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Cosmetics Skin Care

Comerica Bank Acquires 311 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

… their holdings of the business. Charles Schwab Investment … owned by company insiders.
Nu Skin Enterprises Trading … distributes beauty and wellness products worldwide. It provides skin care systems … range of other cosmetic and personal care products.
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Comerica Bank increased its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUSGet Rating) by 1.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 23,484 shares of the company’s stock after acquiring an additional 311 shares during the period. Comerica Bank’s holdings in Nu Skin Enterprises were worth $1,150,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. lifted its stake in shares of Nu Skin Enterprises by 1.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 921,772 shares of the company’s stock worth $46,780,000 after acquiring an additional 9,127 shares during the last quarter. ProShare Advisors LLC lifted its stake in shares of Nu Skin Enterprises by 30.8% during the 4th quarter. ProShare Advisors LLC now owns 736,731 shares of the company’s stock worth $37,389,000 after acquiring an additional 173,643 shares during the last quarter. Millennium Management LLC increased its holdings in Nu Skin Enterprises by 1,050.2% during the 4th quarter. Millennium Management LLC now owns 703,938 shares of the company’s stock worth $35,725,000 after purchasing an additional 642,738 shares during the period. Cooper Creek Partners Management LLC purchased a new position in Nu Skin Enterprises during the 4th quarter worth $23,609,000. Finally, JPMorgan Chase & Co. increased its holdings in Nu Skin Enterprises by 62.9% during the 4th quarter. JPMorgan Chase & Co. now owns 295,510 shares of the company’s stock worth $14,997,000 after purchasing an additional 114,061 shares during the period. 93.79% of the stock is owned by institutional investors.

Insider Activity

In related news, Chairman Steven Lund sold 21,200 shares of the business’s stock in a transaction on Monday, May 16th. The stock was sold at an average price of $45.25, for a total transaction of $959,300.00. Following the transaction, the chairman now directly owns 180,374 shares in the company, valued at approximately $8,161,923.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, CEO Ryan S. Napierski sold 25,000 shares of the business’s stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $44.91, for a total transaction of $1,122,750.00. Following the transaction, the chief executive officer now directly owns 122,683 shares in the company, valued at approximately $5,509,693.53. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman Steven Lund sold 21,200 shares of the business’s stock in a transaction on Monday, May 16th. The stock was sold at an average price of $45.25, for a total value of $959,300.00. Following the transaction, the chairman now owns 180,374 shares in the company, valued at $8,161,923.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 148,143 shares of company stock worth $6,647,717. 2.80% of the stock is currently owned by company insiders.

Nu Skin Enterprises Trading Up 1.9 %

Shares of NYSE:NUS opened at $43.36 on Thursday. Nu Skin Enterprises, Inc. has a 12-month low of $39.40 and a 12-month high of $56.76. The business’s fifty day simple moving average is $44.34 and its 200-day simple moving average is $46.97. The company has a market capitalization of $2.18 billion, a PE ratio of 16.06 and a beta of 1.21. The company has a current ratio of 1.72, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28.

Nu Skin Enterprises (NYSE:NUSGet Rating) last announced its quarterly earnings results on Wednesday, May 4th. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.03. Nu Skin Enterprises had a return on equity of 22.05% and a net margin of 5.28%. The business had revenue of $604.90 million for the quarter, compared to the consensus estimate of $579.70 million. During the same period last year, the business posted $0.91 EPS. The business’s revenue was down 10.7% compared to the same quarter last year. As a group, equities research analysts predict that Nu Skin Enterprises, Inc. will post 3.57 earnings per share for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 8th. Stockholders of record on Friday, May 27th were issued a $0.385 dividend. The ex-dividend date was Thursday, May 26th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 3.55%. Nu Skin Enterprises’s dividend payout ratio is presently 57.04%.

Analyst Upgrades and Downgrades

NUS has been the topic of several research reports. StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Wednesday, June 22nd. TheStreet upgraded Nu Skin Enterprises from a “c+” rating to a “b” rating in a report on Tuesday, June 7th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Nu Skin Enterprises currently has a consensus rating of “Moderate Buy” and an average target price of $61.50.

About Nu Skin Enterprises

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Nu Skin Enterprises, Inc develops and distributes beauty and wellness products worldwide. It provides skin care systems, including ageLOC Spa systems, ageLOC Transformation anti-aging skin care systems, and ageLOC LumiSpa skin treatment and cleansing devices; and ageLOC Boost, as well as a range of other cosmetic and personal care products.

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

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