Algert Global LLC Acquires 74,660 Shares of Nu Skin Enterprises, Inc. $NUS

Key Points

• Algert Global LLC increased its stake in Nu Skin Enterprises by 410.9%, owning 92,830 shares valued at approximately $674,000.
• Multiple institutional investors, including GAMMA Investing LLC and Harbor Capital Advisors, also significantly boosted their positions in Nu Skin during the first quarter, indicating strong interest from the investment community.
• Nu Skin Enterprises recently announced a quarterly dividend of $0.06 per share, yielding 2.0%, effective September 10th for investors of record on August 29th.

Algert Global LLC grew its position in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 410.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 92,830 shares of the company's stock after purchasing an additional 74,660 shares during the period. Algert Global LLC owned about 0.19% of Nu Skin Enterprises worth $674,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in shares of Nu Skin Enterprises by 102.0% in the 1st quarter. GAMMA Investing LLC now owns 3,498 shares of the company's stock valued at $25,000 after purchasing an additional 1,766 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Nu Skin Enterprises in the 1st quarter valued at $33,000. Public Employees Retirement System of Ohio boosted its stake in shares of Nu Skin Enterprises by 28.5% in 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 in the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of Nu Skin Enterprises by 2,542.6% in the 1st quarter. Harbor Capital Advisors Inc. now owns 9,117 shares of the company's stock valued at $66,000 after purchasing an additional 8,772 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Nu Skin Enterprises in the 1st quarter valued at $73,000. Institutional investors and hedge funds own 82.84% of the company's stock.

Nu Skin Enterprises Trading Down 0.1%

NYSE:NUS traded down $0.01 on Wednesday, hitting $12.20. 411,410 shares of the stock were exchanged, compared to its average volume of 656,629. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.01. The stock has a market capitalization of $603.68 million, a price-to-earnings ratio of 6.07 and a beta of 0.91. The company's 50-day moving average price is $9.27 and its 200 day moving average price is $7.88. Nu Skin Enterprises, Inc. has a 52 week low of $5.32 and a 52 week high of $12.40.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.18. The company had revenue of $386.14 million during the quarter, compared to analysts' expectations of $376.68 million. Nu Skin Enterprises had a return on equity of 8.23% and a net margin of 6.20%. Nu Skin Enterprises has set its FY 2025 guidance at 1.150-1.350 EPS. On average, equities research analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 29th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.0%. Nu Skin Enterprises's dividend payout ratio is 11.94%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on NUS. Wall Street Zen upgraded shares of Nu Skin Enterprises from a "buy" rating to a "strong-buy" rating in a research note on Friday, August 22nd. Zacks Research raised Nu Skin Enterprises to a "hold" rating in a report on Tuesday, August 12th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $6.88.

Insider Activity at Nu Skin Enterprises

In other news, Director Edwina D. Woodbury sold 4,532 shares of the company's stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $8.44, for a total value of $38,250.08. Following the completion of the sale, the director directly owned 42,947 shares of the company's stock, valued at $362,472.68. This represents a 9.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.00% of the stock is currently owned by company insiders.

Nu Skin Enterprises Company Profile

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.