AlphaQuest LLC Increases Stake in Nu Skin Enterprises, Inc. $NUS

AlphaQuest LLC increased its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 148.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,845 shares of the company’s stock after acquiring an additional 10,652 shares during the period. AlphaQuest LLC’s holdings in Nu Skin Enterprises were worth $143,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. New York State Teachers Retirement System purchased a new position in Nu Skin Enterprises during the first quarter worth approximately $33,000. Wealth Enhancement Advisory Services LLC acquired a new position in Nu Skin Enterprises in the first quarter valued at $118,000. Hsbc Holdings PLC acquired a new position in Nu Skin Enterprises in the first quarter valued at $619,000. Ieq Capital LLC acquired a new position in Nu Skin Enterprises in the first quarter valued at $279,000. Finally, Pacer Advisors Inc. acquired a new position in Nu Skin Enterprises in the first quarter valued at $4,577,000. 82.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Analyst Ratings Changes

NUS has been the topic of a number of research reports. Wall Street Zen upgraded Nu Skin Enterprises from a “buy” rating to a “strong-buy” rating in a report on Sunday, October 12th. Weiss Ratings restated a “hold (c)” rating on shares of Nu Skin Enterprises in a report on Wednesday, October 8th. Finally, Zacks Research upgraded shares of Nu Skin Enterprises to a “hold” rating in a report on Tuesday, August 12th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, Nu Skin Enterprises has a consensus rating of “Hold” and a consensus price target of $7.00.

Nu Skin Enterprises Trading Down 0.8%

NYSE:NUS opened at $10.64 on Tuesday. The firm has a market capitalization of $526.41 million, a PE ratio of 5.29 and a beta of 0.97. 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, Inc. has a 12 month low of $5.32 and a 12 month high of $14.62. The business’s 50-day moving average is $11.49 and its two-hundred day moving average is $9.36.

Nu Skin Enterprises (NYSE:NUS) last announced its earnings results on Thursday, August 7th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.25 by $0.18. The business had revenue of $386.14 million for the quarter, compared to the consensus estimate 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. Research 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 company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 29th were paid a dividend of $0.06 per share. The ex-dividend date 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 dividend payout ratio (DPR) is currently 11.94%.

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.