Meeder Asset Management Inc. Has $26,000 Stake in Nu Skin Enterprises, Inc. (NYSE:NUS)

Meeder Asset Management Inc. lowered its holdings in Nu Skin Enterprises, Inc. (NYSE:NUS) by 62.8% during the second quarter, Holdings Channel.com reports. The firm owned 467 shares of the company’s stock after selling 789 shares during the period. Meeder Asset Management Inc.’s holdings in Nu Skin Enterprises were worth $26,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of NUS. Eagle Bay Advisors LLC acquired a new position in Nu Skin Enterprises in the second quarter worth $40,000. Optimum Investment Advisors acquired a new position in Nu Skin Enterprises in the second quarter worth $48,000. IFP Advisors Inc raised its position in shares of Nu Skin Enterprises by 67.9% during the first quarter. IFP Advisors Inc now owns 979 shares of the company’s stock worth $52,000 after acquiring an additional 396 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of Nu Skin Enterprises by 19,862.5% during the first quarter. Rockefeller Capital Management L.P. now owns 1,597 shares of the company’s stock worth $84,000 after acquiring an additional 1,589 shares during the last quarter. Finally, AGF Investments LLC bought a new stake in shares of Nu Skin Enterprises during the first quarter worth $87,000. 81.06% of the stock is currently owned by institutional investors.

NYSE NUS opened at $41.71 on Friday. The stock has a 50-day simple moving average of $51.84 and a 200 day simple moving average of $54.41. The company has a market capitalization of $2.09 billion, a PE ratio of 9.19 and a beta of 1.15. The company has a current ratio of 1.56, a quick ratio of 0.93 and a debt-to-equity ratio of 0.31. Nu Skin Enterprises, Inc. has a 12 month low of $41.25 and a 12 month high of $63.85.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings data on Wednesday, August 4th. The company reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.09. The business had revenue of $704.10 million during the quarter, compared to the consensus estimate of $703.38 million. Nu Skin Enterprises had a return on equity of 26.95% and a net margin of 8.35%. The firm’s revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.81 earnings per share. As a group, sell-side analysts predict that Nu Skin Enterprises, Inc. will post 4.42 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 8th. Investors of record on Friday, August 27th were issued a $0.38 dividend. The ex-dividend date was Thursday, August 26th. This represents a $1.52 dividend on an annualized basis and a yield of 3.64%. Nu Skin Enterprises’s dividend payout ratio is presently 41.87%.

Separately, Zacks Investment Research downgraded Nu Skin Enterprises from a “hold” rating to a “sell” rating and set a $57.00 target price for the company. in a research report on Monday, August 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Nu Skin Enterprises currently has an average rating of “Hold” and an average target price of $60.60.

In other Nu Skin Enterprises news, EVP Joseph Y. Chang sold 16,000 shares of the stock in a transaction dated Monday, September 13th. The stock was sold at an average price of $47.41, for a total value of $758,560.00. Following the completion of the sale, the executive vice president now directly owns 33,942 shares in the company, valued at $1,609,190.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel D Matthew Dorny sold 6,200 shares of the stock in a transaction dated Friday, July 2nd. The stock was sold at an average price of $56.88, for a total value of $352,656.00. The disclosure for this sale can be found here. Corporate insiders own 4.00% of the company’s stock.

Nu Skin Enterprises Profile

Nu Skin Enterprises, Inc develops and distributes personal care products and nutritional supplements. The firm engages in the provision of beauty and wellness products and solutions. Its brands include Nu Skin and Pharmanex. The company was founded by Blake M. Roney, Sandra N. Tillotson, and Steven J.

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Institutional Ownership by Quarter for Nu Skin Enterprises (NYSE:NUS)

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