Andrew D. Lipman Sells 2,000 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) Stock

Nu Skin Enterprises, Inc. (NYSE:NUS – Get Rating) Director Andrew D. Lipman sold 2,000 shares of Nu Skin Enterprises stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $34.28, for a total transaction of $68,560.00. Following the transaction, the director now directly owns 58,393 shares of the company’s stock, valued at $2,001,712.04. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Nu Skin Enterprises Stock Performance

NYSE NUS traded down $0.05 during trading hours on Friday, hitting $34.55. 338,136 shares of the company’s stock traded hands, compared to its average volume of 451,968. The business’s fifty day moving average price is $39.03 and its two-hundred day moving average price is $40.44. The company has a current ratio of 2.08, a quick ratio of 1.09 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $1.72 billion, a P/E ratio of 22.62 and a beta of 1.21. Nu Skin Enterprises, Inc. has a 52 week low of $29.95 and a 52 week high of $47.84.

Nu Skin Enterprises (NYSE:NUS – Get Rating) last posted its quarterly earnings results on Wednesday, May 3rd. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. The business had revenue of $481.50 million during the quarter, compared to analyst estimates of $477.49 million. Nu Skin Enterprises had a net margin of 3.68% and a return on equity of 14.13%. The company’s revenue was down 20.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 earnings per share. Equities research analysts predict that Nu Skin Enterprises, Inc. will post 2.61 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 7th. Shareholders of record on Friday, May 26th will be given a $0.39 dividend. The ex-dividend date of this dividend is Thursday, May 25th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.52%. Nu Skin Enterprises’s payout ratio is currently 101.30%.

Wall Street Analyst Weigh In

NUS has been the subject of several recent analyst reports. DA Davidson decreased their target price on shares of Nu Skin Enterprises from $40.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, February 16th. StockNews.com began coverage on shares of Nu Skin Enterprises in a report on Thursday, May 18th. They set a “hold” rating for the company. Jefferies Financial Group cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating and decreased their price objective for the company from $43.00 to $39.00 in a report on Monday, January 30th. TheStreet cut shares of Nu Skin Enterprises from a “b-” rating to a “c+” rating in a report on Wednesday, March 15th. Finally, Citigroup boosted their target price on shares of Nu Skin Enterprises from $35.00 to $41.00 and gave the company a “neutral” rating in a research report on Wednesday, March 1st. Four analysts have rated the stock with a hold rating, According to MarketBeat.com, Nu Skin Enterprises presently has a consensus rating of “Hold” and a consensus price target of $39.33.

Hedge Funds Weigh In On Nu Skin Enterprises

A number of hedge funds have recently modified their holdings of the company. Eagle Bay Advisors LLC grew its stake in Nu Skin Enterprises by 37.1% during the second quarter. Eagle Bay Advisors LLC now owns 809 shares of the company’s stock valued at $35,000 after acquiring an additional 219 shares in the last quarter. Ronald Blue Trust Inc. grew its stake in Nu Skin Enterprises by 2,120.0% during the fourth quarter. Ronald Blue Trust Inc. now owns 888 shares of the company’s stock valued at $29,000 after acquiring an additional 848 shares in the last quarter. Royal Bank of Canada grew its stake in Nu Skin Enterprises by 118.2% during the third quarter. Royal Bank of Canada now owns 1,150 shares of the company’s stock valued at $38,000 after acquiring an additional 623 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new position in Nu Skin Enterprises during the first quarter valued at $51,000. Finally, Quadrant Capital Group LLC grew its stake in Nu Skin Enterprises by 135.8% during the fourth quarter. Quadrant Capital Group LLC now owns 1,646 shares of the company’s stock valued at $69,000 after acquiring an additional 948 shares in the last quarter. 93.67% of the stock is currently owned by institutional investors.

About Nu Skin Enterprises

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Nu Skin Enterprises, Inc is a holding company, which engages in the development and distribution of beauty and wellness solutions. It operates through the following segments: Mainland China, Americas, South Korea, Southeast Asia/Pacific, EMEA, Japan, Hong Kong/Taiwan, Nu Skin Other, Manufacturing, and Rhyz Other.