Dimensional Fund Advisors LP Trims Stake in Nu Skin Enterprises, Inc. (NYSE:NUS)

Dimensional Fund Advisors LP lowered its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 12.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 940,747 shares of the company's stock after selling 130,164 shares during the period. Dimensional Fund Advisors LP owned approximately 1.89% of Nu Skin Enterprises worth $9,916,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NUS. CWM LLC grew its holdings in shares of Nu Skin Enterprises by 38.4% in the first quarter. CWM LLC now owns 3,286 shares of the company's stock valued at $45,000 after acquiring an additional 911 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Nu Skin Enterprises by 30.5% in the 1st quarter. Public Employees Retirement System of Ohio now owns 3,926 shares of the company's stock worth $54,000 after buying an additional 918 shares during the last quarter. SummerHaven Investment Management LLC grew its position in Nu Skin Enterprises by 4.7% during the second quarter. SummerHaven Investment Management LLC now owns 25,778 shares of the company's stock valued at $272,000 after buying an additional 1,152 shares during the period. Signaturefd LLC increased its holdings in Nu Skin Enterprises by 72.6% during the second quarter. Signaturefd LLC now owns 3,797 shares of the company's stock worth $40,000 after buying an additional 1,597 shares during the last quarter. Finally, Inspire Advisors LLC boosted its stake in Nu Skin Enterprises by 16.7% in the second quarter. Inspire Advisors LLC now owns 14,325 shares of the company's stock valued at $151,000 after acquiring an additional 2,048 shares during the last quarter. 82.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research note on Friday, September 6th. DA Davidson lowered their target price on Nu Skin Enterprises from $12.50 to $11.00 and set a "neutral" rating on the stock in a research note on Monday, August 12th. Finally, Citigroup decreased their price objective on Nu Skin Enterprises from $14.00 to $11.50 and set a "neutral" rating for the company in a report on Friday, August 9th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Nu Skin Enterprises presently has a consensus rating of "Hold" and a consensus price target of $16.50.

Nu Skin Enterprises Stock Performance

Shares of NUS opened at $6.35 on Monday. Nu Skin Enterprises, Inc. has a 52-week low of $6.24 and a 52-week high of $20.75. The stock's 50-day simple moving average is $8.69 and its 200 day simple moving average is $10.99. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.33 and a current ratio of 2.12. The stock has a market capitalization of $315.39 million, a price-to-earnings ratio of -105.83 and a beta of 1.12.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.04. The company had revenue of $439.10 million during the quarter, compared to analyst estimates of $431.87 million. Nu Skin Enterprises had a negative net margin of 8.05% and a positive return on equity of 7.80%. Nu Skin Enterprises's revenue was down 12.2% compared to the same quarter last year. During the same period last year, the business earned $0.54 earnings per share. Research analysts forecast that Nu Skin Enterprises, Inc. will post 0.78 EPS for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 11th. Shareholders of record on Friday, August 30th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend was Friday, August 30th. Nu Skin Enterprises's payout ratio is currently -400.00%.

Nu Skin Enterprises 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.