Insider Selling: Nu Skin Enterprises, Inc. (NYSE:NUS) Director Sells 2,000 Shares of Stock

Nu Skin Enterprises, Inc. (NYSE:NUS – Get Rating) Director Andrew D. Lipman sold 2,000 shares of the stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $34.28, for a total transaction of $68,560.00. Following the sale, the director now directly owns 58,393 shares in the company, valued at $2,001,712.04. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Nu Skin Enterprises Stock Down 0.1 %

Shares of NUS traded down $0.05 during midday trading on Friday, hitting $34.55. The company had a trading volume of 338,136 shares, compared to its average volume of 451,968. The company’s 50-day simple moving average is $39.03 and its 200-day simple moving average is $40.44. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.09 and a current ratio of 2.08. The firm has a market capitalization of $1.72 billion, a P/E ratio of 22.62 and a beta of 1.21. Nu Skin Enterprises, Inc. has a 1 year low of $29.95 and a 1 year high of $47.84.

Nu Skin Enterprises (NYSE:NUS – Get Rating) last released its quarterly earnings results on Wednesday, May 3rd. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.33 by $0.04. The company had revenue of $481.50 million for the quarter, compared to analyst estimates of $477.49 million. Nu Skin Enterprises had a return on equity of 14.13% and a net margin of 3.68%. The firm’s revenue was down 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 earnings per share. As a group, sell-side analysts expect that Nu Skin Enterprises, Inc. will post 2.61 EPS for the current year.

Nu Skin Enterprises Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 7th. Stockholders of record on Friday, May 26th will be given a $0.39 dividend. The ex-dividend date is Thursday, May 25th. This represents a $1.56 annualized dividend and a dividend yield of 4.52%. Nu Skin Enterprises’s dividend payout ratio is currently 101.30%.

Wall Street Analyst Weigh In

NUS has been the topic of several recent research reports. Jefferies Financial Group cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $43.00 to $39.00 in a research note on Monday, January 30th. StockNews.com began coverage on shares of Nu Skin Enterprises in a research note on Thursday, May 18th. They set a “hold” rating for the company. TheStreet lowered shares of Nu Skin Enterprises from a “b-” rating to a “c+” rating in a research note on Wednesday, March 15th. DA Davidson reduced their target price on shares of Nu Skin Enterprises from $40.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, February 16th. Finally, Citigroup increased their price target on shares of Nu Skin Enterprises from $35.00 to $41.00 and gave the stock a “neutral” rating in a report on Wednesday, March 1st. Four equities research analysts have rated the stock with a hold rating, According to MarketBeat, Nu Skin Enterprises presently has a consensus rating of “Hold” and an average price target of $39.33.

Institutional Trading of Nu Skin Enterprises

Institutional investors and hedge funds have recently made changes to their positions in the stock. Ronald Blue Trust Inc. lifted its holdings in Nu Skin Enterprises by 2,120.0% during the 4th quarter. Ronald Blue Trust Inc. now owns 888 shares of the company’s stock worth $29,000 after buying an additional 848 shares during the last quarter. 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 valued at $35,000 after purchasing an additional 219 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Nu Skin Enterprises by 118.2% during the 3rd quarter. Royal Bank of Canada now owns 1,150 shares of the company’s stock worth $38,000 after acquiring an additional 623 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in shares of Nu Skin Enterprises during the 1st quarter worth about $51,000. Finally, Quadrant Capital Group LLC lifted its position in shares of Nu Skin Enterprises by 135.8% during the 4th quarter. Quadrant Capital Group LLC now owns 1,646 shares of the company’s stock worth $69,000 after purchasing an additional 948 shares during the last quarter. 93.67% of the stock is currently owned by hedge funds and other institutional investors.

Nu Skin Enterprises Company Profile

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Nu Skin Enterprises, Inc is a holding company, which engages in the development and distribution of beauty and wellness solutions. It operates through the following segments: Mainland China, Americas, South Korea, Southeast Asia/Pacific, EMEA, Japan, Hong Kong/Taiwan, Nu Skin Other, Manufacturing, and Rhyz Other.