Inspire Advisors LLC Buys 10,172 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Inspire Advisors LLC lifted its holdings in Nu Skin Enterprises, Inc. (NYSE:NUS) by 49.8% during the 4th quarter, Holdings Channel reports. The fund owned 30,586 shares of the company’s stock after acquiring an additional 10,172 shares during the quarter. Inspire Advisors LLC’s holdings in Nu Skin Enterprises were worth $211,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. US Bancorp DE boosted its holdings in shares of Nu Skin Enterprises by 424.2% in the 4th quarter. US Bancorp DE now owns 7,460 shares of the company’s stock worth $51,000 after acquiring an additional 6,037 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Nu Skin Enterprises by 2,412.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company’s stock worth $57,000 after acquiring an additional 7,888 shares in the last quarter. Covestor Ltd boosted its holdings in shares of Nu Skin Enterprises by 110.9% in the 3rd quarter. Covestor Ltd now owns 10,140 shares of the company’s stock worth $75,000 after acquiring an additional 5,333 shares in the last quarter. Gladius Capital Management LP acquired a new position in shares of Nu Skin Enterprises in the 3rd quarter worth approximately $77,000. Finally, Versor Investments LP acquired a new position in shares of Nu Skin Enterprises in the 3rd quarter worth approximately $86,000. 82.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on NUS shares. DA Davidson reduced their target price on Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating on the stock in a report on Friday, December 20th. StockNews.com raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Tuesday, February 25th.

Nu Skin Enterprises Stock Down 4.8 %

NYSE:NUS opened at $7.84 on Thursday. The stock’s fifty day moving average price is $7.16 and its two-hundred day moving average price is $7.16. Nu Skin Enterprises, Inc. has a 52-week low of $5.95 and a 52-week high of $14.04. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.82. The company has a market cap of $389.58 million, a price-to-earnings ratio of -2.66 and a beta of 1.06.

Nu Skin Enterprises (NYSE:NUS) last issued its earnings results on Thursday, February 13th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.24 by $0.14. The company had revenue of $445.55 million during the quarter, compared to analysts’ expectations of $441.10 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. On average, analysts anticipate that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 3.06%. The ex-dividend date of this dividend was Monday, February 24th. Nu Skin Enterprises’s payout ratio is -8.14%.

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.