Squarepoint Ops LLC Purchases 42,601 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Squarepoint Ops LLC lifted its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 31.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 180,151 shares of the company's stock after acquiring an additional 42,601 shares during the quarter. Squarepoint Ops LLC owned approximately 0.36% of Nu Skin Enterprises worth $1,241,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Rhumbline Advisers increased its holdings in Nu Skin Enterprises by 70.9% in the fourth quarter. Rhumbline Advisers now owns 138,477 shares of the company's stock valued at $954,000 after purchasing an additional 57,443 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Nu Skin Enterprises by 18.5% in the fourth quarter. Bank of New York Mellon Corp now owns 613,330 shares of the company's stock valued at $4,226,000 after buying an additional 95,938 shares during the period. Proficio Capital Partners LLC bought a new position in shares of Nu Skin Enterprises during the fourth quarter worth about $115,000. US Bancorp DE lifted its stake in shares of Nu Skin Enterprises by 424.2% in the fourth quarter. US Bancorp DE now owns 7,460 shares of the company's stock worth $51,000 after acquiring an additional 6,037 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in Nu Skin Enterprises in the fourth quarter valued at approximately $157,000. Institutional investors own 82.84% of the company's stock.

Insider Buying and Selling

In related news, insider Steven Keith Hatchett purchased 6,500 shares of the business's stock in a transaction that occurred on Wednesday, May 28th. The shares were bought at an average cost of $7.54 per share, with a total value of $49,010.00. Following the acquisition, the insider now owns 162,065 shares of the company's stock, valued at $1,221,970.10. This represents a 4.18% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Edwina D. Woodbury sold 4,532 shares of the stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $8.44, for a total transaction of $38,250.08. Following the transaction, the director now owns 42,947 shares of the company's stock, valued at approximately $362,472.68. The trade was a 9.55% decrease in their position. The disclosure for this sale can be found here. 2.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Nu Skin Enterprises from a "hold" rating to a "buy" rating in a report on Monday, May 12th.

Nu Skin Enterprises Trading Down 1.6%

Nu Skin Enterprises stock traded down $0.13 during trading hours on Wednesday, reaching $7.88. 551,326 shares of the company's stock were exchanged, compared to its average volume of 835,033. Nu Skin Enterprises, Inc. has a twelve month low of $5.32 and a twelve month high of $13.70. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56. The firm's 50 day simple moving average is $6.66 and its 200 day simple moving average is $7.06. The firm has a market capitalization of $389.37 million, a PE ratio of -2.67 and a beta of 0.92.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.08. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. The company had revenue of $364.49 million during the quarter, compared to analyst estimates of $352.06 million. Research analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Friday, May 30th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date is Friday, May 30th. Nu Skin Enterprises's payout ratio is -30.00%.

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.