TIAA CREF Investment Management LLC lessened its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 42.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 209,633 shares of the company’s stock after selling 154,565 shares during the quarter. TIAA CREF Investment Management LLC owned 0.40% of Nu Skin Enterprises worth $13,173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Nu Skin Enterprises by 0.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,249 shares of the company’s stock worth $456,000 after purchasing an additional 31 shares in the last quarter. US Bancorp DE grew its position in Nu Skin Enterprises by 3.3% during the 2nd quarter. US Bancorp DE now owns 2,032 shares of the company’s stock valued at $128,000 after purchasing an additional 65 shares during the last quarter. Loudon Investment Management LLC grew its position in Nu Skin Enterprises by 1.2% during the 2nd quarter. Loudon Investment Management LLC now owns 8,675 shares of the company’s stock valued at $545,000 after purchasing an additional 100 shares during the last quarter. Capstone Asset Management Co. grew its position in Nu Skin Enterprises by 2.3% during the 2nd quarter. Capstone Asset Management Co. now owns 4,989 shares of the company’s stock valued at $314,000 after purchasing an additional 110 shares during the last quarter. Finally, Retirement Systems of Alabama grew its position in Nu Skin Enterprises by 0.4% during the 2nd quarter. Retirement Systems of Alabama now owns 64,033 shares of the company’s stock valued at $4,024,000 after purchasing an additional 237 shares during the last quarter. 79.25% of the stock is owned by hedge funds and other institutional investors.

Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) opened at 60.39 on Tuesday. The stock has a market cap of $3.20 billion, a P/E ratio of 20.20 and a beta of 1.40. Nu Skin Enterprises, Inc. has a one year low of $46.35 and a one year high of $66.04. The stock’s 50 day moving average is $60.18 and its 200-day moving average is $58.79.

Nu Skin Enterprises (NYSE:NUS) last announced its earnings results on Wednesday, August 2nd. The company reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.08. Nu Skin Enterprises had a net margin of 7.53% and a return on equity of 24.14%. The company had revenue of $550.10 million during the quarter, compared to the consensus estimate of $548.09 million. During the same period last year, the firm earned $0.79 earnings per share. Nu Skin Enterprises’s revenue was down 8.4% compared to the same quarter last year. On average, equities analysts forecast that Nu Skin Enterprises, Inc. will post $3.23 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 13th. Stockholders of record on Friday, August 25th were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date was Wednesday, August 23rd. Nu Skin Enterprises’s payout ratio is presently 48.81%.

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In other news, General Counsel D Matthew Dorny sold 8,250 shares of the business’s stock in a transaction dated Wednesday, July 5th. The stock was sold at an average price of $62.92, for a total transaction of $519,090.00. Following the sale, the general counsel now owns 46,730 shares in the company, valued at $2,940,251.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Ryan S. Napierski sold 8,000 shares of the business’s stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $65.00, for a total value of $520,000.00. Following the sale, the president now owns 68,170 shares in the company, valued at approximately $4,431,050. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 28,357 shares of company stock worth $1,783,535. Insiders own 5.20% of the company’s stock.

NUS has been the subject of several recent analyst reports. TheStreet raised shares of Nu Skin Enterprises from a “c+” rating to a “b” rating in a report on Wednesday, August 2nd. BidaskClub cut shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Bank of America Corporation increased their price target on shares of Nu Skin Enterprises from $53.00 to $57.00 and gave the company an “underperform” rating in a report on Monday, July 10th. Zacks Investment Research downgraded shares of Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research report on Saturday, June 24th. Finally, Deutsche Bank AG raised their price target on shares of Nu Skin Enterprises from $63.00 to $66.00 and gave the company a “buy” rating in a research report on Wednesday, June 21st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $62.00.

About Nu Skin Enterprises

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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Institutional Ownership by Quarter for Nu Skin Enterprises (NYSE:NUS)

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