Nu Skin Enterprises, Inc. $NUS Shares Sold by AlphaQuest LLC

AlphaQuest LLC reduced its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 93.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,193 shares of the company’s stock after selling 101,011 shares during the quarter. AlphaQuest LLC’s holdings in Nu Skin Enterprises were worth $52,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NUS. GAMMA Investing LLC raised its stake in Nu Skin Enterprises by 102.0% during the 1st quarter. GAMMA Investing LLC now owns 3,498 shares of the company’s stock worth $25,000 after acquiring an additional 1,766 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in Nu Skin Enterprises during the 1st quarter worth $33,000. Public Employees Retirement System of Ohio increased its stake in Nu Skin Enterprises by 28.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company’s stock valued at $55,000 after purchasing an additional 1,768 shares during the period. Harbor Capital Advisors Inc. increased its stake in Nu Skin Enterprises by 2,542.6% in the first quarter. Harbor Capital Advisors Inc. now owns 9,117 shares of the company’s stock valued at $66,000 after purchasing an additional 8,772 shares during the period. Finally, Virtu Financial LLC acquired a new position in Nu Skin Enterprises in the first quarter valued at $73,000. 82.84% of the stock is currently owned by institutional investors and hedge funds.

Nu Skin Enterprises Trading Down 0.5%

Shares of Nu Skin Enterprises stock opened at $12.06 on Thursday. Nu Skin Enterprises, Inc. has a 52-week low of $5.32 and a 52-week high of $12.40. The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.27. The company’s 50-day simple moving average is $9.80 and its 200-day simple moving average is $8.10. The firm has a market cap of $596.72 million, a price-to-earnings ratio of 6.00 and a beta of 0.92.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. Nu Skin Enterprises had a net margin of 6.20% and a return on equity of 8.23%. The business had revenue of $386.14 million for the quarter, compared to analyst estimates of $376.68 million. Nu Skin Enterprises has set its FY 2025 guidance at 1.150-1.350 EPS. As a group, equities research analysts anticipate that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, August 29th. Nu Skin Enterprises’s dividend payout ratio is presently 11.94%.

Insiders Place Their Bets

In other Nu Skin Enterprises news, Director Daniel W. Campbell sold 23,391 shares of the company’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $12.10, for a total transaction of $283,031.10. Following the transaction, the director directly owned 53,375 shares in the company, valued at approximately $645,837.50. This represents a 30.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on NUS shares. Zacks Research upgraded shares of Nu Skin Enterprises to a “hold” rating in a research note on Tuesday, August 12th. Wall Street Zen upgraded shares of Nu Skin Enterprises from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 22nd. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $6.88.

Nu Skin Enterprises Profile

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.