Range Financial Group LLC Cuts Holdings in Nu Skin Enterprises, Inc. $NUS

Range Financial Group LLC decreased its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 74.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,459 shares of the company’s stock after selling 80,867 shares during the period. Range Financial Group LLC’s holdings in Nu Skin Enterprises were worth $274,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in NUS. Vanguard Group Inc. grew its position in Nu Skin Enterprises by 2.4% in the third quarter. Vanguard Group Inc. now owns 4,214,408 shares of the company’s stock worth $51,374,000 after acquiring an additional 96,988 shares in the last quarter. American Century Companies Inc. raised its position in Nu Skin Enterprises by 21.1% during the third quarter. American Century Companies Inc. now owns 1,480,967 shares of the company’s stock valued at $18,053,000 after purchasing an additional 258,134 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Nu Skin Enterprises by 7.2% during the first quarter. Goldman Sachs Group Inc. now owns 1,319,885 shares of the company’s stock valued at $9,582,000 after purchasing an additional 88,088 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Nu Skin Enterprises by 18.6% during the third quarter. Dimensional Fund Advisors LP now owns 1,179,385 shares of the company’s stock worth $14,376,000 after purchasing an additional 184,759 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Nu Skin Enterprises by 1.8% during the second quarter. Geode Capital Management LLC now owns 1,175,049 shares of the company’s stock worth $9,391,000 after purchasing an additional 21,276 shares during the last quarter. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Price Performance

NUS stock opened at $7.29 on Wednesday. The firm has a market cap of $350.68 million, a P/E ratio of 2.28 and a beta of 1.05. The firm’s fifty day moving average is $8.68 and its 200 day moving average is $9.93. Nu Skin Enterprises, Inc. has a 52 week low of $5.32 and a 52 week high of $14.62. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.40 and a current ratio of 2.08.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Friday, February 13th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). Nu Skin Enterprises had a return on equity of 8.14% and a net margin of 10.79%.The business had revenue of $370.32 million during the quarter, compared to the consensus estimate of $382.70 million. Research analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, February 27th. Nu Skin Enterprises’s payout ratio is 7.50%.

Analysts Set New Price Targets

NUS has been the topic of several recent research reports. Wall Street Zen lowered Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings restated a “hold (c)” rating on shares of Nu Skin Enterprises in a research report on Thursday, January 22nd. Finally, Zacks Research lowered Nu Skin Enterprises from a “hold” rating to a “strong sell” rating in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Nu Skin Enterprises Company Profile

Nu Skin Enterprises, Inc is a Utah-based direct selling company that develops and distributes personal care products and dietary supplements. Operating through a network marketing model, Nu Skin offers a portfolio of wellness, anti-aging skin care, hair care and nutritional products designed to support healthy living and appearance. The company leverages independent distributors to market its offerings directly to consumers across multiple channels, including online platforms and localized events.

Founded in 1984 by Blake M.