Range Financial Group LLC Increases Stock Position in Nu Skin Enterprises, Inc. $NUS

Range Financial Group LLC grew its position in Nu Skin Enterprises, Inc. (NYSE:NUS) by 23.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 34,078 shares of the company’s stock after purchasing an additional 6,485 shares during the period. Range Financial Group LLC’s holdings in Nu Skin Enterprises were worth $272,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Two Sigma Investments LP grew its position in Nu Skin Enterprises by 24.2% during the fourth quarter. Two Sigma Investments LP now owns 700,500 shares of the company’s stock valued at $4,826,000 after buying an additional 136,624 shares during the period. Man Group plc grew its position in Nu Skin Enterprises by 125.5% during the fourth quarter. Man Group plc now owns 102,836 shares of the company’s stock valued at $709,000 after buying an additional 57,235 shares during the period. New York State Teachers Retirement System bought a new position in Nu Skin Enterprises during the first quarter valued at about $33,000. Wealth Enhancement Advisory Services LLC bought a new position in Nu Skin Enterprises during the first quarter valued at about $118,000. Finally, Hsbc Holdings PLC bought a new position in Nu Skin Enterprises during the first quarter valued at about $619,000. Institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Trading Down 1.2%

NUS stock opened at $11.69 on Wednesday. The company has a market capitalization of $578.80 million, a PE ratio of 5.82 and a beta of 0.92. Nu Skin Enterprises, Inc. has a one year low of $5.32 and a one year high of $12.40. The company’s 50 day moving average price is $10.36 and its two-hundred day moving average price is $8.35. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.01.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.25 by $0.18. The firm had revenue of $386.14 million for the quarter, compared to the consensus estimate of $376.68 million. Nu Skin Enterprises had a net margin of 6.20% and a return on equity of 8.23%. Nu Skin Enterprises has set its FY 2025 guidance at 1.150-1.350 EPS. As a group, analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 29th were issued a $0.06 dividend. The ex-dividend date was Friday, August 29th. This represents a $0.24 annualized dividend and a dividend yield of 2.1%. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently 11.94%.

Insider Transactions at Nu Skin Enterprises

In other news, EVP Chayce David Clark sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $11.97, for a total value of $239,400.00. Following the transaction, the executive vice president owned 233,140 shares in the company, valued at approximately $2,790,685.80. This trade represents a 7.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Daniel W. Campbell sold 23,391 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $12.10, for a total transaction of $283,031.10. Following the completion of the transaction, the director owned 53,375 shares in the company, valued at $645,837.50. This represents a 30.47% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 58,926 shares of company stock worth $711,364. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NUS shares. Zacks Research upgraded shares of Nu Skin Enterprises to a “hold” rating in a research report on Tuesday, August 12th. Wall Street Zen lowered shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 5th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, Nu Skin Enterprises currently has a consensus rating of “Hold” and a consensus price target of $6.88.

Nu Skin Enterprises 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.