Inspire Investing LLC Boosts Stake in Nu Skin Enterprises, Inc. (NYSE:NUS)

Inspire Investing LLC lifted its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 29.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 28,295 shares of the company’s stock after acquiring an additional 6,415 shares during the period. Inspire Investing LLC owned approximately 0.06% of Nu Skin Enterprises worth $391,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SummerHaven Investment Management LLC boosted its stake in shares of Nu Skin Enterprises by 2.4% in the 4th quarter. SummerHaven Investment Management LLC now owns 24,107 shares of the company’s stock valued at $468,000 after purchasing an additional 564 shares in the last quarter. CWM LLC boosted its holdings in Nu Skin Enterprises by 38.4% during the 1st quarter. CWM LLC now owns 3,286 shares of the company’s stock valued at $45,000 after acquiring an additional 911 shares during the period. Signaturefd LLC grew its position in Nu Skin Enterprises by 25.1% during the 4th quarter. Signaturefd LLC now owns 5,000 shares of the company’s stock worth $97,000 after acquiring an additional 1,004 shares during the last quarter. Gladius Capital Management LP increased its stake in Nu Skin Enterprises by 18.7% in the 4th quarter. Gladius Capital Management LP now owns 9,967 shares of the company’s stock worth $194,000 after purchasing an additional 1,570 shares during the period. Finally, GAMMA Investing LLC bought a new stake in Nu Skin Enterprises in the fourth quarter valued at approximately $33,000. 82.84% of the stock is currently owned by hedge funds and other institutional investors.

Nu Skin Enterprises Trading Up 4.0 %

NYSE NUS traded up $0.41 during trading on Tuesday, hitting $10.66. The company had a trading volume of 227,467 shares, compared to its average volume of 764,106. The company’s fifty day moving average is $12.35 and its 200-day moving average is $13.98. Nu Skin Enterprises, Inc. has a one year low of $9.76 and a one year high of $30.30. The company has a quick ratio of 1.24, a current ratio of 2.09 and a debt-to-equity ratio of 0.56.

Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.04. Nu Skin Enterprises had a negative net margin of 0.17% and a positive return on equity of 9.28%. The company had revenue of $417.31 million for the quarter, compared to analysts’ expectations of $426.55 million. During the same quarter in the previous year, the company earned $0.37 earnings per share. Nu Skin Enterprises’s quarterly revenue was down 13.3% on a year-over-year basis. Equities research analysts expect that Nu Skin Enterprises, Inc. will post 1.1 earnings per share for the current year.

Nu Skin Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 12th. Stockholders of record on Friday, May 31st were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date was Friday, May 31st. Nu Skin Enterprises’s payout ratio is presently -399.93%.

Analysts Set New Price Targets

Separately, DA Davidson reduced their price target on Nu Skin Enterprises from $15.50 to $12.50 and set a “neutral” rating on the stock in a report on Thursday, May 9th. Four analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $20.83.

Insider Activity at Nu Skin Enterprises

In other news, Director Andrew D. Lipman sold 2,000 shares of the company’s stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of $13.33, for a total value of $26,660.00. Following the sale, the director now directly owns 23,225 shares of the company’s stock, valued at approximately $309,589.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 5,693 shares of company stock worth $71,690 over the last ninety days. 1.70% of the stock is owned by corporate insiders.

Nu Skin Enterprises Company 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.