Ryan S. Napierski Sells 6,933 Shares of Nu Skin Enterprises, Inc. (NUS) Stock
Nu Skin Enterprises, Inc. (NYSE:NUS) President Ryan S. Napierski sold 6,933 shares of the stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of $64.00, for a total value of $443,712.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of Nu Skin Enterprises, Inc. (NYSE NUS) traded down 0.59% during trading on Wednesday, hitting $62.80. The stock had a trading volume of 581,104 shares. The stock has a 50 day moving average price of $61.31 and a 200-day moving average price of $59.16. The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of 21.00 and a beta of 1.40. Nu Skin Enterprises, Inc. has a one year low of $46.35 and a one year high of $65.98.
Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.08. The business had revenue of $550.10 million for the quarter, compared to analyst estimates of $548.09 million. Nu Skin Enterprises had a return on equity of 24.14% and a net margin of 7.53%. Nu Skin Enterprises’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS. On average, equities research analysts predict that Nu Skin Enterprises, Inc. will post $3.23 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 13th. Investors of record on Friday, August 25th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $1.44 dividend on an annualized basis and a yield of 2.29%. Nu Skin Enterprises’s dividend payout ratio is currently 48.81%.
Hedge funds have recently modified their holdings of the stock. US Bancorp DE grew its position in Nu Skin Enterprises by 3.3% during the 2nd quarter. US Bancorp DE now owns 2,032 shares of the company’s stock worth $128,000 after acquiring an additional 65 shares during the last quarter. Independent Portfolio Consultants Inc. grew its position in Nu Skin Enterprises by 14.9% during the 2nd quarter. Independent Portfolio Consultants Inc. now owns 2,730 shares of the company’s stock worth $172,000 after acquiring an additional 355 shares during the last quarter. CENTRAL TRUST Co bought a new stake in shares of Nu Skin Enterprises in the 2nd quarter valued at about $187,000. Pillar Pacific Capital Management LLC bought a new stake in shares of Nu Skin Enterprises in the 2nd quarter valued at about $202,000. Finally, Ronald Blue & Co. LLC bought a new stake in shares of Nu Skin Enterprises in the 2nd quarter valued at about $207,000. Institutional investors and hedge funds own 79.25% of the company’s stock.
Several analysts have recently commented on NUS shares. Pivotal Research restated a “buy” rating and set a $80.00 target price (up previously from $65.00) on shares of Nu Skin Enterprises in a report on Thursday, June 22nd. Zacks Investment Research cut Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. Bank of America Corporation increased their target price on Nu Skin Enterprises from $53.00 to $57.00 and gave the stock an “underperform” rating in a report on Monday, July 10th. BidaskClub cut Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Finally, Stifel Nicolaus set a $50.00 target price on Nu Skin Enterprises and gave the stock a “sell” rating in a report on Thursday, August 3rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $62.00.
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 Me customized skin care system, ageLOC Spa systems and ageLOC Transformation anti-aging skin care system.
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