Nu Skin Enterprises, Inc. (NYSE:NUS) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC raised its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 1.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,130,487 shares of the company’s stock after purchasing an additional 11,838 shares during the period. Geode Capital Management LLC owned 2.27% of Nu Skin Enterprises worth $8,333,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Weiss Asset Management LP acquired a new position in shares of Nu Skin Enterprises during the third quarter valued at $2,727,000. Centiva Capital LP acquired a new position in Nu Skin Enterprises during the 3rd quarter valued at about $508,000. AXA S.A. bought a new stake in shares of Nu Skin Enterprises during the 2nd quarter worth about $1,061,000. Verition Fund Management LLC acquired a new stake in shares of Nu Skin Enterprises in the 3rd quarter worth approximately $581,000. Finally, Federated Hermes Inc. lifted its stake in shares of Nu Skin Enterprises by 111.8% in the 2nd 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. Institutional investors own 82.84% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on NUS shares. Citigroup dropped their target price on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. DA Davidson lowered their price target on Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating on the stock in a research report on Friday, December 20th. Finally, StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Monday, November 11th.

Nu Skin Enterprises Stock Performance

Shares of NUS opened at $6.56 on Friday. Nu Skin Enterprises, Inc. has a 12-month low of $5.95 and a 12-month high of $20.31. The stock has a market capitalization of $326.10 million, a P/E ratio of -3.17 and a beta of 1.20. The firm’s 50 day moving average is $7.07 and its 200-day moving average is $8.34. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.93 and a quick ratio of 1.20.

Nu Skin Enterprises Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders 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 3.66%. 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.