Squarepoint Ops LLC Purchases 42,601 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Squarepoint Ops LLC boosted its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 31.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 180,151 shares of the company’s stock after purchasing an additional 42,601 shares during the period. Squarepoint Ops LLC owned about 0.36% of Nu Skin Enterprises worth $1,241,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its holdings in Nu Skin Enterprises by 6.5% during the 4th quarter. Franklin Resources Inc. now owns 34,307 shares of the company’s stock valued at $236,000 after purchasing an additional 2,091 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Nu Skin Enterprises by 5.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 53,711 shares of the company’s stock valued at $371,000 after purchasing an additional 2,702 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Nu Skin Enterprises by 29.5% during the 4th quarter. Russell Investments Group Ltd. now owns 12,146 shares of the company’s stock valued at $83,000 after purchasing an additional 2,768 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Nu Skin Enterprises during the 4th quarter valued at about $25,000. Finally, Teza Capital Management LLC grew its holdings in Nu Skin Enterprises by 12.6% during the 4th quarter. Teza Capital Management LLC now owns 34,411 shares of the company’s stock valued at $237,000 after purchasing an additional 3,854 shares during the last quarter. 82.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Nu Skin Enterprises

In other Nu Skin Enterprises news, insider Steven Keith Hatchett purchased 6,500 shares of the stock in a transaction dated Wednesday, May 28th. The stock was purchased at an average price of $7.54 per share, with a total value of $49,010.00. Following the transaction, the insider now owns 162,065 shares of the company’s stock, valued at approximately $1,221,970.10. This trade represents a 4.18% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Monday, May 12th.

Nu Skin Enterprises Price Performance

Nu Skin Enterprises stock opened at $8.63 on Friday. The stock has a market cap of $426.43 million, a price-to-earnings ratio of -2.93 and a beta of 0.92. 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, Inc. has a 1 year low of $5.32 and a 1 year high of $13.90. The firm has a 50-day moving average of $6.58 and a two-hundred day moving average of $7.04.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. The company had revenue of $364.49 million during the quarter, compared to analysts’ expectations of $352.06 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. On average, research analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.24 annualized dividend and a yield of 2.78%. Nu Skin Enterprises’s dividend payout ratio (DPR) is -30.00%.

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.