Inspire Investing LLC Grows Stock Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

Inspire Investing LLC grew its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 7.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 65,418 shares of the company’s stock after purchasing an additional 4,728 shares during the quarter. Inspire Investing LLC’s holdings in Nu Skin Enterprises were worth $451,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Ballentine Partners LLC increased its position in shares of Nu Skin Enterprises by 15.5% during the 4th quarter. Ballentine Partners LLC now owns 20,856 shares of the company’s stock valued at $144,000 after purchasing an additional 2,800 shares during the last quarter. Range Financial Group LLC bought a new position in shares of Nu Skin Enterprises during the 4th quarter valued at approximately $117,000. JPMorgan Chase & Co. grew its stake in shares of Nu Skin Enterprises by 175.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 231,957 shares of the company’s stock valued at $1,710,000 after acquiring an additional 147,784 shares during the period. Virtu Financial LLC bought a new position in shares of Nu Skin Enterprises during the 3rd quarter valued at approximately $93,000. Finally, Barclays PLC grew its stake in shares of Nu Skin Enterprises by 363.8% during the 3rd quarter. Barclays PLC now owns 85,437 shares of the company’s stock valued at $629,000 after acquiring an additional 67,016 shares during the period. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Trading Down 3.4 %

NUS stock opened at $6.90 on Friday. Nu Skin Enterprises, Inc. has a 1-year low of $5.95 and a 1-year high of $19.30. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.93 and a quick ratio of 1.20. The company has a market capitalization of $342.80 million, a price-to-earnings ratio of -3.33 and a beta of 1.19. The business has a 50 day simple moving average of $7.16 and a two-hundred day simple moving average of $7.86.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate 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 the consensus estimate of $444.10 million. During the same quarter in the previous year, the company earned $0.56 earnings per share. Research analysts anticipate that Nu Skin Enterprises, Inc. will post 0.68 EPS for the current fiscal year.

Nu Skin Enterprises Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NUS. DA Davidson cut their price objective on Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating for the company in a research note on Friday, December 20th. Citigroup cut their price objective on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd. Finally, StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Monday, November 11th.

About Nu Skin Enterprises

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.