7,220 Shares in Nu Skin Enterprises, Inc. (NYSE:NUS) Acquired by Teza Capital Management LLC

Posted by Defense World Staff on Mar 14th, 2023

Teza Capital Management LLC acquired a new stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS – Get Rating) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,220 shares of the company’s stock, valued at approximately $241,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Eagle Bay Advisors LLC raised its position in Nu Skin Enterprises by 37.1% during the second quarter. Eagle Bay Advisors LLC now owns 809 shares of the company’s stock valued at $35,000 after acquiring an additional 219 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in Nu Skin Enterprises by 1.5% during the second quarter. Price T Rowe Associates Inc. MD now owns 20,205 shares of the company’s stock valued at $875,000 after acquiring an additional 292 shares in the last quarter. NorthCrest Asset Manangement LLC raised its position in Nu Skin Enterprises by 3.5% during the third quarter. NorthCrest Asset Manangement LLC now owns 8,900 shares of the company’s stock valued at $297,000 after acquiring an additional 300 shares in the last quarter. Captrust Financial Advisors raised its position in Nu Skin Enterprises by 12.7% during the second quarter. Captrust Financial Advisors now owns 3,657 shares of the company’s stock valued at $158,000 after acquiring an additional 413 shares in the last quarter. Finally, Aurora Investment Counsel raised its position in Nu Skin Enterprises by 1.7% during the second quarter. Aurora Investment Counsel now owns 25,709 shares of the company’s stock valued at $1,113,000 after acquiring an additional 435 shares in the last quarter. Institutional investors own 93.67% of the company’s stock.

Nu Skin Enterprises Stock Up 0.8 %

Shares of NYSE:NUS opened at $39.54 on Tuesday. Nu Skin Enterprises, Inc. has a 52 week low of $29.95 and a 52 week high of $51.79. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.15 and a current ratio of 2.12. The company’s fifty day moving average is $42.29 and its 200-day moving average is $39.85. The company has a market capitalization of $1.96 billion, a PE ratio of 19.10 and a beta of 1.19.

Nu Skin Enterprises (NYSE:NUS – Get Rating) last issued its earnings results on Wednesday, February 15th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.53 by $0.36. Nu Skin Enterprises had a net margin of 4.71% and a return on equity of 16.20%. The company had revenue of $522.34 million for the quarter, compared to the consensus estimate of $542.32 million. During the same quarter in the previous year, the company earned $1.11 EPS. The firm’s revenue for the quarter was down 22.4% compared to the same quarter last year. Equities research analysts predict that Nu Skin Enterprises, Inc. will post 2.57 earnings per share for the current fiscal year.

Nu Skin Enterprises Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 8th. Stockholders of record on Monday, February 27th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.95%. The ex-dividend date was Friday, February 24th. This is an increase from Nu Skin Enterprises’s previous quarterly dividend of $0.39. Nu Skin Enterprises’s payout ratio is currently 75.36%.

Insider Activity

In related news, Director Andrew D. Lipman sold 1,000 shares of Nu Skin Enterprises stock in a transaction dated Thursday, December 22nd. The stock was sold at an average price of $40.75, for a total value of $40,750.00. Following the completion of the transaction, the director now directly owns 66,393 shares of the company’s stock, valued at $2,705,514.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Nu Skin Enterprises news, Director Emma S. Battle sold 987 shares of the business’s stock in a transaction dated Wednesday, February 22nd. The stock was sold at an average price of $41.70, for a total transaction of $41,157.90. Following the completion of the sale, the director now directly owns 4,659 shares of the company’s stock, valued at approximately $194,280.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrew D. Lipman sold 1,000 shares of the business’s stock in a transaction dated Thursday, December 22nd. The stock was sold at an average price of $40.75, for a total value of $40,750.00. Following the sale, the director now directly owns 66,393 shares of the company’s stock, valued at $2,705,514.75. The disclosure for this sale can be found here. In the last quarter, insiders have sold 88,115 shares of company stock worth $3,572,177. Corporate insiders own 2.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on NUS. DA Davidson dropped their price target on shares of Nu Skin Enterprises from $40.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, February 16th. StockNews.com lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Friday, February 17th. TheStreet raised shares of Nu Skin Enterprises from a “c” rating to a “b-” rating in a research report on Wednesday, February 15th. Citigroup boosted their target price on shares of Nu Skin Enterprises from $35.00 to $41.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 1st. Finally, Jefferies Financial Group downgraded shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating and decreased their price target for the stock from $43.00 to $39.00 in a research note on Monday, January 30th. Four analysts have rated the stock with a hold rating, According to data from MarketBeat, Nu Skin Enterprises presently has a consensus rating of “Hold” and an average price target of $39.33.

Nu Skin Enterprises Company Profile

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Nu Skin Enterprises, Inc is a holding company, which engages in the development and distribution of beauty and wellness solutions. It operates through the following segments: Mainland China, Americas, South Korea, Southeast Asia/Pacific, EMEA, Japan, Hong Kong/Taiwan, Nu Skin Other, Manufacturing, and Rhyz Other.