Liberty Mutual Group Asset Management Inc. Purchases New Stake in Nu Skin Enterprises, Inc. (NUS)

Liberty Mutual Group Asset Management Inc. purchased a new stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 22,237 shares of the company’s stock, valued at approximately $1,235,000.

Several other large investors also recently bought and sold shares of the stock. Creative Planning boosted its stake in Nu Skin Enterprises by 38.5% in the first quarter. Creative Planning now owns 1,800 shares of the company’s stock valued at $100,000 after buying an additional 500 shares in the last quarter. TrimTabs Asset Management LLC boosted its stake in Nu Skin Enterprises by 88.7% in the first quarter. TrimTabs Asset Management LLC now owns 2,349 shares of the company’s stock valued at $130,000 after buying an additional 1,104 shares in the last quarter. Independent Portfolio Consultants Inc. boosted its stake in Nu Skin Enterprises by 1.7% in the first quarter. Independent Portfolio Consultants Inc. now owns 2,375 shares of the company’s stock valued at $132,000 after buying an additional 40 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Nu Skin Enterprises by 23.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,506 shares of the company’s stock valued at $139,000 after buying an additional 468 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its stake in Nu Skin Enterprises by 87.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,811 shares of the company’s stock valued at $182,000 after buying an additional 1,779 shares in the last quarter. 86.65% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Nu Skin Enterprises (NYSE:NUS)

Shares of Nu Skin Enterprises, Inc. (NYSE NUS) traded up 3.39% on Friday, reaching $64.71. The company had a trading volume of 411,867 shares. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of 21.48 and a beta of 1.36. Nu Skin Enterprises, Inc. has a 1-year low of $42.97 and a 1-year high of $66.04. The firm has a 50-day moving average price of $56.89 and a 200 day moving average price of $53.12.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Wednesday, May 3rd. The company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.01. The company had revenue of $499.10 million during the quarter, compared to the consensus estimate of $493.65 million. Nu Skin Enterprises had a return on equity of 23.45% and a net margin of 7.48%. Nu Skin Enterprises’s revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.42 EPS. Equities research analysts predict that Nu Skin Enterprises, Inc. will post $3.12 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 14th. Shareholders of record on Friday, May 26th were issued a $0.36 dividend. The ex-dividend date was Wednesday, May 24th. This represents a $1.44 annualized dividend and a yield of 2.30%. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently 48.48%.

ILLEGAL ACTIVITY NOTICE: “Liberty Mutual Group Asset Management Inc. Purchases New Stake in Nu Skin Enterprises, Inc. (NUS)” was reported by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://transcriptdaily.com/2017/06/23/liberty-mutual-group-asset-management-inc-purchases-new-stake-in-nu-skin-enterprises-inc-nus.html.

Several equities research analysts recently commented on NUS shares. Pivotal Research reaffirmed a “buy” rating and issued a $65.00 price target on shares of Nu Skin Enterprises in a report on Thursday, May 4th. Zacks Investment Research raised Nu Skin Enterprises from a “hold” rating to a “buy” rating and set a $63.00 price target for the company in a report on Wednesday, April 26th. Deutsche Bank AG increased their price target on Nu Skin Enterprises from $63.00 to $66.00 and gave the company a “buy” rating in a report on Wednesday. ValuEngine raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Sidoti cut Nu Skin Enterprises from a “buy” rating to a “neutral” rating and set a $59.00 price target for the company. in a report on Wednesday, April 26th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $61.25.

In other Nu Skin Enterprises news, General Counsel D Matthew Dorny sold 8,000 shares of the business’s stock in a transaction on Monday, April 3rd. The stock was sold at an average price of $55.30, for a total value of $442,400.00. Following the completion of the transaction, the general counsel now directly owns 53,730 shares in the company, valued at approximately $2,971,269. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 24,000 shares of company stock valued at $1,360,080 over the last quarter. 5.20% of the stock is currently owned by insiders.

About Nu Skin Enterprises

Nu Skin Enterprises, Inc is a direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Nu Skin brand offers a range of products, including ageLOC Me customized skin care system, ageLOC Spa systems and ageLOC Transformation anti-aging skin care system.

Receive News & Ratings for Nu Skin Enterprises Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nu Skin Enterprises Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply