Inspire Investing LLC Grows Stock Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

Inspire Investing LLC increased its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 29.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,502 shares of the company’s stock after buying an additional 8,207 shares during the quarter. Inspire Investing LLC owned about 0.07% of Nu Skin Enterprises worth $385,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of NUS. CWM LLC lifted its holdings in shares of Nu Skin Enterprises by 38.4% in the 1st quarter. CWM LLC now owns 3,286 shares of the company’s stock worth $45,000 after acquiring an additional 911 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in Nu Skin Enterprises by 30.5% during the 1st quarter. Public Employees Retirement System of Ohio now owns 3,926 shares of the company’s stock valued at $54,000 after purchasing an additional 918 shares during the last quarter. SummerHaven Investment Management LLC raised its position in Nu Skin Enterprises by 4.7% in the 2nd quarter. SummerHaven Investment Management LLC now owns 25,778 shares of the company’s stock worth $272,000 after purchasing an additional 1,152 shares during the period. Signaturefd LLC lifted its stake in Nu Skin Enterprises by 72.6% in the second quarter. Signaturefd LLC now owns 3,797 shares of the company’s stock worth $40,000 after purchasing an additional 1,597 shares during the last quarter. Finally, Inspire Advisors LLC boosted its position in shares of Nu Skin Enterprises by 16.7% during the second quarter. Inspire Advisors LLC now owns 14,325 shares of the company’s stock valued at $151,000 after buying an additional 2,048 shares during the period. 82.84% of the stock is owned by hedge funds and other institutional investors.

Nu Skin Enterprises Stock Down 1.4 %

Shares of NYSE NUS opened at $7.06 on Friday. The stock has a 50 day moving average price of $9.39 and a 200 day moving average price of $11.42. The firm has a market capitalization of $350.65 million, a price-to-earnings ratio of -117.67 and a beta of 1.13. Nu Skin Enterprises, Inc. has a 52-week low of $6.72 and a 52-week high of $24.08. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.33 and a current ratio of 2.12.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The business had revenue of $439.10 million for the quarter, compared to the consensus estimate of $431.87 million. Nu Skin Enterprises had a positive return on equity of 7.80% and a negative net margin of 8.05%. The business’s revenue was down 12.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.54 EPS. Sell-side analysts expect that Nu Skin Enterprises, Inc. will post 0.78 earnings per share for the current year.

Nu Skin Enterprises Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 11th. Stockholders of record on Friday, August 30th were issued a $0.06 dividend. The ex-dividend date was Friday, August 30th. This represents a $0.24 annualized dividend and a dividend yield of 3.40%. Nu Skin Enterprises’s dividend payout ratio is currently -400.00%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. DA Davidson reduced their price target on Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating on the stock in a report on Monday, August 12th. StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Friday, September 6th. Finally, Citigroup decreased their target price on Nu Skin Enterprises from $14.00 to $11.50 and set a “neutral” rating for the company in a research report on Friday, August 9th. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $16.50.

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.