Raymond James Financial Services Advisors Inc. decreased its holdings in Nu Skin Enterprises, Inc. (NYSE:NUS) by 55.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,085 shares of the company’s stock after selling 9,959 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Nu Skin Enterprises were worth $632,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the stock. Aperio Group LLC increased its holdings in Nu Skin Enterprises by 11.6% during the second quarter. Aperio Group LLC now owns 66,845 shares of the company’s stock valued at $5,227,000 after buying an additional 6,964 shares during the period. BNP Paribas Arbitrage SA increased its holdings in Nu Skin Enterprises by 140.2% during the second quarter. BNP Paribas Arbitrage SA now owns 217,844 shares of the company’s stock valued at $17,033,000 after buying an additional 127,151 shares during the period. Ramsey Quantitative Systems increased its holdings in Nu Skin Enterprises by 22.4% during the second quarter. Ramsey Quantitative Systems now owns 4,669 shares of the company’s stock valued at $365,000 after buying an additional 856 shares during the period. Acadian Asset Management LLC increased its holdings in Nu Skin Enterprises by 112.2% during the second quarter. Acadian Asset Management LLC now owns 368,804 shares of the company’s stock valued at $28,834,000 after buying an additional 194,990 shares during the period. Finally, Texas Permanent School Fund increased its holdings in Nu Skin Enterprises by 9.3% during the second quarter. Texas Permanent School Fund now owns 35,892 shares of the company’s stock valued at $2,806,000 after buying an additional 3,066 shares during the period. 76.11% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Neil H. Offen sold 7,000 shares of Nu Skin Enterprises stock in a transaction on Thursday, June 7th. The shares were sold at an average price of $81.66, for a total transaction of $571,620.00. Following the completion of the sale, the director now directly owns 11,267 shares in the company, valued at $920,063.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, General Counsel D Matthew Dorny sold 3,750 shares of Nu Skin Enterprises stock in a transaction on Friday, August 10th. The stock was sold at an average price of $81.84, for a total transaction of $306,900.00. Following the sale, the general counsel now owns 33,871 shares of the company’s stock, valued at $2,772,002.64. The disclosure for this sale can be found here. Insiders sold 48,350 shares of company stock worth $3,961,758 over the last ninety days. Corporate insiders own 5.20% of the company’s stock.

NYSE NUS opened at $79.25 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.19 and a current ratio of 1.82. Nu Skin Enterprises, Inc. has a 12-month low of $59.31 and a 12-month high of $88.68. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 23.91, a PEG ratio of 2.30 and a beta of 1.05.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings results on Thursday, August 2nd. The company reported $1.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.18. Nu Skin Enterprises had a net margin of 5.74% and a return on equity of 25.67%. The business had revenue of $704.19 million for the quarter, compared to analyst estimates of $642.16 million. During the same period in the previous year, the company earned $0.77 earnings per share. The business’s revenue for the quarter was up 28.0% on a year-over-year basis. sell-side analysts anticipate that Nu Skin Enterprises, Inc. will post 3.61 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 12th. Shareholders of record on Friday, August 31st will be issued a $0.365 dividend. This represents a $1.46 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Thursday, August 30th. Nu Skin Enterprises’s dividend payout ratio is currently 45.20%.

Several research firms have issued reports on NUS. Zacks Investment Research raised shares of Nu Skin Enterprises from a “sell” rating to a “hold” rating and set a $95.00 price target on the stock in a report on Monday, August 6th. ValuEngine lowered shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 6th. Jefferies Financial Group began coverage on shares of Nu Skin Enterprises in a report on Thursday, June 14th. They issued a “buy” rating and a $98.00 price target on the stock. Finally, Stifel Nicolaus raised shares of Nu Skin Enterprises from a “sell” rating to a “hold” rating and lifted their price target for the stock from $57.00 to $70.00 in a report on Thursday, August 2nd. They noted that the move was a valuation call. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $85.33.

Nu Skin Enterprises Profile

Nu Skin Enterprises, Inc develops and distributes anti-aging personal care products and nutritional supplements under the Nu Skin and Pharmanex category brands worldwide. It provides skin care systems and targeted treatment products, including ageLOC Me customized skin care systems, ageLOC Spa systems, and ageLOC LumiSpa skin treatment and cleansing devices; and Epoch products, as well as a range of other cosmetic, personal care, and hair care products.

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

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