CWA Asset Management Group LLC bought a new position in Nu Skin Enterprises, Inc. (NYSE:NUS – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 78,272 shares of the company’s stock, valued at approximately $753,000. CWA Asset Management Group LLC owned 0.16% of Nu Skin Enterprises as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of NUS. GAMMA Investing LLC raised its position in Nu Skin Enterprises by 63.5% during the third quarter. GAMMA Investing LLC now owns 3,036 shares of the company’s stock valued at $37,000 after buying an additional 1,179 shares during the period. Wexford Capital LP acquired a new stake in Nu Skin Enterprises during the 3rd quarter worth about $40,000. Banque Cantonale Vaudoise acquired a new stake in Nu Skin Enterprises during the 3rd quarter worth about $57,000. Tower Research Capital LLC TRC grew its stake in Nu Skin Enterprises by 107.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,048 shares of the company’s stock valued at $40,000 after acquiring an additional 2,614 shares in the last quarter. Finally, Quadrant Capital Group LLC purchased a new position in Nu Skin Enterprises during the 3rd quarter valued at about $85,000. Hedge funds and other institutional investors own 82.84% of the company’s stock.
Nu Skin Enterprises Price Performance
NUS opened at $7.21 on Tuesday. The stock has a market cap of $346.78 million, a price-to-earnings ratio of 2.25 and a beta of 1.05. Nu Skin Enterprises, Inc. has a 1 year low of $5.32 and a 1 year high of $14.62. The company has a current ratio of 2.08, a quick ratio of 1.40 and a debt-to-equity ratio of 0.25. The stock has a fifty day moving average price of $9.16 and a 200 day moving average price of $10.11.
Nu Skin Enterprises Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Friday, February 27th were issued a $0.06 dividend. The ex-dividend date was Friday, February 27th. This represents a $0.24 dividend on an annualized basis and a yield of 3.3%. Nu Skin Enterprises’s dividend payout ratio is currently 7.50%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on NUS shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Nu Skin Enterprises in a report on Thursday, January 22nd. Zacks Research cut shares of Nu Skin Enterprises from a “hold” rating to a “strong sell” rating in a report on Monday, March 2nd. Finally, Wall Street Zen downgraded shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.
Read Our Latest Stock Report on Nu Skin Enterprises
Nu Skin Enterprises Company Profile
Nu Skin Enterprises, Inc is a Utah-based direct selling company that develops and distributes personal care products and dietary supplements. Operating through a network marketing model, Nu Skin offers a portfolio of wellness, anti-aging skin care, hair care and nutritional products designed to support healthy living and appearance. The company leverages independent distributors to market its offerings directly to consumers across multiple channels, including online platforms and localized events.
Founded in 1984 by Blake M.
Further Reading
Want to see what other hedge funds are holding NUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nu Skin Enterprises, Inc. (NYSE:NUS – Free Report).
Receive News & Ratings for Nu Skin Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nu Skin Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.
