Charles Schwab Investment Management Inc. Has $7.64 Million Stock Holdings in Nu Skin Enterprises, Inc. $NUS

Key Points

• Charles Schwab Investment Management Inc. has increased its stake in Nu Skin Enterprises by 47.1% during the first quarter, now owning approximately 2.12% of the company valued at $7.64 million.
• In the latest earnings report, Nu Skin Enterprises posted an EPS of $0.43, exceeding the expectations by $0.18, with revenues of $386.14 million.
• The company recently declared a quarterly dividend of $0.06 per share, giving it a yield of 2.0% and a payout ratio of 11.94%.

Charles Schwab Investment Management Inc. grew its position in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 47.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,052,384 shares of the company's stock after purchasing an additional 336,807 shares during the period. Charles Schwab Investment Management Inc. owned about 2.12% of Nu Skin Enterprises worth $7,640,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of NUS. Prescott Group Capital Management L.L.C. raised its holdings in Nu Skin Enterprises by 142.7% in the first 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 during the period. Pacer Advisors Inc. acquired a new stake in Nu Skin Enterprises in the first quarter worth $4,577,000. Susquehanna International Group LLP raised its holdings in Nu Skin Enterprises by 191.9% in the fourth 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 during the period. Two Sigma Advisers LP raised its holdings in Nu Skin Enterprises by 61.2% in the fourth 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 during the period. Finally, D. E. Shaw & Co. Inc. raised its holdings in Nu Skin Enterprises by 15.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company's stock worth $15,512,000 after purchasing an additional 301,295 shares during the period. 82.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NUS has been the topic of several analyst reports. Zacks Research upgraded shares of Nu Skin Enterprises to a "hold" rating in a report on Tuesday, August 12th. Wall Street Zen raised shares of Nu Skin Enterprises from a "buy" rating to a "strong-buy" rating in a research report on Friday, August 22nd. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $6.88.

Nu Skin Enterprises Stock Up 1.9%

Nu Skin Enterprises stock traded up $0.22 during mid-day trading on Friday, reaching $12.16. The company's stock had a trading volume of 485,119 shares, compared to its average volume of 680,331. The company has a market capitalization of $602.07 million, a price-to-earnings ratio of 6.05 and a beta of 0.91. Nu Skin Enterprises, Inc. has a 12 month low of $5.32 and a 12 month high of $12.40. The business's 50 day simple moving average is $9.53 and its 200 day simple moving average is $8.00. 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 (NYSE:NUS - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.18. The business had revenue of $386.14 million during the quarter, compared to the consensus estimate of $376.68 million. Nu Skin Enterprises had a net margin of 6.20% and a return on equity of 8.23%. Nu Skin Enterprises has set its FY 2025 guidance at 1.150-1.350 EPS. As a group, research analysts anticipate that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Announces Dividend

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

Insider Activity

In related news, 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 transaction of $38,250.08. Following the completion of the sale, the director owned 42,947 shares of the company's stock, valued at approximately $362,472.68. The trade was a 9.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 sale, the director directly owned 53,375 shares of the company's stock, valued at $645,837.50. The trade was a 30.47% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 36,969 shares of company stock valued at $430,919 in the last ninety days. 2.00% of the stock is currently owned by insiders.

About Nu Skin Enterprises

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.