Edwina D. Woodbury Sells 4,532 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) Stock

Nu Skin Enterprises, Inc. (NYSE:NUS) Director Edwina D. Woodbury sold 4,532 shares of the stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $8.44, for a total transaction of $38,250.08. Following the completion of the transaction, the director now directly owns 42,947 shares of the company’s stock, valued at approximately $362,472.68. The trade was a 9.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Nu Skin Enterprises Stock Down 1.6%

Shares of NYSE:NUS opened at $7.88 on Thursday. The company has a current ratio of 1.82, a quick ratio of 1.17 and a debt-to-equity ratio of 0.56. Nu Skin Enterprises, Inc. has a 12 month low of $5.32 and a 12 month high of $13.70. The company has a 50-day moving average price of $6.66 and a 200 day moving average price of $7.06. The company has a market cap of $389.37 million, a price-to-earnings ratio of -2.67 and a beta of 0.92.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. The company had revenue of $364.49 million for the quarter, compared to analyst estimates of $352.06 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. As a group, equities research analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Friday, May 30th will be issued a $0.06 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.24 annualized dividend and a dividend yield of 3.05%. Nu Skin Enterprises’s payout ratio is -30.00%.

Institutional Investors Weigh In On Nu Skin Enterprises

Hedge funds and other institutional investors have recently modified their holdings of the business. Meeder Asset Management Inc. purchased a new stake in shares of Nu Skin Enterprises in the fourth quarter worth approximately $25,000. GAMMA Investing LLC raised its holdings in shares of Nu Skin Enterprises by 102.0% in the first quarter. GAMMA Investing LLC now owns 3,498 shares of the company’s stock worth $25,000 after buying an additional 1,766 shares during the period. New York State Teachers Retirement System purchased a new stake in shares of Nu Skin Enterprises in the first quarter worth approximately $33,000. US Bancorp DE raised its holdings in shares of Nu Skin Enterprises by 424.2% in the fourth quarter. US Bancorp DE now owns 7,460 shares of the company’s stock worth $51,000 after buying an additional 6,037 shares during the period. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of Nu Skin Enterprises by 28.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company’s stock worth $55,000 after buying an additional 1,768 shares during the period. 82.84% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Monday, May 12th.

About Nu Skin Enterprises

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.