Nu Skin Enterprises, Inc. (NYSE:NUS) Director Sells $13,086.89 in Stock

Nu Skin Enterprises, Inc. (NYSE:NUS) Director Emma S. Battle sold 1,693 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $7.73, for a total transaction of $13,086.89. Following the completion of the sale, the director now owns 17,530 shares in the company, valued at $135,506.90. This represents a 8.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Nu Skin Enterprises Stock Up 1.8 %

Shares of NYSE:NUS traded up $0.14 during trading on Monday, hitting $7.68. 1,216,680 shares of the company’s stock traded hands, compared to its average volume of 827,780. The company has a current ratio of 1.82, a quick ratio of 1.17 and a debt-to-equity ratio of 0.56. The company has a 50-day moving average price of $6.89 and a 200-day moving average price of $7.31. Nu Skin Enterprises, Inc. has a 52 week low of $5.95 and a 52 week high of $14.04. The company has a market cap of $381.60 million, a price-to-earnings ratio of -2.60 and a beta of 1.17.

Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.14. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. The firm had revenue of $445.55 million for the quarter, compared to analyst estimates of $441.10 million. As a group, research analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current fiscal year.

Nu Skin Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Monday, February 24th. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently -8.14%.

Institutional Trading of Nu Skin Enterprises

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC grew its holdings in shares of Nu Skin Enterprises by 358.4% during the third quarter. Jane Street Group LLC now owns 924,993 shares of the company’s stock worth $6,817,000 after buying an additional 723,220 shares in the last quarter. Susquehanna International Group LLP grew its stake in shares of Nu Skin Enterprises by 191.9% during the 4th quarter. Susquehanna International Group LLP now owns 702,127 shares of the company’s stock worth $4,838,000 after acquiring an additional 461,608 shares in the last quarter. Weiss Asset Management LP acquired a new stake in shares of Nu Skin Enterprises in the third quarter valued at approximately $2,727,000. Two Sigma Advisers LP raised its holdings in shares of Nu Skin Enterprises by 61.2% in the fourth quarter. Two Sigma Advisers LP now owns 944,000 shares of the company’s stock valued at $6,504,000 after purchasing an additional 358,400 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its position in shares of Nu Skin Enterprises by 15.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company’s stock worth $15,512,000 after purchasing an additional 301,295 shares in the last quarter. 82.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on NUS. DA Davidson lowered their target price on shares of Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating for the company in a research note on Friday, December 20th. StockNews.com lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Monday, February 17th.

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.