Canada Pension Plan Investment Board lessened its position in Nu Skin Enterprises, Inc. (NYSE:NUS) by 7.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 160,347 shares of the company’s stock after selling 12,700 shares during the period. Canada Pension Plan Investment Board owned approximately 0.30% of Nu Skin Enterprises worth $9,858,000 as of its most recent filing with the SEC.
A number of other large investors have also recently modified their holdings of the business. New York State Teachers Retirement System increased its stake in Nu Skin Enterprises by 33.6% in the third quarter. New York State Teachers Retirement System now owns 19,100 shares of the company’s stock valued at $1,174,000 after purchasing an additional 4,800 shares in the last quarter. Crossmark Global Holdings Inc. bought a new stake in Nu Skin Enterprises in the third quarter valued at approximately $334,000. Raymond James Financial Services Advisors Inc. bought a new stake in Nu Skin Enterprises in the third quarter valued at approximately $893,000. First Quadrant L P CA increased its stake in Nu Skin Enterprises by 31.3% in the third quarter. First Quadrant L P CA now owns 30,451 shares of the company’s stock valued at $1,872,000 after purchasing an additional 7,251 shares in the last quarter. Finally, Aperio Group LLC increased its stake in Nu Skin Enterprises by 37.8% in the third quarter. Aperio Group LLC now owns 54,153 shares of the company’s stock valued at $3,329,000 after purchasing an additional 14,851 shares in the last quarter. 79.74% of the stock is owned by hedge funds and other institutional investors.
Several brokerages have commented on NUS. Stifel Nicolaus set a $50.00 target price on shares of Nu Skin Enterprises and gave the company a “sell” rating in a research note on Thursday, August 3rd. TheStreet raised shares of Nu Skin Enterprises from a “c+” rating to a “b” rating in a research note on Wednesday, August 2nd. BidaskClub downgraded shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. Finally, Zacks Investment Research downgraded shares of Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $62.00.
Shares of Nu Skin Enterprises, Inc. (NYSE NUS) opened at $62.13 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.18 and a debt-to-equity ratio of 0.44. Nu Skin Enterprises, Inc. has a 12-month low of $46.35 and a 12-month high of $65.85. The stock has a market cap of $3,289.29, a price-to-earnings ratio of 21.95, a PEG ratio of 2.26 and a beta of 1.57.
Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings data on Wednesday, November 1st. The company reported $0.76 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.76. Nu Skin Enterprises had a net margin of 6.97% and a return on equity of 22.38%. The company had revenue of $563.70 million during the quarter, compared to the consensus estimate of $562.70 million. During the same quarter in the prior year, the firm earned $0.98 earnings per share. The firm’s revenue was down 6.7% compared to the same quarter last year. research analysts expect that Nu Skin Enterprises, Inc. will post 3.23 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Friday, November 17th will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.32%. The ex-dividend date is Thursday, November 16th. Nu Skin Enterprises’s dividend payout ratio is 52.75%.
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In related news, President Ryan S. Napierski sold 11,667 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $63.84, for a total transaction of $744,821.28. Following the completion of the transaction, the president now owns 71,634 shares in the company, valued at $4,573,114.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Daniel W. Campbell sold 4,607 shares of the stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $62.48, for a total transaction of $287,845.36. Following the transaction, the director now owns 63,753 shares of the company’s stock, valued at approximately $3,983,287.44. The disclosure for this sale can be found here. Insiders have sold 23,207 shares of company stock valued at $1,476,379 in the last three months. 5.20% of the stock is owned by insiders.
Nu Skin Enterprises 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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