Nu Skin Enterprises, Inc. (NYSE:NUS) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lessened its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 49.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,840 shares of the company’s stock after selling 7,519 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Nu Skin Enterprises were worth $152,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. AlphaCrest Capital Management LLC acquired a new stake in Nu Skin Enterprises during the first quarter worth about $336,000. MetLife Investment Management LLC raised its stake in Nu Skin Enterprises by 39.1% during the first quarter. MetLife Investment Management LLC now owns 58,476 shares of the company’s stock worth $2,800,000 after acquiring an additional 16,431 shares during the period. Panagora Asset Management Inc. acquired a new stake in Nu Skin Enterprises during the first quarter worth about $385,000. Rhumbline Advisers raised its stake in Nu Skin Enterprises by 0.6% during the first quarter. Rhumbline Advisers now owns 148,426 shares of the company’s stock worth $7,107,000 after acquiring an additional 849 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Nu Skin Enterprises by 10.5% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,260 shares of the company’s stock worth $874,000 after acquiring an additional 1,741 shares during the period. Institutional investors and hedge funds own 82.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on NUS. StockNews.com lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Saturday, February 24th. DA Davidson dropped their price target on shares of Nu Skin Enterprises from $29.00 to $21.00 and set a “neutral” rating on the stock in a research note on Friday, January 5th. Four research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $23.67.

Insider Activity

In related news, Director Andrew D. Lipman sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $18.55, for a total transaction of $37,100.00. Following the completion of the sale, the director now directly owns 31,225 shares in the company, valued at $579,223.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders sold 6,000 shares of company stock worth $86,660 over the last three months. Corporate insiders own 2.00% of the company’s stock.

Nu Skin Enterprises Price Performance

Shares of NYSE:NUS opened at $13.01 on Friday. The firm’s 50 day moving average is $13.11 and its two-hundred day moving average is $16.56. The company has a current ratio of 2.13, a quick ratio of 1.28 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $642.95 million, a P/E ratio of 72.28 and a beta of 1.11. Nu Skin Enterprises, Inc. has a 52 week low of $11.84 and a 52 week high of $41.50.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.08. The business had revenue of $488.64 million during the quarter, compared to analysts’ expectations of $479.35 million. Nu Skin Enterprises had a net margin of 0.44% and a return on equity of 10.73%. Analysts anticipate that Nu Skin Enterprises, Inc. will post 1.13 earnings per share for the current year.

Nu Skin Enterprises Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, February 26th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Friday, February 23rd. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently 133.34%.

About Nu Skin Enterprises

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.