Tudor Investment Corp ET AL Trims Stock Position in Nu Skin Enterprises, Inc. $NUS

Tudor Investment Corp ET AL lessened its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 81.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,509 shares of the company’s stock after selling 239,599 shares during the period. Tudor Investment Corp ET AL’s holdings in Nu Skin Enterprises were worth $652,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Nu Skin Enterprises by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 4,214,408 shares of the company’s stock valued at $51,374,000 after purchasing an additional 96,988 shares in the last quarter. American Century Companies Inc. boosted its stake in Nu Skin Enterprises by 21.1% during the third quarter. American Century Companies Inc. now owns 1,480,967 shares of the company’s stock valued at $18,053,000 after buying an additional 258,134 shares during the period. Goldman Sachs Group Inc. boosted its stake in Nu Skin Enterprises by 7.2% during the first quarter. Goldman Sachs Group Inc. now owns 1,319,885 shares of the company’s stock valued at $9,582,000 after buying an additional 88,088 shares during the period. Dimensional Fund Advisors LP grew its position in Nu Skin Enterprises by 18.6% during the third quarter. Dimensional Fund Advisors LP now owns 1,179,385 shares of the company’s stock worth $14,376,000 after buying an additional 184,759 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Nu Skin Enterprises by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 1,175,049 shares of the company’s stock worth $9,391,000 after acquiring an additional 21,276 shares during the last quarter. 82.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on NUS shares. Zacks Research downgraded Nu Skin Enterprises from a “hold” rating to a “strong sell” rating in a research report on Monday, March 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Nu Skin Enterprises in a research report on Thursday, January 22nd. Finally, Wall Street Zen lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Nu Skin Enterprises Price Performance

Shares of Nu Skin Enterprises stock opened at $7.29 on Wednesday. The firm has a market capitalization of $350.68 million, a PE ratio of 2.28 and a beta of 1.05. The company has a current ratio of 2.08, a quick ratio of 1.40 and a debt-to-equity ratio of 0.25. Nu Skin Enterprises, Inc. has a 12 month low of $5.32 and a 12 month high of $14.62. The business’s 50-day moving average price is $8.68 and its 200-day moving average price is $9.93.

Nu Skin Enterprises (NYSE:NUS) last issued its earnings results on Friday, February 13th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $370.32 million during the quarter, compared to analysts’ expectations of $382.70 million. Sell-side analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

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

Nu Skin Enterprises 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.