Schroder Investment Management Group Sells 1,073,499 Shares of Nu Skin Enterprises, Inc. (NUS)

Schroder Investment Management Group decreased its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 66.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 540,291 shares of the company’s stock after selling 1,073,499 shares during the quarter. Schroder Investment Management Group owned approximately 1.02% of Nu Skin Enterprises worth $33,358,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Trexquant Investment LP purchased a new stake in shares of Nu Skin Enterprises in the third quarter worth about $455,000. JPMorgan Chase & Co. boosted its stake in shares of Nu Skin Enterprises by 5.0% in the third quarter. JPMorgan Chase & Co. now owns 1,416,305 shares of the company’s stock worth $87,443,000 after buying an additional 66,986 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Nu Skin Enterprises by 9.1% in the third quarter. Legal & General Group Plc now owns 77,779 shares of the company’s stock worth $4,782,000 after buying an additional 6,493 shares during the last quarter. Eagle Boston Investment Management Inc. boosted its stake in shares of Nu Skin Enterprises by 1.3% in the third quarter. Eagle Boston Investment Management Inc. now owns 110,923 shares of the company’s stock worth $6,698,000 after buying an additional 1,464 shares during the last quarter. Finally, TD Asset Management Inc. boosted its stake in shares of Nu Skin Enterprises by 5.1% in the third quarter. TD Asset Management Inc. now owns 20,892 shares of the company’s stock worth $1,284,000 after buying an additional 1,020 shares during the last quarter. Hedge funds and other institutional investors own 77.48% of the company’s stock.

In other Nu Skin Enterprises news, Director Daniel W. Campbell sold 4,607 shares of the stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $62.48, for a total transaction of $287,845.36. Following the transaction, the director now owns 63,753 shares in the company, valued at $3,983,287.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Joseph Y. Chang sold 36,503 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $62.24, for a total value of $2,271,946.72. Following the transaction, the insider now owns 66,563 shares in the company, valued at approximately $4,142,881.12. The disclosure for this sale can be found here. Insiders have sold 73,207 shares of company stock worth $4,585,949 in the last quarter. 5.20% of the stock is currently owned by company insiders.

NUS has been the topic of a number of recent research reports. Zacks Investment Research downgraded Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. ValuEngine upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $62.00.

Shares of Nu Skin Enterprises, Inc. (NYSE NUS) traded down $1.57 during mid-day trading on Friday, reaching $66.34. The company’s stock had a trading volume of 404,665 shares, compared to its average volume of 390,547. The stock has a market capitalization of $3,492.80, a P/E ratio of 23.44, a P/E/G ratio of 2.41 and a beta of 1.57. The company has a quick ratio of 1.18, a current ratio of 1.78 and a debt-to-equity ratio of 0.44. Nu Skin Enterprises, Inc. has a 52 week low of $46.35 and a 52 week high of $68.50.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $0.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.76. The company had revenue of $563.70 million for the quarter, compared to the consensus estimate of $562.70 million. Nu Skin Enterprises had a return on equity of 22.38% and a net margin of 6.97%. Nu Skin Enterprises’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.98 earnings per share. equities research analysts anticipate that Nu Skin Enterprises, Inc. will post 3.23 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Friday, November 17th will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $1.44 dividend on an annualized basis and a yield of 2.17%. Nu Skin Enterprises’s dividend payout ratio is currently 52.75%.

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Nu Skin Enterprises 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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