Nu Skin Enterprises, Inc. (NYSE:NUS) Director Andrew D. Lipman Sells 2,000 Shares of Stock

Nu Skin Enterprises, Inc. (NYSE:NUS) Director Andrew D. Lipman sold 2,000 shares of Nu Skin Enterprises stock in a transaction dated Thursday, April 25th. The stock was sold at an average price of $12.34, for a total value of $24,680.00. Following the completion of the transaction, the director now owns 25,225 shares in the company, valued at $311,276.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Nu Skin Enterprises Trading Down 1.8 %

Shares of NUS opened at $12.25 on Friday. Nu Skin Enterprises, Inc. has a 12-month low of $11.84 and a 12-month high of $40.68. The company has a quick ratio of 1.28, a current ratio of 2.13 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $605.15 million, a price-to-earnings ratio of 68.03 and a beta of 1.11. The stock’s 50-day moving average price is $12.76 and its 200 day moving average price is $16.35.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings data 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. Nu Skin Enterprises had a return on equity of 10.73% and a net margin of 0.44%. The company had revenue of $488.64 million for the quarter, compared to analyst estimates of $479.35 million. As a group, research analysts predict that Nu Skin Enterprises, Inc. will post 1.13 earnings per share for the current year.

Nu Skin Enterprises Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, February 26th were paid a $0.06 dividend. The ex-dividend date was Friday, February 23rd. This represents a $0.24 annualized dividend and a dividend yield of 1.96%. Nu Skin Enterprises’s dividend payout ratio is currently 133.34%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. StockNews.com lowered Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Saturday, February 24th. DA Davidson lowered their price target on Nu Skin Enterprises from $29.00 to $21.00 and set a “neutral” rating on the stock in a research note on Friday, January 5th. Four research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $23.67.

Institutional Investors Weigh In On Nu Skin Enterprises

Several large investors have recently modified their holdings of NUS. Invesco Ltd. grew its stake in shares of Nu Skin Enterprises by 91.8% in the 3rd quarter. Invesco Ltd. now owns 1,694,112 shares of the company’s stock valued at $35,932,000 after purchasing an additional 810,778 shares during the period. Norges Bank acquired a new position in shares of Nu Skin Enterprises in the 4th quarter worth approximately $8,930,000. Federated Hermes Inc. boosted its holdings in shares of Nu Skin Enterprises by 29,649.3% in the 4th quarter. Federated Hermes Inc. now owns 330,812 shares of the company’s stock worth $6,424,000 after acquiring an additional 329,700 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Nu Skin Enterprises by 66.4% in the 3rd quarter. Victory Capital Management Inc. now owns 460,697 shares of the company’s stock worth $9,771,000 after acquiring an additional 183,769 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Nu Skin Enterprises by 17.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,157,697 shares of the company’s stock worth $22,482,000 after acquiring an additional 173,193 shares in the last quarter. 82.84% of the stock is currently owned by institutional investors.

About Nu Skin Enterprises

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.