PDT Partners LLC Buys 41,264 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

PDT Partners LLC increased its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 312.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 54,491 shares of the company’s stock after acquiring an additional 41,264 shares during the quarter. PDT Partners LLC’s holdings in Nu Skin Enterprises were worth $402,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of NUS. Price T Rowe Associates Inc. MD increased its position in Nu Skin Enterprises by 16.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 45,156 shares of the company’s stock worth $625,000 after acquiring an additional 6,502 shares during the period. Public Employees Retirement System of Ohio increased its holdings in 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 buying an additional 918 shares during the period. GAMMA Investing LLC increased its holdings in Nu Skin Enterprises by 167.4% in the 2nd quarter. GAMMA Investing LLC now owns 5,734 shares of the company’s stock valued at $60,000 after buying an additional 3,590 shares during the period. SummerHaven Investment Management LLC increased its holdings in 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 buying an additional 1,152 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in Nu Skin Enterprises by 5.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 901,098 shares of the company’s stock valued at $9,498,000 after buying an additional 43,935 shares during the period. Institutional investors own 82.84% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on NUS. DA Davidson lowered their price target 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 report 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 on the stock in a report on Tuesday, October 22nd.

Nu Skin Enterprises Trading Down 1.7 %

Shares of Nu Skin Enterprises stock opened at $7.50 on Wednesday. The stock has a market capitalization of $372.83 million, a P/E ratio of -3.62 and a beta of 1.20. 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 $6.79 and a 200 day simple moving average of $9.22. Nu Skin Enterprises, Inc. has a 12-month low of $5.95 and a 12-month high of $20.75.

Nu Skin Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Investors of record on Friday, November 29th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date of this dividend is Friday, November 29th. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently -11.59%.

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.