Inspire Investing LLC Acquires 4,728 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Inspire Investing LLC grew its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 7.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,418 shares of the company’s stock after buying an additional 4,728 shares during the period. Inspire Investing LLC owned 0.13% of Nu Skin Enterprises worth $451,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of NUS. Canada Pension Plan Investment Board bought a new stake in shares of Nu Skin Enterprises during the 2nd quarter valued at $47,000. Covestor Ltd boosted its holdings in shares of Nu Skin Enterprises by 110.9% during the 3rd quarter. Covestor Ltd now owns 10,140 shares of the company’s stock valued at $75,000 after buying an additional 5,333 shares in the last quarter. Gladius Capital Management LP bought a new stake in shares of Nu Skin Enterprises during the 3rd quarter valued at $77,000. Versor Investments LP purchased a new position in shares of Nu Skin Enterprises in the 3rd quarter worth about $86,000. Finally, Virtu Financial LLC purchased a new position in shares of Nu Skin Enterprises in the 3rd quarter worth about $93,000. Institutional investors own 82.84% of the company’s stock.

Analysts Set New Price Targets

NUS has been the subject of several recent analyst reports. DA Davidson lowered their price target on Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating for the company in a research report on Friday, December 20th. StockNews.com raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. Finally, Citigroup lowered their price target on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd.

Nu Skin Enterprises Price Performance

Shares of NYSE:NUS opened at $6.90 on Friday. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.95 and a fifty-two week high of $19.30. The business has a 50-day simple moving average of $7.16 and a two-hundred day simple moving average of $7.86. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 1.93. The firm has a market cap of $342.80 million, a price-to-earnings ratio of -3.33 and a beta of 1.19.

Nu Skin Enterprises (NYSE:NUS) last issued its earnings results on Thursday, November 7th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.03). Nu Skin Enterprises had a positive return on equity of 5.47% and a negative net margin of 5.81%. The business had revenue of $430.15 million during the quarter, compared to analysts’ expectations of $444.10 million. During the same period last year, the firm posted $0.56 EPS. On average, analysts expect that Nu Skin Enterprises, Inc. will post 0.68 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Friday, November 29th were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date was Friday, November 29th. Nu Skin Enterprises’s dividend payout ratio (DPR) is -11.59%.

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.