Two Sigma Advisers LP Acquires 358,400 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Two Sigma Advisers LP increased its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 61.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 944,000 shares of the company's stock after buying an additional 358,400 shares during the period. Two Sigma Advisers LP owned 1.90% of Nu Skin Enterprises worth $6,504,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of NUS. Meeder Asset Management Inc. bought a new stake in Nu Skin Enterprises during the 4th quarter worth about $25,000. US Bancorp DE increased its holdings in Nu Skin Enterprises by 424.2% during the 4th quarter. US Bancorp DE now owns 7,460 shares of the company's stock worth $51,000 after purchasing an additional 6,037 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Nu Skin Enterprises by 536.8% during the fourth quarter. Signaturefd LLC now owns 8,087 shares of the company's stock worth $56,000 after buying an additional 6,817 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Nu Skin Enterprises by 2,412.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company's stock worth $57,000 after acquiring an additional 7,888 shares in the last quarter. Finally, Bank of Montreal Can bought a new position in shares of Nu Skin Enterprises during the 4th quarter worth approximately $80,000. 82.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Nu Skin Enterprises

In other news, insider Steven Keith Hatchett purchased 6,500 shares of Nu Skin Enterprises stock in a transaction that occurred on Wednesday, May 28th. The stock was bought at an average price of $7.54 per share, with a total value of $49,010.00. Following the completion of the transaction, the insider now directly owns 162,065 shares of the company's stock, valued at approximately $1,221,970.10. The trade was a 4.18% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

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

Nu Skin Enterprises Stock Performance

NUS traded up $0.62 during trading on Thursday, hitting $8.03. 265,248 shares of the company traded hands, compared to its average volume of 831,197. Nu Skin Enterprises, Inc. has a one year low of $5.32 and a one year high of $13.90. The stock's fifty day moving average is $6.56 and its 200 day moving average is $7.03. The firm has a market cap of $396.79 million, a P/E ratio of -2.72 and a beta of 0.92. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last announced 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 positive return on equity of 5.86% and a negative net margin of 8.46%. The business had revenue of $364.49 million during the quarter, compared to analyst estimates of $352.06 million. As a group, equities analysts predict that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th will be issued a $0.06 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.24 dividend on an annualized basis and a yield of 2.99%. Nu Skin Enterprises's dividend payout ratio (DPR) is -30.00%.

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.