Steven Lund Sells 42,000 Shares of Nu Skin Enterprises, Inc. (NUS) Stock
Nu Skin Enterprises, Inc. (NYSE:NUS) Chairman Steven Lund sold 42,000 shares of Nu Skin Enterprises stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $68.11, for a total value of $2,860,620.00. Following the completion of the sale, the chairman now directly owns 4,769 shares in the company, valued at approximately $324,816.59. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Steven Lund also recently made the following trade(s):
- On Friday, December 22nd, Steven Lund sold 108,132 shares of Nu Skin Enterprises stock. The shares were sold at an average price of $68.81, for a total value of $7,440,562.92.
Nu Skin Enterprises, Inc. (NYSE:NUS) opened at $69.97 on Friday. The firm has a market capitalization of $3,800.00, a PE ratio of 25.63, a PEG ratio of 2.47 and a beta of 1.57. The company has a quick ratio of 1.18, a current ratio of 1.78 and a debt-to-equity ratio of 0.44. Nu Skin Enterprises, Inc. has a 1-year low of $47.10 and a 1-year high of $70.27.
Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $0.76 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.76. The company had revenue of $563.70 million during the quarter, compared to analysts’ expectations of $562.70 million. Nu Skin Enterprises had a return on equity of 22.38% and a net margin of 6.97%. Nu Skin Enterprises’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.98 EPS. sell-side analysts expect that Nu Skin Enterprises, Inc. will post 3.23 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 6th. Investors of record on Friday, November 17th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date was Thursday, November 16th. Nu Skin Enterprises’s payout ratio is currently 52.75%.
A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. grew its holdings in Nu Skin Enterprises by 1.8% during the second quarter. BlackRock Inc. now owns 6,805,093 shares of the company’s stock worth $427,632,000 after purchasing an additional 121,562 shares during the period. Vanguard Group Inc. grew its holdings in Nu Skin Enterprises by 0.8% during the second quarter. Vanguard Group Inc. now owns 6,060,437 shares of the company’s stock worth $380,838,000 after purchasing an additional 48,805 shares during the period. JPMorgan Chase & Co. grew its holdings in Nu Skin Enterprises by 5.0% during the third quarter. JPMorgan Chase & Co. now owns 1,416,305 shares of the company’s stock worth $87,443,000 after purchasing an additional 66,986 shares during the period. Dimensional Fund Advisors LP grew its holdings in Nu Skin Enterprises by 5.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,125,625 shares of the company’s stock worth $69,204,000 after purchasing an additional 57,750 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Nu Skin Enterprises by 22.1% during the second quarter. Bank of New York Mellon Corp now owns 885,257 shares of the company’s stock worth $55,628,000 after purchasing an additional 160,495 shares during the period. Institutional investors and hedge funds own 77.50% of the company’s stock.
Several equities analysts have recently weighed in on NUS shares. Zacks Investment Research cut Nu Skin Enterprises from a “hold” rating to a “sell” rating in a report on Wednesday. ValuEngine upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $62.00.
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About Nu Skin Enterprises
Nu Skin Enterprises, Inc is a direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Nu Skin brand offers a range of products, including ageLOC Me customized skin care system, ageLOC Spa systems and ageLOC Transformation anti-aging skin care system.
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