Nu Skin Enterprises, Inc. (NYSE:NUS) Director Sells $26,660.00 in Stock

Nu Skin Enterprises, Inc. (NYSE:NUSGet Free Report) Director Andrew D. Lipman sold 2,000 shares of the company’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $13.33, for a total transaction of $26,660.00. Following the completion of the sale, the director now owns 23,225 shares in the company, valued at approximately $309,589.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Nu Skin Enterprises Stock Performance

NYSE:NUS opened at $13.16 on Friday. The company’s 50 day moving average price is $12.84 and its 200-day moving average price is $15.38. Nu Skin Enterprises, Inc. has a 52 week low of $11.73 and a 52 week high of $35.66. The company has a current ratio of 2.09, a quick ratio of 1.24 and a debt-to-equity ratio of 0.56.

Nu Skin Enterprises (NYSE:NUSGet Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.04. Nu Skin Enterprises had a negative net margin of 0.17% and a positive return on equity of 9.28%. The firm had revenue of $417.31 million for the quarter, compared to analysts’ expectations of $426.55 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. The business’s revenue for the quarter was down 13.3% on a year-over-year basis. As a group, sell-side analysts predict that Nu Skin Enterprises, Inc. will post 1.1 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date is Friday, May 31st. Nu Skin Enterprises’s payout ratio is -399.93%.

Institutional Investors Weigh In On Nu Skin Enterprises

Institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC bought a new position in Nu Skin Enterprises during the fourth quarter valued at approximately $33,000. CWM LLC lifted its position in Nu Skin Enterprises by 38.4% during the first quarter. CWM LLC now owns 3,286 shares of the company’s stock valued at $45,000 after purchasing an additional 911 shares during the period. Public Employees Retirement System of Ohio lifted its position in Nu Skin Enterprises by 30.5% during the first quarter. Public Employees Retirement System of Ohio now owns 3,926 shares of the company’s stock valued at $54,000 after purchasing an additional 918 shares during the period. Covestor Ltd lifted its position in Nu Skin Enterprises by 90.1% during the first quarter. Covestor Ltd now owns 4,353 shares of the company’s stock valued at $60,000 after purchasing an additional 2,063 shares during the period. Finally, Lazard Asset Management LLC raised its position in Nu Skin Enterprises by 92.7% in the first quarter. Lazard Asset Management LLC now owns 4,587 shares of the company’s stock worth $63,000 after acquiring an additional 2,206 shares during the period. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on NUS. DA Davidson cut their price objective on shares of Nu Skin Enterprises from $15.50 to $12.50 and set a “neutral” rating on the stock in a report on Thursday, May 9th. StockNews.com cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, February 24th. Four investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $20.83.

View Our Latest Stock Report on NUS

About Nu Skin Enterprises

(Get Free Report)

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.

Read More

Insider Buying and Selling by Quarter for Nu Skin Enterprises (NYSE:NUS)

Receive News & Ratings for Nu Skin Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nu Skin Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.