Jane Street Group LLC Buys 723,220 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Jane Street Group LLC increased its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 358.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 924,993 shares of the company’s stock after acquiring an additional 723,220 shares during the quarter. Jane Street Group LLC’s holdings in Nu Skin Enterprises were worth $6,817,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in NUS. Pacer Advisors Inc. purchased a new stake in Nu Skin Enterprises in the 2nd quarter valued at about $25,230,000. Federated Hermes Inc. lifted its holdings in Nu Skin Enterprises by 111.8% during the second quarter. Federated Hermes Inc. now owns 1,323,542 shares of the company’s stock worth $13,950,000 after acquiring an additional 698,722 shares during the period. Bank of New York Mellon Corp lifted 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 acquiring an additional 43,935 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its position in Nu Skin Enterprises by 27.7% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 603,555 shares of the company’s stock worth $4,448,000 after purchasing an additional 130,980 shares during the last quarter. Finally, American Century Companies Inc. increased its position in shares of Nu Skin Enterprises by 21.0% during the 2nd quarter. American Century Companies Inc. now owns 565,079 shares of the company’s stock valued at $5,956,000 after purchasing an additional 98,243 shares during the last quarter. 82.84% of the stock is owned by institutional investors.

Nu Skin Enterprises Stock Down 0.4 %

Shares of NYSE NUS opened at $7.49 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.93 and a quick ratio of 1.20. The stock has a market capitalization of $372.34 million, a PE ratio of -3.62 and a beta of 1.20. Nu Skin Enterprises, Inc. has a one year low of $5.95 and a one year high of $20.75. The business’s fifty day moving average price is $6.91 and its 200-day moving average price is $8.93.

Nu Skin Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Friday, November 29th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.24 dividend on an annualized basis and a yield of 3.20%. Nu Skin Enterprises’s dividend payout ratio is presently -11.59%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Citigroup cut their price target on shares of Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. StockNews.com raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Monday, November 11th.

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.