State Street Corp Has $9.18 Million Holdings in Nu Skin Enterprises, Inc. (NYSE:NUS)

State Street Corp trimmed its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 37.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,245,677 shares of the company’s stock after selling 732,107 shares during the quarter. State Street Corp owned 2.51% of Nu Skin Enterprises worth $9,181,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of NUS. Pacer Advisors Inc. purchased a new position in Nu Skin Enterprises in the second quarter worth $25,230,000. Federated Hermes Inc. raised its stake in shares of Nu Skin Enterprises by 111.8% during the 2nd quarter. Federated Hermes Inc. now owns 1,323,542 shares of the company’s stock worth $13,950,000 after purchasing an additional 698,722 shares during the period. Millennium Management LLC boosted its holdings in shares of Nu Skin Enterprises by 100.5% in the 2nd quarter. Millennium Management LLC now owns 534,579 shares of the company’s stock worth $5,634,000 after buying an additional 267,965 shares during the last quarter. Walleye Capital LLC grew its position in Nu Skin Enterprises by 335.3% during the third quarter. Walleye Capital LLC now owns 289,236 shares of the company’s stock valued at $2,132,000 after buying an additional 222,793 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC increased its holdings in Nu Skin Enterprises by 27.7% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 603,555 shares of the company’s stock worth $4,448,000 after buying an additional 130,980 shares during the last quarter. 82.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

NUS has been the topic of several recent analyst reports. DA Davidson lowered their target price on shares of Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating on the stock in a research note on Friday, December 20th. StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. Finally, Citigroup reduced their target price on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd.

Nu Skin Enterprises Stock Performance

Nu Skin Enterprises stock opened at $6.80 on Friday. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.95 and a fifty-two week high of $20.75. The company has a market capitalization of $338.03 million, a PE ratio of -3.29 and a beta of 1.20. The company has a 50 day moving average price of $7.01 and a 200-day moving average price of $8.57. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 1.93.

Nu Skin Enterprises Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th were issued a $0.06 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.24 annualized dividend and a dividend yield of 3.53%. Nu Skin Enterprises’s dividend payout ratio is currently -11.59%.

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.