Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) Director Edwina D. Woodbury sold 4,532 shares of the business's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $8.44, for a total value of $38,250.08. Following the completion of the transaction, the director now directly owns 42,947 shares of the company's stock, valued at approximately $362,472.68. The trade was a 9.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Nu Skin Enterprises Price Performance
Shares of NUS traded up $0.15 during midday trading on Friday, hitting $7.93. The company's stock had a trading volume of 308,712 shares, compared to its average volume of 836,213. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56. Nu Skin Enterprises, Inc. has a one year low of $5.32 and a one year high of $13.70. The stock has a market capitalization of $391.85 million, a price-to-earnings ratio of -2.69 and a beta of 0.98. The company's fifty day simple moving average is $6.70 and its two-hundred day simple moving average is $7.07.
Nu Skin Enterprises (NYSE:NUS - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.08. Nu Skin Enterprises had a positive return on equity of 5.86% and a negative net margin of 8.46%. The company had revenue of $364.49 million for the quarter, compared to the consensus estimate of $352.06 million. As a group, equities 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 announced a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 3.03%. The ex-dividend date of this dividend is Friday, May 30th. Nu Skin Enterprises's payout ratio is presently -30.00%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Prescott Group Capital Management L.L.C. increased its position in Nu Skin Enterprises by 142.7% in the 1st quarter. Prescott Group Capital Management L.L.C. now owns 1,394,608 shares of the company's stock valued at $10,125,000 after buying an additional 819,972 shares in the last quarter. Pacer Advisors Inc. purchased a new position in shares of Nu Skin Enterprises in the 1st quarter worth approximately $4,577,000. Susquehanna International Group LLP boosted its stake in shares of Nu Skin Enterprises by 191.9% in the 4th quarter. Susquehanna International Group LLP now owns 702,127 shares of the company's stock worth $4,838,000 after buying an additional 461,608 shares during the last quarter. Two Sigma Advisers LP boosted its stake in shares of Nu Skin Enterprises by 61.2% in the 4th quarter. Two Sigma Advisers LP now owns 944,000 shares of the company's stock worth $6,504,000 after buying an additional 358,400 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Nu Skin Enterprises by 47.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,052,384 shares of the company's stock valued at $7,640,000 after purchasing an additional 336,807 shares during the last quarter. 82.84% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Separately, Wall Street Zen raised Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research report on Monday, May 12th.
Check Out Our Latest Research Report on NUS
About Nu Skin Enterprises
(
Get Free Report)
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.
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