Nu Skin Enterprises, Inc. (NYSE:NUS) Stock Position Decreased by Federated Hermes Inc.

Federated Hermes Inc. lowered its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 58.6% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 423,983 shares of the company's stock after selling 600,377 shares during the period. Federated Hermes Inc. owned approximately 0.85% of Nu Skin Enterprises worth $3,078,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its position in shares of Nu Skin Enterprises by 102.0% during the first quarter. GAMMA Investing LLC now owns 3,498 shares of the company's stock worth $25,000 after purchasing an additional 1,766 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in Nu Skin Enterprises by 28.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company's stock worth $55,000 after buying an additional 1,768 shares during the last quarter. PAX Financial Group LLC increased its position in Nu Skin Enterprises by 5.0% during the first quarter. PAX Financial Group LLC now owns 38,473 shares of the company's stock worth $279,000 after buying an additional 1,840 shares during the period. Franklin Resources Inc. lifted its stake in Nu Skin Enterprises by 6.5% in the fourth quarter. Franklin Resources Inc. now owns 34,307 shares of the company's stock valued at $236,000 after buying an additional 2,091 shares during the last quarter. Finally, SummerHaven Investment Management LLC boosted its holdings in shares of Nu Skin Enterprises by 2.8% in the first quarter. SummerHaven Investment Management LLC now owns 79,860 shares of the company's stock valued at $580,000 after acquiring an additional 2,195 shares during the period. Institutional investors and hedge funds own 82.84% of the company's stock.

Nu Skin Enterprises Stock Performance

Shares of NUS stock traded up $0.30 during midday trading on Wednesday, hitting $8.64. The company had a trading volume of 623,271 shares, compared to its average volume of 648,043. The stock has a market cap of $426.75 million, a price-to-earnings ratio of -10.80 and a beta of 0.91. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.02 and a quick ratio of 1.29. The company's 50 day simple moving average is $8.37 and its 200 day simple moving average is $7.44. Nu Skin Enterprises, Inc. has a 52-week low of $5.32 and a 52-week high of $10.88.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.08. Nu Skin Enterprises had a negative net margin of 2.30% and a positive return on equity of 6.99%. The firm had revenue of $364.49 million for the quarter, compared to analyst estimates of $352.06 million. Research analysts anticipate that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 11th. Stockholders of record on Friday, May 30th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, May 30th. Nu Skin Enterprises's dividend payout ratio (DPR) is -30.00%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research report on Monday, May 12th.

Insider Buying and Selling

In related news, Director Edwina D. Woodbury sold 4,532 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $8.44, for a total transaction of $38,250.08. Following the sale, the director owned 42,947 shares of the company's stock, valued at $362,472.68. This trade represents a 9.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven Keith Hatchett bought 6,500 shares of the firm's stock in a transaction that occurred on Wednesday, May 28th. The shares were purchased at an average price of $7.54 per share, for a total transaction of $49,010.00. Following the transaction, the insider owned 162,065 shares of the company's stock, valued at $1,221,970.10. The trade was a 4.18% increase in their position. The disclosure for this purchase can be found here. Company insiders own 2.00% of the company's stock.

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.