company’s stock worth $10,125,000 after acquiring an additional 819,972 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Nu Skin Enterprises by 7.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,319,885 shares of the company’s stock worth $9,582,000 after acquiring an additional 88,088 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Nu Skin Enterprises by 47.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,052,384 shares of the company’s stock worth $7,640,000 after acquiring an additional 336,807 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Nu Skin Enterprises by 15.0% during the 1st quarter. American Century Companies Inc. now owns 948,710 shares of the company’s stock worth $6,888,000 after acquiring an additional 123,971 shares in the last quarter. Institutional investors and hedge funds own 82.84% of the company’s stock.

Nu Skin Enterprises Trading Down 0.1%

NYSE:NUS opened at $10.64 on Friday. The firm has a market cap of $526.53 million, a P/E ratio of 5.29 and a beta of 0.97. The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.27. The stock’s 50 day simple moving average is $11.55 and its 200-day simple moving average is $9.25. Nu Skin Enterprises, Inc. has a 12-month low of $5.32 and a 12-month high of $14.62.

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

Nu Skin Enterprises Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 29th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.3%. Nu Skin Enterprises’s payout ratio is presently 11.94%.

Insider Activity

In other news, Director Laura Nathanson sold 6,489 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $12.22, for a total value of $79,295.58. Following the transaction, the director owned 33,149 shares of the company’s stock, valued at approximately $405,080.78. The trade was a 16.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Chayce David Clark sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $11.97, for a total value of $239,400.00. Following the completion of the transaction, the executive vice president directly owned 233,140 shares in the company, valued at approximately $2,790,685.80. The trade was a 7.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 58,926 shares of company stock valued at $711,364. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Nu Skin Enterprises in a research report on Wednesday, October 8th. Wall Street Zen raised Nu Skin Enterprises from a “buy” rating to a “strong-buy” rating in a research report on Sunday, October 12th. Finally, Zacks Research raised Nu Skin Enterprises to a “hold” rating in a research report on Tuesday, August 12th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $7.00.

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.