Nu Skin Enterprises, Inc. (NYSE:NUS) Director Sells $13,086.89 in Stock

Nu Skin Enterprises, Inc. (NYSE:NUS) Director Emma S. Battle sold 1,693 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $7.73, for a total transaction of $13,086.89. Following the completion of the sale, the director now directly owns 17,530 shares in the company, valued at approximately $135,506.90. The trade was a 8.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Nu Skin Enterprises Price Performance

Shares of NYSE:NUS traded up $0.14 during midday trading on Monday, reaching $7.68. The company’s stock had a trading volume of 1,216,680 shares, compared to its average volume of 827,780. The business’s fifty day simple moving average is $6.89 and its 200-day simple moving average is $7.31. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.82 and a quick ratio of 1.17. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.95 and a fifty-two week high of $14.04. The company has a market capitalization of $381.60 million, a P/E ratio of -2.60 and a beta of 1.17.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.14. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. The firm had revenue of $445.55 million during the quarter, compared to analysts’ expectations of $441.10 million. As a group, equities research analysts expect that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current fiscal year.

Nu Skin Enterprises Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 3.13%. The ex-dividend date of this dividend is Monday, February 24th. Nu Skin Enterprises’s dividend payout ratio is -8.14%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. StockNews.com lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Monday, February 17th. DA Davidson reduced their target price on Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating on the stock in a report on Friday, December 20th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Meeder Asset Management Inc. acquired a new position in shares of Nu Skin Enterprises during the fourth quarter valued at $25,000. US Bancorp DE raised its holdings in Nu Skin Enterprises by 424.2% during the 4th quarter. US Bancorp DE now owns 7,460 shares of the company’s stock worth $51,000 after purchasing an additional 6,037 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in Nu Skin Enterprises by 28.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company’s stock valued at $55,000 after purchasing an additional 1,768 shares during the period. Signaturefd LLC boosted its stake in shares of Nu Skin Enterprises by 536.8% in the 4th quarter. Signaturefd LLC now owns 8,087 shares of the company’s stock valued at $56,000 after purchasing an additional 6,817 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Nu Skin Enterprises by 2,412.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company’s stock worth $57,000 after buying an additional 7,888 shares during the period. 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.