Nu Skin Enterprises, Inc. (NYSE:NUS) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,717 shares of the company’s stock after selling 1,000 shares during the quarter. New York State Teachers Retirement System owned approximately 0.11% of Nu Skin Enterprises worth $1,043,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Eagle Bay Advisors LLC boosted its position in Nu Skin Enterprises by 37.1% during the second quarter. Eagle Bay Advisors LLC now owns 809 shares of the company’s stock worth $35,000 after acquiring an additional 219 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Nu Skin Enterprises by 1.5% during the second quarter. Price T Rowe Associates Inc. MD now owns 20,205 shares of the company’s stock worth $875,000 after acquiring an additional 292 shares during the last quarter. Captrust Financial Advisors boosted its position in Nu Skin Enterprises by 12.7% during the second quarter. Captrust Financial Advisors now owns 3,657 shares of the company’s stock worth $158,000 after acquiring an additional 413 shares during the last quarter. Yousif Capital Management LLC boosted its position in Nu Skin Enterprises by 2.0% during the first quarter. Yousif Capital Management LLC now owns 28,472 shares of the company’s stock worth $1,363,000 after acquiring an additional 555 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in Nu Skin Enterprises by 9.7% during the first quarter. Franklin Resources Inc. now owns 6,493 shares of the company’s stock worth $255,000 after acquiring an additional 572 shares during the last quarter. Institutional investors and hedge funds own 82.84% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on NUS. DA Davidson lowered their price target on shares of Nu Skin Enterprises from $29.00 to $21.00 and set a “neutral” rating on the stock in a research report on Friday, January 5th. StockNews.com lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, February 24th. Four investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $23.67.

Insider Activity

In other news, Director Andrew D. Lipman sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $18.55, for a total value of $37,100.00. Following the sale, the director now directly owns 31,225 shares of the company’s stock, valued at approximately $579,223.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have sold 6,000 shares of company stock valued at $86,660. Company insiders own 2.80% of the company’s stock.

Nu Skin Enterprises Stock Performance

NYSE:NUS opened at $12.36 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.13 and a quick ratio of 1.28. The firm has a market capitalization of $610.83 million, a price-to-earnings ratio of 68.23 and a beta of 1.11. The company’s 50-day moving average is $13.40 and its two-hundred day moving average is $16.67. Nu Skin Enterprises, Inc. has a 1-year low of $11.84 and a 1-year high of $41.50.

Nu Skin Enterprises (NYSE:NUS) last posted its earnings results on Wednesday, February 14th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.08. The company had revenue of $488.64 million for the quarter, compared to analyst estimates of $479.35 million. Nu Skin Enterprises had a net margin of 0.44% and a return on equity of 10.73%. Analysts forecast that Nu Skin Enterprises, Inc. will post 1.13 EPS for the current year.

Nu Skin Enterprises Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, February 26th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date was Friday, February 23rd. Nu Skin Enterprises’s dividend payout ratio (DPR) is 133.34%.

Nu Skin Enterprises Company 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.