New York State Teachers Retirement System bought a new position in Nu Skin Enterprises, Inc. (NYSE:NUS – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund bought 4,542 shares of the company’s stock, valued at approximately $33,000.
Other large investors have also recently made changes to their positions in the company. Susquehanna International Group LLP grew its holdings in Nu Skin Enterprises by 191.9% during the 4th quarter. Susquehanna International Group LLP now owns 702,127 shares of the company’s stock valued at $4,838,000 after purchasing an additional 461,608 shares during the last quarter. Two Sigma Advisers LP grew its stake in Nu Skin Enterprises by 61.2% in the 4th quarter. Two Sigma Advisers LP now owns 944,000 shares of the company’s stock worth $6,504,000 after acquiring an additional 358,400 shares in the last quarter. D. E. Shaw & Co. Inc. grew its stake in Nu Skin Enterprises by 15.5% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company’s stock worth $15,512,000 after acquiring an additional 301,295 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Nu Skin Enterprises by 74.9% in the 4th quarter. JPMorgan Chase & Co. now owns 405,667 shares of the company’s stock worth $2,795,000 after acquiring an additional 173,710 shares in the last quarter. Finally, Two Sigma Investments LP grew its stake in Nu Skin Enterprises by 24.2% in the 4th quarter. Two Sigma Investments LP now owns 700,500 shares of the company’s stock worth $4,826,000 after acquiring an additional 136,624 shares in the last quarter. 82.84% of the stock is currently owned by institutional investors.
Nu Skin Enterprises Stock Down 0.8%
NYSE:NUS opened at $9.26 on Friday. The firm has a market capitalization of $457.54 million, a P/E ratio of -11.57 and a beta of 0.95. Nu Skin Enterprises, Inc. has a 1-year low of $5.32 and a 1-year high of $11.64. The company’s fifty day moving average price is $7.83 and its 200-day moving average price is $7.23. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.02 and a quick ratio of 1.29.
Nu Skin Enterprises Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Friday, May 30th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date was Friday, May 30th. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently -30.00%.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Monday, May 12th.
Read Our Latest Research Report on NUS
Insiders Place Their Bets
In other news, insider Steven Keith Hatchett purchased 6,500 shares of the stock in a transaction that occurred on Wednesday, May 28th. The shares were purchased at an average cost of $7.54 per share, with a total value of $49,010.00. Following the completion of the acquisition, the insider owned 162,065 shares of the company’s stock, valued at approximately $1,221,970.10. This represents a 4.18% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Edwina D. Woodbury sold 4,532 shares of the stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $8.44, for a total transaction of $38,250.08. Following the transaction, the director directly owned 42,947 shares in the company, valued at approximately $362,472.68. The trade was a 9.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.00% of the company’s stock.
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.
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