Nuveen LLC Invests $1.40 Million in Nu Skin Enterprises, Inc. $NUS

Key Points

• Nuveen LLC acquired 193,058 shares of Nu Skin Enterprises, valued at approximately $1.4 million, representing 0.39% of the company's stock by the end of the last quarter.
• Nu Skin Enterprises announced a quarterly dividend of $0.06 per share with an annualized yield of 2.0%, impacting stockholders of record as of August 29th.
• Analysts have revised their ratings on Nu Skin Enterprises, with Wall Street Zen upgrading the stock from a "buy" to a "strong-buy" rating recently.

Nuveen LLC purchased a new position in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 193,058 shares of the company's stock, valued at approximately $1,402,000. Nuveen LLC owned 0.39% of Nu Skin Enterprises at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in Nu Skin Enterprises by 102.0% during the first 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 during the last quarter. New York State Teachers Retirement System acquired a new stake in Nu Skin Enterprises during the first quarter valued at approximately $33,000. Public Employees Retirement System of Ohio lifted its stake in Nu Skin Enterprises by 28.5% during the fourth 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 during the last quarter. Harbor Capital Advisors Inc. lifted its stake in Nu Skin Enterprises by 2,542.6% during the first 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 during the last quarter. Finally, Virtu Financial LLC acquired a new stake in Nu Skin Enterprises during the first quarter valued at approximately $73,000. 82.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the stock. 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. Zacks Research raised shares of Nu Skin Enterprises to a "hold" rating in a research note on Tuesday, August 12th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Nu Skin Enterprises presently has an average rating of "Hold" and a consensus price target of $6.88.

Nu Skin Enterprises Trading Up 1.7%

Shares of NUS stock traded up $0.21 during trading hours on Thursday, reaching $12.25. 236,074 shares of the stock traded hands, compared to its average volume of 650,587. Nu Skin Enterprises, Inc. has a 1-year low of $5.32 and a 1-year high of $12.40. The business has a fifty day moving average price of $9.80 and a 200 day moving average price of $8.10. The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $606.13 million, a PE ratio of 6.10 and a beta of 0.92.

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 for the quarter, beating the consensus estimate of $0.25 by $0.18. The firm had revenue of $386.14 million for the quarter, compared to analyst estimates 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. On average, equities research analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Announces Dividend

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

Insiders Place Their Bets

In other Nu Skin Enterprises news, Director Daniel W. Campbell sold 23,391 shares of the company's stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $12.10, for a total value of $283,031.10. Following the transaction, the director owned 53,375 shares in the company, valued at approximately $645,837.50. This represents a 30.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate 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.