Nu Skin Enterprises (NYSE:NUS) Downgraded by StockNews.com to "Hold"

StockNews.com downgraded shares of Nu Skin Enterprises (NYSE:NUS - Free Report) from a buy rating to a hold rating in a research report report published on Monday.

A number of other research analysts also recently commented on the company. Citigroup reduced their target price on Nu Skin Enterprises from $11.50 to $6.75 and set a "neutral" rating on the stock in a report on Tuesday, October 22nd. DA Davidson cut their target price on Nu Skin Enterprises from $11.00 to $7.00 and set a "neutral" rating on the stock in a research note on Friday, December 20th.

Nu Skin Enterprises Stock Performance

Shares of NYSE:NUS traded down $0.12 during trading on Monday, reaching $7.61. The company had a trading volume of 715,786 shares, compared to its average volume of 821,620. The stock's fifty day moving average price is $6.88 and its 200 day moving average price is $7.37. Nu Skin Enterprises has a fifty-two week low of $5.95 and a fifty-two week high of $14.04. The firm has a market capitalization of $378.39 million, a price-to-earnings ratio of -2.58 and a beta of 1.17. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.82 and a quick ratio of 1.17.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.14. Nu Skin Enterprises had a positive return on equity of 5.86% and a negative net margin of 8.46%. The business had revenue of $445.55 million for the quarter, compared to the consensus estimate of $441.10 million. As a group, equities research analysts predict that Nu Skin Enterprises will post 0.79 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th will be given a $0.06 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.15%. Nu Skin Enterprises's dividend payout ratio is currently -8.14%.

Hedge Funds Weigh In On Nu Skin Enterprises

A number of institutional investors have recently made changes to their positions in the business. Meeder Asset Management Inc. bought a new stake in shares of Nu Skin Enterprises in the 4th quarter valued at approximately $25,000. US Bancorp DE lifted its holdings in Nu Skin Enterprises by 424.2% during the 4th quarter. US Bancorp DE now owns 7,460 shares of the company's stock worth $51,000 after buying an additional 6,037 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Nu Skin Enterprises by 28.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company's stock valued at $55,000 after acquiring an additional 1,768 shares during the last quarter. Signaturefd LLC increased its position in shares of Nu Skin Enterprises by 536.8% in the 4th quarter. Signaturefd LLC now owns 8,087 shares of the company's stock valued at $56,000 after buying an additional 6,817 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Nu Skin Enterprises by 2,412.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company's stock valued at $57,000 after buying an additional 7,888 shares in the last quarter. 82.84% of the stock is currently owned by institutional investors.

Nu Skin Enterprises Company Profile

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.