Strategic Global Advisors LLC decreased its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 33.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,069 shares of the company’s stock after selling 2,550 shares during the period. Strategic Global Advisors LLC’s holdings in Nu Skin Enterprises were worth $319,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of NUS. BlackRock Inc. grew its position in shares of Nu Skin Enterprises by 21,593.4% during the 1st quarter. BlackRock Inc. now owns 6,683,531 shares of the company’s stock valued at $371,201,000 after acquiring an additional 6,652,722 shares during the period. Schroder Investment Management Group grew its position in shares of Nu Skin Enterprises by 139.4% during the 1st quarter. Schroder Investment Management Group now owns 1,711,619 shares of the company’s stock valued at $94,687,000 after acquiring an additional 996,731 shares during the period. Vanguard Group Inc. grew its position in shares of Nu Skin Enterprises by 11.8% during the 1st quarter. Vanguard Group Inc. now owns 6,011,632 shares of the company’s stock valued at $333,887,000 after acquiring an additional 634,951 shares during the period. State Street Corp grew its position in shares of Nu Skin Enterprises by 76.7% during the 1st quarter. State Street Corp now owns 1,416,873 shares of the company’s stock valued at $78,695,000 after acquiring an additional 614,817 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Nu Skin Enterprises by 91.5% during the 1st quarter. Bank of New York Mellon Corp now owns 724,762 shares of the company’s stock valued at $40,253,000 after acquiring an additional 346,236 shares during the period. 79.25% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have recently issued reports on NUS. Deutsche Bank AG boosted their price objective on shares of Nu Skin Enterprises from $63.00 to $66.00 and gave the company a “buy” rating in a research report on Wednesday, June 21st. Zacks Investment Research downgraded shares of Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research report on Saturday, June 24th. TheStreet raised shares of Nu Skin Enterprises from a “c+” rating to a “b” rating in a research report on Wednesday, August 2nd. Stifel Nicolaus set a $50.00 price objective on shares of Nu Skin Enterprises and gave the company a “sell” rating in a research report on Thursday, August 3rd. Finally, BidaskClub downgraded shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $62.88.

In other Nu Skin Enterprises news, General Counsel D Matthew Dorny sold 7,500 shares of Nu Skin Enterprises stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $60.88, for a total value of $456,600.00. Following the completion of the transaction, the general counsel now owns 52,230 shares of the company’s stock, valued at $3,179,762.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Ryan S. Napierski sold 8,000 shares of Nu Skin Enterprises stock in a transaction on Tuesday, July 25th. The shares were sold at an average price of $65.00, for a total transaction of $520,000.00. Following the completion of the transaction, the president now directly owns 68,170 shares of the company’s stock, valued at approximately $4,431,050. The disclosure for this sale can be found here. Insiders sold 28,357 shares of company stock valued at $1,783,535 in the last ninety days. 5.20% of the stock is owned by corporate insiders.

Shares of Nu Skin Enterprises, Inc. (NUS) traded up 0.52% on Monday, reaching $62.33. 8,705 shares of the company traded hands. The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of 20.85 and a beta of 1.37. The company has a 50-day moving average of $60.37 and a 200-day moving average of $57.81. Nu Skin Enterprises, Inc. has a 1-year low of $46.35 and a 1-year high of $66.04.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings data on Wednesday, August 2nd. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.08. Nu Skin Enterprises had a net margin of 7.53% and a return on equity of 24.14%. The company had revenue of $550.10 million during the quarter, compared to analysts’ expectations of $548.09 million. During the same quarter in the previous year, the company earned $0.79 earnings per share. The firm’s revenue for the quarter was down 8.4% on a year-over-year basis. Analysts anticipate that Nu Skin Enterprises, Inc. will post $3.23 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 13th. Shareholders of record on Friday, August 25th were issued a $0.36 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $1.44 dividend on an annualized basis and a yield of 2.32%. Nu Skin Enterprises’s payout ratio is 48.81%.

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Nu Skin Enterprises Company Profile

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.

Institutional Ownership by Quarter for Nu Skin Enterprises (NYSE:NUS)

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