Range Financial Group LLC Sells 80,867 Shares of Nu Skin Enterprises, Inc. $NUS

Range Financial Group LLC lowered its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 74.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,459 shares of the company’s stock after selling 80,867 shares during the period. Range Financial Group LLC owned 0.06% of Nu Skin Enterprises worth $274,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in NUS. Wedge Capital Management L L P NC grew its position in shares of Nu Skin Enterprises by 1.1% in the fourth quarter. Wedge Capital Management L L P NC now owns 106,166 shares of the company’s stock valued at $1,021,000 after purchasing an additional 1,140 shares in the last quarter. Exchange Traded Concepts LLC lifted its holdings in Nu Skin Enterprises by 8.4% during the 4th quarter. Exchange Traded Concepts LLC now owns 24,739 shares of the company’s stock worth $238,000 after purchasing an additional 1,912 shares in the last quarter. SG Americas Securities LLC bought a new position in Nu Skin Enterprises in the 4th quarter worth about $167,000. Wealth Enhancement Advisory Services LLC boosted its stake in Nu Skin Enterprises by 13.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 22,017 shares of the company’s stock worth $226,000 after purchasing an additional 2,587 shares during the period. Finally, CWA Asset Management Group LLC purchased a new position in Nu Skin Enterprises during the 4th quarter valued at about $753,000. 82.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

NUS has been the topic of several analyst reports. Wall Street Zen cut Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nu Skin Enterprises in a research note on Thursday, January 22nd. Finally, Zacks Research lowered shares of Nu Skin Enterprises from a “hold” rating to a “strong sell” rating in a report on Monday, March 2nd. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Nu Skin Enterprises has a consensus rating of “Reduce”.

Nu Skin Enterprises Price Performance

NYSE:NUS opened at $7.29 on Wednesday. Nu Skin Enterprises, Inc. has a 52-week low of $5.32 and a 52-week high of $14.62. The stock has a fifty day moving average of $8.68 and a 200 day moving average of $9.93. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.40 and a current ratio of 2.08. The firm has a market capitalization of $350.68 million, a price-to-earnings ratio of 2.28 and a beta of 1.05.

Nu Skin Enterprises (NYSE:NUS) last announced its earnings results on Friday, February 13th. The company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). Nu Skin Enterprises had a return on equity of 8.14% and a net margin of 10.79%.The business had revenue of $370.32 million during the quarter, compared to the consensus estimate of $382.70 million. On average, research analysts expect that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current fiscal year.

Nu Skin Enterprises Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Friday, February 27th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Friday, February 27th. Nu Skin Enterprises’s dividend payout ratio is 7.50%.

Nu Skin Enterprises Company Profile

Nu Skin Enterprises, Inc is a Utah-based direct selling company that develops and distributes personal care products and dietary supplements. Operating through a network marketing model, Nu Skin offers a portfolio of wellness, anti-aging skin care, hair care and nutritional products designed to support healthy living and appearance. The company leverages independent distributors to market its offerings directly to consumers across multiple channels, including online platforms and localized events.

Founded in 1984 by Blake M.