Ritholtz Wealth Management Raises Stock Holdings in Nu Skin Enterprises, Inc. $NUS

Ritholtz Wealth Management increased its position in Nu Skin Enterprises, Inc. (NYSE:NUS) by 88.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 151,968 shares of the company’s stock after buying an additional 71,155 shares during the period. Ritholtz Wealth Management’s holdings in Nu Skin Enterprises were worth $1,462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NUS. GAMMA Investing LLC grew its position in Nu Skin Enterprises by 63.5% during the 3rd quarter. GAMMA Investing LLC now owns 3,036 shares of the company’s stock worth $37,000 after purchasing an additional 1,179 shares during the period. Tower Research Capital LLC TRC grew its position 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 worth $40,000 after purchasing an additional 2,614 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. Finally, Quadrant Capital Group LLC acquired a new stake in Nu Skin Enterprises during the 3rd quarter worth about $85,000. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Price Performance

Shares of NUS opened at $7.52 on Tuesday. The business’s 50-day moving average is $8.09 and its two-hundred day moving average is $9.63. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.40 and a current ratio of 2.08. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.32 and a fifty-two week high of $14.62. The company has a market capitalization of $361.70 million, a P/E ratio of 2.35 and a beta of 1.08.

Nu Skin Enterprises (NYSE:NUS) last posted its earnings results on Friday, February 13th. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). Nu Skin Enterprises had a net margin of 10.79% and a return on equity of 8.14%. The business had revenue of $370.32 million for the quarter, compared to analyst estimates of $382.70 million. Research analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th were given a dividend of $0.06 per share. The ex-dividend date was Friday, February 27th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.2%. Nu Skin Enterprises’s dividend payout ratio (DPR) is 7.50%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on NUS. Zacks Research downgraded Nu Skin Enterprises from a “hold” rating to a “strong sell” rating in a research report on Monday, March 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nu Skin Enterprises in a research report on Thursday, January 22nd. Finally, Wall Street Zen downgraded Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce”.

Nu Skin Enterprises 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.