Vanguard Group Inc. Has $30.01 Million Stake in Nu Skin Enterprises, Inc. $NUS

Key Points

• Vanguard Group Inc. has increased its holdings in Nu Skin Enterprises, now owning approximately 8.31% of the company worth about $30.01 million, following a 4.9% increase in shares during the first quarter.
• Nu Skin reported a strong quarterly performance, exceeding analysts' expectations with $386.14 million in revenue and an EPS of $0.43, significantly higher than the estimated $0.25.
• The company announced a $0.06 per share quarterly dividend, with a yield of 2.0% based on a 11.94% payout ratio, further indicating its commitment to returning value to shareholders.

Vanguard Group Inc. increased its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 4.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 4,133,109 shares of the company's stock after purchasing an additional 193,038 shares during the period. Vanguard Group Inc. owned approximately 8.31% of Nu Skin Enterprises worth $30,006,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NUS. Two Sigma Investments LP lifted its holdings in shares of Nu Skin Enterprises by 24.2% during the fourth quarter. Two Sigma Investments LP now owns 700,500 shares of the company's stock valued at $4,826,000 after acquiring an additional 136,624 shares during the period. Man Group plc boosted its position in Nu Skin Enterprises by 125.5% in the 4th quarter. Man Group plc now owns 102,836 shares of the company's stock valued at $709,000 after buying an additional 57,235 shares during the last quarter. New York State Teachers Retirement System bought a new position in Nu Skin Enterprises in the 1st quarter valued at $33,000. Wealth Enhancement Advisory Services LLC bought a new position in Nu Skin Enterprises in the 1st quarter valued at $118,000. Finally, MetLife Investment Management LLC boosted its position in Nu Skin Enterprises by 36.2% in the 4th quarter. MetLife Investment Management LLC now owns 30,429 shares of the company's stock valued at $210,000 after buying an additional 8,091 shares during the last quarter. 82.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Nu Skin Enterprises news, 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 transaction, the director directly owned 53,375 shares in the company, valued at approximately $645,837.50. The trade was a 30.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

NUS has been the topic of a number of recent research reports. Zacks Research upgraded Nu Skin Enterprises to a "hold" rating in a research report on Tuesday, August 12th. Wall Street Zen upgraded 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, According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $6.88.

Nu Skin Enterprises Trading Up 1.9%

Shares of NYSE:NUS traded up $0.22 during midday trading on Monday, hitting $12.16. The company had a trading volume of 485,119 shares, compared to its average volume of 676,633. Nu Skin Enterprises, Inc. has a 12 month low of $5.32 and a 12 month high of $12.40. The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.27. The stock has a market cap of $602.07 million, a price-to-earnings ratio of 6.05 and a beta of 0.92. The firm has a fifty day simple moving average of $9.53 and a 200 day simple moving average of $8.01.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.18. The business had revenue of $386.14 million for the quarter, compared to analyst estimates 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. On average, analysts predict that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.06 per share. 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 payout ratio is currently 11.94%.

Nu Skin Enterprises 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.