Versor Investments LP Invests $86,000 in Nu Skin Enterprises, Inc. (NYSE:NUS)

Versor Investments LP acquired a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,685 shares of the company’s stock, valued at approximately $86,000.

Other large investors also recently modified their holdings of the company. Public Employees Retirement System of Ohio raised its holdings in shares of Nu Skin Enterprises by 30.5% in the 1st quarter. Public Employees Retirement System of Ohio now owns 3,926 shares of the company’s stock valued at $54,000 after purchasing an additional 918 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Nu Skin Enterprises by 6.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 19,262 shares of the company’s stock valued at $203,000 after purchasing an additional 1,096 shares during the period. SummerHaven Investment Management LLC raised its holdings in shares of Nu Skin Enterprises by 4.7% in the 2nd quarter. SummerHaven Investment Management LLC now owns 25,778 shares of the company’s stock valued at $272,000 after purchasing an additional 1,152 shares during the period. Signaturefd LLC raised its holdings in shares of Nu Skin Enterprises by 72.6% in the 2nd quarter. Signaturefd LLC now owns 3,797 shares of the company’s stock valued at $40,000 after purchasing an additional 1,597 shares during the period. Finally, Ensign Peak Advisors Inc raised its holdings in shares of Nu Skin Enterprises by 9.0% in the 2nd quarter. Ensign Peak Advisors Inc now owns 19,976 shares of the company’s stock valued at $211,000 after purchasing an additional 1,650 shares during the period. 82.84% of the stock is currently owned by institutional investors and hedge funds.

Nu Skin Enterprises Price Performance

Shares of Nu Skin Enterprises stock opened at $7.58 on Monday. Nu Skin Enterprises, Inc. has a twelve month low of $5.95 and a twelve 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 company has a 50-day simple moving average of $6.74 and a two-hundred day simple moving average of $9.70. The stock has a market capitalization of $376.73 million, a price-to-earnings ratio of -3.66 and a beta of 1.14.

Nu Skin Enterprises Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Friday, November 29th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend is Friday, November 29th. Nu Skin Enterprises’s dividend payout ratio (DPR) is -11.59%.

Analyst Upgrades and Downgrades

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

Nu Skin Enterprises 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.