Nu Skin Enterprises, Inc. (NYSE:NUS) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 21.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 715,577 shares of the company’s stock after selling 192,487 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Nu Skin Enterprises were worth $4,930,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Weiss Asset Management LP acquired a new position in shares of Nu Skin Enterprises in the 3rd quarter valued at about $2,727,000. Centiva Capital LP acquired a new position in Nu Skin Enterprises in the third quarter valued at approximately $508,000. Verition Fund Management LLC acquired a new position in Nu Skin Enterprises in the third quarter valued at approximately $581,000. JPMorgan Chase & Co. grew its holdings in shares of Nu Skin Enterprises by 175.6% during the third quarter. JPMorgan Chase & Co. now owns 231,957 shares of the company’s stock valued at $1,710,000 after purchasing an additional 147,784 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its position in shares of Nu Skin Enterprises by 27.7% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 603,555 shares of the company’s stock worth $4,448,000 after purchasing an additional 130,980 shares during the period. 82.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NUS. StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Tuesday, February 25th. DA Davidson reduced their price target on shares of Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating for the company in a report on Friday, December 20th.

Nu Skin Enterprises Price Performance

NYSE NUS opened at $6.83 on Wednesday. The company has a 50-day moving average price of $7.35 and a two-hundred day moving average price of $7.08. Nu Skin Enterprises, Inc. has a 52 week low of $5.95 and a 52 week high of $14.04. The stock has a market cap of $339.61 million, a price-to-earnings ratio of -2.32 and a beta of 1.06. The company has a current ratio of 1.82, a quick ratio of 1.17 and a debt-to-equity ratio of 0.56.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.14. The business had revenue of $445.55 million during the quarter, compared to analyst estimates of $441.10 million. Nu Skin Enterprises had a positive return on equity of 5.86% and a negative net margin of 8.46%. Analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend was Monday, February 24th. Nu Skin Enterprises’s payout ratio is currently -8.14%.

Nu Skin Enterprises Company 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.