Creative Planning Increases Stake in Nu Skin Enterprises, Inc. (NYSE:NUS)

Creative Planning boosted its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 43.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,226 shares of the company’s stock after acquiring an additional 12,398 shares during the quarter. Creative Planning owned 0.08% of Nu Skin Enterprises worth $304,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Exchange Traded Concepts LLC raised its position in Nu Skin Enterprises by 57.9% during the third quarter. Exchange Traded Concepts LLC now owns 42,792 shares of the company’s stock valued at $315,000 after acquiring an additional 15,683 shares in the last quarter. Inspire Investing LLC raised its position in Nu Skin Enterprises by 66.3% during the third quarter. Inspire Investing LLC now owns 60,690 shares of the company’s stock valued at $447,000 after acquiring an additional 24,188 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Nu Skin Enterprises by 6.0% during the second quarter. The Manufacturers Life Insurance Company now owns 19,262 shares of the company’s stock valued at $203,000 after acquiring an additional 1,096 shares in the last quarter. Millennium Management LLC raised its position in Nu Skin Enterprises by 100.5% during the second quarter. Millennium Management LLC now owns 534,579 shares of the company’s stock valued at $5,634,000 after acquiring an additional 267,965 shares in the last quarter. Finally, Dark Forest Capital Management LP purchased a new position in Nu Skin Enterprises during the second quarter valued at approximately $106,000. 82.84% of the stock is currently owned by hedge funds and other institutional investors.

Nu Skin Enterprises Price Performance

Shares of NUS opened at $6.54 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.12 and a quick ratio of 1.33. Nu Skin Enterprises, Inc. has a 12 month low of $5.95 and a 12 month high of $20.75. The stock’s 50 day moving average is $6.85 and its two-hundred day moving average is $9.89.

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

Nu Skin Enterprises Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date of this dividend is Friday, November 29th. Nu Skin Enterprises’s dividend payout ratio is presently -8.05%.

Analyst Upgrades and Downgrades

NUS has been the subject of several recent research reports. DA Davidson reduced their price target on Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating for the company in a research report on Monday, August 12th. StockNews.com lowered Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Wednesday, October 23rd. Finally, Citigroup dropped their price objective on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd.

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.