Dynamic Technology Lab Private Ltd Takes $219,000 Position in Nu Skin Enterprises, Inc. (NUS)
Dynamic Technology Lab Private Ltd purchased a new stake in Nu Skin Enterprises, Inc. (NYSE:NUS) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,572 shares of the company’s stock, valued at approximately $219,000.
Other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE raised its holdings in Nu Skin Enterprises by 3.3% in the 2nd quarter. US Bancorp DE now owns 2,032 shares of the company’s stock valued at $128,000 after acquiring an additional 65 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Nu Skin Enterprises during the third quarter worth approximately $148,000. Texas Yale Capital Corp. bought a new position in shares of Nu Skin Enterprises during the second quarter worth approximately $217,000. Shelton Capital Management bought a new position in shares of Nu Skin Enterprises during the second quarter worth approximately $232,000. Finally, Quantbot Technologies LP bought a new position in shares of Nu Skin Enterprises during the third quarter worth approximately $229,000. 77.54% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Nu Skin Enterprises, Inc. (NYSE NUS) traded down $0.82 on Friday, hitting $65.56. 511,700 shares of the stock traded hands, compared to its average volume of 661,326. Nu Skin Enterprises, Inc. has a 12 month low of $46.76 and a 12 month high of $68.50. The company has a market capitalization of $3,450.00, a PE ratio of 23.46, a PEG ratio of 2.41 and a beta of 1.57. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.78 and a quick ratio of 1.18.
Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results 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. The business had revenue of $563.70 million for the quarter, compared to analyst estimates of $562.70 million. Nu Skin Enterprises had a net margin of 6.97% and a return on equity of 22.38%. The firm’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same quarter last year, the business posted $0.98 EPS. sell-side analysts forecast that Nu Skin Enterprises, Inc. will post 3.23 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 6th. Investors of record on Friday, November 17th were given a dividend of $0.36 per share. The ex-dividend date was Thursday, November 16th. This represents a $1.44 annualized dividend and a dividend yield of 2.20%. Nu Skin Enterprises’s dividend payout ratio is 52.75%.
NUS has been the topic of several recent research reports. Zacks Investment Research cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. ValuEngine raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $62.00.
In related news, President Ryan S. Napierski sold 11,667 shares of the stock in a transaction that occurred 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 sale, the president now owns 71,634 shares in the company, valued at approximately $4,573,114.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Joseph Y. Chang sold 13,497 shares of the stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $62.06, for a total transaction of $837,623.82. Following the sale, the insider now owns 66,563 shares in the company, valued at approximately $4,130,899.78. The disclosure for this sale can be found here. Insiders have sold a total of 68,600 shares of company stock worth $4,298,104 in the last quarter. 5.20% of the stock is currently owned by company insiders.
Nu Skin Enterprises Company 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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