Caxton Associates LP Purchases 29,718 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Caxton Associates LP boosted its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 155.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,842 shares of the company’s stock after buying an additional 29,718 shares during the period. Caxton Associates LP owned approximately 0.10% of Nu Skin Enterprises worth $515,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Nu Skin Enterprises by 4.4% in the 1st quarter. Vanguard Group Inc. now owns 6,489,580 shares of the company’s stock worth $89,751,000 after acquiring an additional 274,309 shares during the last quarter. Pacer Advisors Inc. bought a new position in shares of Nu Skin Enterprises in the second quarter valued at approximately $25,230,000. Federated Hermes Inc. boosted its position in shares of Nu Skin Enterprises by 111.8% during the second quarter. Federated Hermes Inc. now owns 1,323,542 shares of the company’s stock valued at $13,950,000 after buying an additional 698,722 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Nu Skin Enterprises by 5.1% during the second quarter. Bank of New York Mellon Corp now owns 901,098 shares of the company’s stock worth $9,498,000 after buying an additional 43,935 shares in the last quarter. Finally, ProShare Advisors LLC raised its position in Nu Skin Enterprises by 36.5% in the 1st quarter. ProShare Advisors LLC now owns 597,614 shares of the company’s stock valued at $8,265,000 after buying an additional 159,831 shares during the last quarter. 82.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on NUS shares. DA Davidson cut their price target on shares of Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating on the stock in a report on Monday, August 12th. Citigroup reduced their target price 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. Finally, StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Friday, September 6th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, Nu Skin Enterprises currently has an average rating of “Hold” and a consensus price target of $16.50.

Nu Skin Enterprises Stock Performance

Shares of NUS stock opened at $7.07 on Friday. 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 firm has a market cap of $351.15 million, a price-to-earnings ratio of -117.83 and a beta of 1.13. Nu Skin Enterprises, Inc. has a 52 week low of $6.72 and a 52 week high of $21.99. The firm’s 50-day simple moving average is $9.10 and its two-hundred day simple moving average is $11.27.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. Nu Skin Enterprises had a positive return on equity of 7.80% and a negative net margin of 8.05%. The business had revenue of $439.10 million for the quarter, compared to the consensus estimate of $431.87 million. During the same quarter in the prior year, the business earned $0.54 earnings per share. Nu Skin Enterprises’s revenue for the quarter was down 12.2% on a year-over-year basis. As a group, equities analysts forecast that Nu Skin Enterprises, Inc. will post 0.78 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Friday, August 30th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend was Friday, August 30th. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently -400.00%.

About Nu Skin Enterprises

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.