StockNews.com initiated coverage on shares of Nu Skin Enterprises (NYSE:NUS – Free Report) in a report published on Thursday. The brokerage issued a hold rating on the stock.

NUS has been the topic of several other research reports. Stifel Nicolaus dropped their price target on shares of Nu Skin Enterprises from $43.00 to $35.00 and set a hold rating on the stock in a research report on Wednesday, August 2nd. DA Davidson decreased their price objective on shares of Nu Skin Enterprises from $38.00 to $29.00 and set a neutral rating for the company in a research note on Thursday, August 3rd. Five analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has a consensus rating of Hold and an average price target of $36.00.

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Nu Skin Enterprises Stock Up 0.9 %

NYSE NUS traded up $0.21 during trading hours on Thursday, hitting $24.41. The company’s stock had a trading volume of 251,067 shares, compared to its average volume of 596,618. Nu Skin Enterprises has a 52 week low of $23.82 and a 52 week high of $46.90. The company has a market capitalization of $1.22 billion, a PE ratio of 17.16 and a beta of 1.17. The company has a current ratio of 1.78, a quick ratio of 0.94 and a debt-to-equity ratio of 0.41. The company’s 50-day simple moving average is $30.04 and its two-hundred day simple moving average is $36.23.

Nu Skin Enterprises (NYSE:NUS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 1st. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.01. Nu Skin Enterprises had a net margin of 3.43% and a return on equity of 12.88%. The business had revenue of $500.26 million for the quarter, compared to analysts’ expectations of $512.35 million. Research analysts anticipate that Nu Skin Enterprises will post 2.47 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, September 6th. Shareholders of record on Friday, August 25th will be paid a $0.39 dividend. The ex-dividend date is Thursday, August 24th. This represents a $1.56 annualized dividend and a yield of 6.39%. Nu Skin Enterprises’s dividend payout ratio (DPR) is 110.64%.

Insider Transactions at Nu Skin Enterprises

In other news, Director Andrew D. Lipman sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, June 26th. The shares were sold at an average price of $32.12, for a total transaction of $64,240.00. Following the completion of the sale, the director now owns 60,625 shares in the company, valued at approximately $1,947,275. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director Andrew D. Lipman sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, June 26th. The shares were sold at an average price of $32.12, for a total transaction of $64,240.00. Following the completion of the sale, the director now owns 60,625 shares in the company, valued at approximately $1,947,275. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Emma S. Battle sold 1,272 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $26.15, for a total transaction of $33,262.80. Following the sale, the director now owns 7,619 shares of the company’s stock, valued at approximately $199,236.85. The disclosure for this sale can be found here. Insiders sold a total of 7,272 shares of company stock worth $224,043 in the last quarter. Insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Lazard Asset Management LLC purchased a new position in Nu Skin Enterprises in the 2nd quarter valued at approximately $30,000. Eagle Bay Advisors LLC grew its stake in Nu Skin Enterprises by 37.1% in the 2nd quarter. Eagle Bay Advisors LLC now owns 809 shares of the company’s stock valued at $35,000 after buying an additional 219 shares in the last quarter. Royal Bank of Canada grew its stake in Nu Skin Enterprises by 118.2% in the 3rd quarter. Royal Bank of Canada now owns 1,150 shares of the company’s stock valued at $38,000 after buying an additional 623 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new position in Nu Skin Enterprises in the 1st quarter valued at approximately $51,000. Finally, Quadrant Capital Group LLC grew its stake in Nu Skin Enterprises by 135.8% in the 4th quarter. Quadrant Capital Group LLC now owns 1,646 shares of the company’s stock valued at $69,000 after buying an additional 948 shares in the last quarter. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

About Nu Skin Enterprises

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Nu Skin Enterprises, Inc, together with its subsidiaries, develops and distributes various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO, ageLOC Body Spa; and nutricentials skin care products.

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