Hsbc Holdings PLC Makes New $619,000 Investment in Nu Skin Enterprises, Inc. $NUS

Key Points

• Hsbc Holdings PLC has acquired a new position in Nu Skin Enterprises, purchasing 85,026 shares for approximately $619,000, representing about 0.17% of the company's stock.
• The recent quarter saw substantial increases in holdings from several institutional investors, with Prescott Group Capital Management raising its stake by 142.7% to own over 1.39 million shares worth approximately $10.1 million.
• Nu Skin Enterprises declared a quarterly dividend of $0.06, resulting in an annualized yield of 2.0% and a low dividend payout ratio of 11.94% currently.

Hsbc Holdings PLC acquired a new stake in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 85,026 shares of the company's stock, valued at approximately $619,000. Hsbc Holdings PLC owned 0.17% of Nu Skin Enterprises at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of NUS. GAMMA Investing LLC increased its position in shares of Nu Skin Enterprises by 102.0% in 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 during the last quarter. Public Employees Retirement System of Ohio grew its holdings 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 valued at $55,000 after buying an additional 1,768 shares in the last quarter. PAX Financial Group LLC lifted its position in Nu Skin Enterprises by 5.0% in 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 last quarter. SummerHaven Investment Management LLC raised 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 in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Nu Skin Enterprises by 5.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 53,711 shares of the company's stock worth $371,000 after acquiring an additional 2,702 shares during the last quarter. Institutional investors and hedge funds own 82.84% of the company's stock.

Insider Activity

In other news, EVP Chayce David Clark sold 20,000 shares of the company's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $11.97, for a total transaction of $239,400.00. Following the transaction, the executive vice president directly owned 233,140 shares of the company's stock, valued at $2,790,685.80. This represents a 7.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Laura Nathanson sold 6,489 shares of the stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $12.22, for a total value of $79,295.58. Following the completion of the transaction, the director directly owned 33,149 shares in the company, valued at approximately $405,080.78. This represents a 16.37% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 58,926 shares of company stock worth $711,364 in the last quarter. 2.00% of the stock is owned by company insiders.

Nu Skin Enterprises Trading Down 4.1%

NYSE:NUS traded down $0.51 during mid-day trading on Friday, hitting $11.80. The company had a trading volume of 106,069 shares, compared to its average volume of 648,951. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.32 and a fifty-two week high of $12.40. The business's fifty day moving average is $9.88 and its two-hundred day moving average is $8.13. The firm has a market cap of $583.85 million, a P/E ratio of 5.86 and a beta of 0.92. 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 quarterly earnings data on Thursday, August 7th. The company reported $0.43 earnings per share (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. As a group, research analysts expect that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th will be issued a $0.06 dividend. The ex-dividend date is Friday, August 29th. This represents a $0.24 annualized dividend and a yield of 2.0%. Nu Skin Enterprises's dividend payout ratio (DPR) is 11.94%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on NUS. Zacks Research raised shares of Nu Skin Enterprises to a "hold" rating in a research 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 note on Friday, August 22nd. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $6.88.

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.