Landscape Capital Management L.L.C. Has $443,000 Stock Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

Landscape Capital Management L.L.C. cut its position in Nu Skin Enterprises, Inc. (NYSE:NUS) by 47.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 60,113 shares of the company’s stock after selling 54,521 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Nu Skin Enterprises were worth $443,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Nu Skin Enterprises by 4.4% in the 1st quarter. Vanguard Group Inc. now owns 6,489,580 shares of the company’s stock worth $89,751,000 after acquiring an additional 274,309 shares in the last quarter. Pacer Advisors Inc. acquired a new position in Nu Skin Enterprises in the second quarter worth $25,230,000. Federated Hermes Inc. grew its holdings in shares of 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 purchasing an additional 698,722 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of 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 purchasing an additional 43,935 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in shares of Nu Skin Enterprises by 21.0% in the second quarter. American Century Companies Inc. now owns 565,079 shares of the company’s stock valued at $5,956,000 after buying an additional 98,243 shares in the last quarter. 82.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on NUS shares. DA Davidson decreased their price objective on shares of Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating on the stock in a report on Monday, August 12th. StockNews.com raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Finally, Citigroup lowered their price target on shares of Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating for the company in a report on Tuesday, October 22nd.

Nu Skin Enterprises Price Performance

Shares of NUS stock opened at $7.22 on Monday. The firm has a market cap of $358.91 million, a price-to-earnings ratio of -3.49 and a beta of 1.14. Nu Skin Enterprises, Inc. has a 12 month low of $5.95 and a 12 month high of $20.75. The company has a quick ratio of 1.20, a current ratio of 1.93 and a debt-to-equity ratio of 0.53. The stock has a 50-day moving average price of $6.74 and a 200 day moving average price of $9.54.

Nu Skin Enterprises Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 3.32%. The ex-dividend date of this dividend is Friday, November 29th. Nu Skin Enterprises’s dividend payout ratio is -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.