Martingale Asset Management L P Purchases Shares of 34,000 Nu Skin Enterprises, Inc. (NYSE:NUS)

Martingale Asset Management L P bought a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 34,000 shares of the company’s stock, valued at approximately $251,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Signaturefd LLC boosted its stake in shares of Nu Skin Enterprises by 72.6% during the 2nd quarter. Signaturefd LLC now owns 3,797 shares of the company’s stock worth $40,000 after acquiring an additional 1,597 shares during the period. Canada Pension Plan Investment Board bought a new position in shares of Nu Skin Enterprises during the 2nd quarter worth approximately $47,000. Public Employees Retirement System of Ohio boosted its stake in shares of Nu Skin Enterprises by 30.5% during the 1st quarter. Public Employees Retirement System of Ohio now owns 3,926 shares of the company’s stock worth $54,000 after acquiring an additional 918 shares during the period. GAMMA Investing LLC lifted its holdings in Nu Skin Enterprises by 167.4% during the 2nd quarter. GAMMA Investing LLC now owns 5,734 shares of the company’s stock worth $60,000 after purchasing an additional 3,590 shares during the last quarter. Finally, Headlands Technologies LLC lifted its holdings in Nu Skin Enterprises by 1,428.0% during the 2nd quarter. Headlands Technologies LLC now owns 6,937 shares of the company’s stock worth $73,000 after purchasing an additional 6,483 shares during the last quarter. 82.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on the company. DA Davidson dropped their price target on Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating for the company in a report on Monday, August 12th. Citigroup dropped their price target on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Finally, StockNews.com raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Monday, November 11th.

Nu Skin Enterprises Price Performance

Shares of NYSE NUS opened at $7.79 on Thursday. The stock has a market capitalization of $387.24 million, a PE ratio of -3.76 and a beta of 1.20. 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 business has a fifty day moving average price of $6.81 and a two-hundred day moving average price of $9.21. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.95 and a fifty-two week high of $20.75.

Nu Skin Enterprises Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Friday, November 29th will be issued a $0.06 dividend. The ex-dividend date is Friday, November 29th. This represents a $0.24 annualized dividend and a yield of 3.08%. Nu Skin Enterprises’s dividend payout ratio is presently -11.59%.

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.