Portolan Capital Management LLC Purchases Shares of 596,724 Nu Skin Enterprises, Inc. $NUS

Key Points

• Portolan Capital Management acquired a new position of 596,724 shares of Nu Skin (NYSE:NUS), valued at about $7.27 million1.21% ownership at the end of the quarter.
• Several other institutional investors also increased or initiated stakes—Prudential (+104.2%), American Century (+28.9%), Dimensional (+18.6%)—and institutional ownership totals about 82.84% of the stock.
• Nu Skin shares recently traded near $7.15 with a market cap of ~$344.1M and a P/E of 2.23; the company reported Q EPS of $0.29 (missed by $0.01), revenue below estimates, and declared a $0.06 quarterly dividend (annualized yield ~3.4%).

Portolan Capital Management LLC acquired a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 596,724 shares of the company's stock, valued at approximately $7,274,000. Portolan Capital Management LLC owned approximately 1.21% of Nu Skin Enterprises at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NUS. Hillsdale Investment Management Inc. bought a new stake in shares of Nu Skin Enterprises in the 2nd quarter worth about $5,279,000. Prudential Financial Inc. lifted its holdings in Nu Skin Enterprises by 104.2% during the 2nd quarter. Prudential Financial Inc. now owns 601,697 shares of the company's stock valued at $4,808,000 after purchasing an additional 307,085 shares during the last quarter. American Century Companies Inc. boosted its position in Nu Skin Enterprises by 28.9% in the second quarter. American Century Companies Inc. now owns 1,222,833 shares of the company's stock valued at $9,770,000 after buying an additional 274,123 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in Nu Skin Enterprises in the second quarter valued at about $1,582,000. Finally, Dimensional Fund Advisors LP boosted its position in Nu Skin Enterprises by 18.6% in the third quarter. Dimensional Fund Advisors LP now owns 1,179,385 shares of the company's stock valued at $14,376,000 after buying an additional 184,759 shares in the last quarter. 82.84% of the stock is owned by institutional investors.

Nu Skin Enterprises Stock Up 0.6%

Shares of NYSE NUS opened at $7.15 on Friday. Nu Skin Enterprises, Inc. has a 12-month low of $5.32 and a 12-month high of $14.62. The firm's 50-day simple moving average is $9.52 and its 200 day simple moving average is $10.35. The company has a quick ratio of 1.40, a current ratio of 2.08 and a debt-to-equity ratio of 0.25. The company has a market cap of $344.13 million, a price-to-earnings ratio of 2.23 and a beta of 1.05.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted its quarterly earnings data on Friday, February 13th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). Nu Skin Enterprises had a net margin of 10.79% and a return on equity of 8.14%. The company had revenue of $370.32 million during the quarter, compared to analyst estimates of $382.70 million. On average, research analysts expect that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Friday, February 27th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.4%. Nu Skin Enterprises's dividend payout ratio (DPR) is currently 7.50%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Nu Skin Enterprises from a "buy" rating to a "hold" rating in a report on Saturday, February 14th. Weiss Ratings reissued a "hold (c)" rating on shares of Nu Skin Enterprises in a report on Thursday, January 22nd. Finally, Zacks Research lowered Nu Skin Enterprises from a "hold" rating to a "strong sell" rating in a research report on Monday, March 2nd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Reduce".

About Nu Skin Enterprises

Nu Skin Enterprises, Inc is a Utah-based direct selling company that develops and distributes personal care products and dietary supplements. Operating through a network marketing model, Nu Skin offers a portfolio of wellness, anti-aging skin care, hair care and nutritional products designed to support healthy living and appearance. The company leverages independent distributors to market its offerings directly to consumers across multiple channels, including online platforms and localized events.

Founded in 1984 by Blake M.

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