Nu Skin Enterprises Inc. (NYSE:NUS) shares saw strong trading volume on Thursday after Jefferies Group raised their price target on the stock from $53.00 to $61.00. Jefferies Group currently has a hold rating on the stock. 920,080 shares were traded during mid-day trading, an increase of 39% from the previous session’s volume of 662,452 shares.The stock last traded at $64.24 and had previously closed at $62.28.

Several other equities analysts have also issued reports on the company. Citigroup Inc. upped their price target on Nu Skin Enterprises from $66.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday. TheStreet raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Thursday, August 4th. Deutsche Bank AG upped their price target on Nu Skin Enterprises from $55.00 to $57.00 and gave the company a “buy” rating in a research note on Friday, August 5th. Stifel Nicolaus upped their price target on Nu Skin Enterprises from $34.00 to $45.00 and gave the company a “sell” rating in a research note on Friday, August 5th. Finally, Pivotal Research upped their price target on Nu Skin Enterprises from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, August 5th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Nu Skin Enterprises has an average rating of “Hold” and an average target price of $50.72.

Large investors have recently made changes to their positions in the company. Teachers Advisors Inc. increased its stake in shares of Nu Skin Enterprises by 3.8% in the first quarter. Teachers Advisors Inc. now owns 58,288 shares of the company’s stock valued at $2,230,000 after buying an additional 2,125 shares during the period. TD Asset Management Inc. increased its stake in shares of Nu Skin Enterprises by 23.8% in the second quarter. TD Asset Management Inc. now owns 24,952 shares of the company’s stock valued at $1,153,000 after buying an additional 4,800 shares during the period. Aristotle Capital Boston LLC increased its stake in shares of Nu Skin Enterprises by 9.5% in the first quarter. Aristotle Capital Boston LLC now owns 75,115 shares of the company’s stock valued at $2,873,000 after buying an additional 6,510 shares during the period. GSA Capital Partners LLP increased its stake in shares of Nu Skin Enterprises by 234.4% in the second quarter. GSA Capital Partners LLP now owns 72,436 shares of the company’s stock valued at $3,346,000 after buying an additional 50,774 shares during the period. Finally, Schroder Investment Management Group increased its stake in shares of Nu Skin Enterprises by 4.0% in the second quarter. Schroder Investment Management Group now owns 1,369,794 shares of the company’s stock valued at $63,271,000 after buying an additional 52,800 shares during the period. Institutional investors own 77.08% of the company’s stock.

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The stock has a 50 day moving average of $58.46 and a 200 day moving average of $45.95. The firm has a market capitalization of $3.60 billion, a P/E ratio of 36.888 and a beta of 1.75.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings data on Thursday, August 4th. The company reported $0.79 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.01. Nu Skin Enterprises had a return on equity of 18.46% and a net margin of 4.52%. The company had revenue of $600.05 million for the quarter, compared to the consensus estimate of $578.87 million. During the same quarter last year, the business posted $0.75 EPS. Nu Skin Enterprises’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts predict that Nu Skin Enterprises Inc. will post $2.88 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 14th. Investors of record on Friday, August 26th were issued a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend was Wednesday, August 24th. Nu Skin Enterprises’s dividend payout ratio (DPR) is 81.14%.

Nu Skin Enterprises Company Profile

Nu Skin Enterprises, Inc is a direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Nu Skin brand offers a range of products, including ageLOC Spa systems, ageLOC Transformation anti-aging skin care system and ageLOC Tru Face Essence Ultra anti-aging skin care serum.

5 Day Chart for NYSE:NUS

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