Algert Global LLC Has $674,000 Position in 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 increased its stake in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 410.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,830 shares of the company's stock after purchasing an additional 74,660 shares during the quarter. Algert Global LLC owned approximately 0.19% of Nu Skin Enterprises worth $674,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of NUS. Prescott Group Capital Management L.L.C. increased its stake in Nu Skin Enterprises by 142.7% in the 1st quarter. Prescott Group Capital Management L.L.C. now owns 1,394,608 shares of the company's stock worth $10,125,000 after purchasing an additional 819,972 shares in the last quarter. Pacer Advisors Inc. purchased a new position in Nu Skin Enterprises in the 1st quarter worth about $4,577,000. Susquehanna International Group LLP increased its stake in Nu Skin Enterprises by 191.9% in the 4th quarter. Susquehanna International Group LLP now owns 702,127 shares of the company's stock worth $4,838,000 after purchasing an additional 461,608 shares in the last quarter. Two Sigma Advisers LP increased its stake in Nu Skin Enterprises by 61.2% in the 4th quarter. Two Sigma Advisers LP now owns 944,000 shares of the company's stock worth $6,504,000 after purchasing an additional 358,400 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Nu Skin Enterprises by 47.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,052,384 shares of the company's stock worth $7,640,000 after purchasing an additional 336,807 shares in the last quarter. Hedge funds and other institutional investors own 82.84% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Zacks Research raised Nu Skin Enterprises to a "hold" rating in a research note on Tuesday, August 12th. Wall Street Zen raised Nu Skin Enterprises from a "buy" rating to a "strong-buy" rating in a research note on Friday, August 22nd. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $6.88.

Nu Skin Enterprises Stock Up 1.9%

Shares of Nu Skin Enterprises stock traded up $0.22 during trading on Friday, hitting $12.16. 485,119 shares of the stock traded hands, compared to its average volume of 680,331. The stock has a market cap of $602.07 million, a P/E ratio of 6.05 and a beta of 0.91. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.01. Nu Skin Enterprises, Inc. has a twelve month low of $5.32 and a twelve month high of $12.40. The company has a fifty day moving average price of $9.53 and a two-hundred day moving average price of $7.99.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.18. The business had revenue of $386.14 million during the quarter, compared to analyst estimates 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. Equities research analysts predict that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current fiscal year.

Nu Skin Enterprises Announces Dividend

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

Insider Activity

In other news, Director Daniel W. Campbell sold 23,391 shares of Nu Skin Enterprises stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $12.10, for a total transaction of $283,031.10. Following the completion of the sale, the director directly owned 53,375 shares in the company, valued at $645,837.50. The trade was a 30.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Edwina D. Woodbury sold 4,532 shares of Nu Skin Enterprises stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $8.44, for a total value of $38,250.08. Following the sale, the director owned 42,947 shares of the company's stock, valued at approximately $362,472.68. This represents a 9.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 36,969 shares of company stock valued at $430,919. 2.00% of the stock is owned by corporate insiders.

Nu Skin Enterprises 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.