Wedge Capital Management L L P NC acquired a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 105,026 shares of the company’s stock, valued at approximately $1,280,000. Wedge Capital Management L L P NC owned 0.21% of Nu Skin Enterprises as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of NUS. Vanguard Group Inc. raised its position in shares of Nu Skin Enterprises by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 4,133,109 shares of the company’s stock valued at $30,006,000 after buying an additional 193,038 shares in the last quarter. Prescott Group Capital Management L.L.C. increased its stake in Nu Skin Enterprises by 24.4% in the second quarter. Prescott Group Capital Management L.L.C. now owns 1,734,608 shares of the company’s stock valued at $13,860,000 after acquiring an additional 340,000 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Nu Skin Enterprises by 7.2% in the first quarter. Goldman Sachs Group Inc. now owns 1,319,885 shares of the company’s stock valued at $9,582,000 after acquiring an additional 88,088 shares during the last quarter. American Century Companies Inc. raised its position in Nu Skin Enterprises by 28.9% during the second quarter. American Century Companies Inc. now owns 1,222,833 shares of the company’s stock valued at $9,770,000 after purchasing an additional 274,123 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Nu Skin Enterprises by 1.8% during the second quarter. Geode Capital Management LLC now owns 1,175,049 shares of the company’s stock worth $9,391,000 after purchasing an additional 21,276 shares during the last quarter. 82.84% of the stock is currently owned by institutional investors and hedge funds.
Nu Skin Enterprises Stock Performance
NYSE NUS opened at $10.02 on Wednesday. The firm’s fifty day moving average price is $10.25 and its two-hundred day moving average price is $10.16. The stock has a market cap of $488.23 million, a PE ratio of 4.59 and a beta of 1.00. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 2.15. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.32 and a fifty-two week high of $14.62.
Nu Skin Enterprises Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 28th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Friday, November 28th. Nu Skin Enterprises’s payout ratio is 11.01%.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on NUS. Wall Street Zen downgraded Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 15th. Weiss Ratings restated a “hold (c)” rating on shares of Nu Skin Enterprises in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.
Read Our Latest Research Report on NUS
About Nu Skin Enterprises
Nu Skin Enterprises, Inc is a Utah-based direct selling company that develops and distributes personal care products and dietary supplements. Operating through a network marketing model, Nu Skin offers a portfolio of wellness, anti-aging skin care, hair care and nutritional products designed to support healthy living and appearance. The company leverages independent distributors to market its offerings directly to consumers across multiple channels, including online platforms and localized events.
Founded in 1984 by Blake M.
Recommended Stories
- Five stocks we like better than Nu Skin Enterprises
- The gift that keeps giving (just $1 today)
- The Best $1 You’ll Spend This Holiday Season
- Trump Did WHAT??
- The boring AI play that could pay up to $4,290 monthly
- Trump’s “real estate deal for America” explained
Receive News & Ratings for Nu Skin Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nu Skin Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.
