Cubist Systematic Strategies LLC Sells 43,000 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Cubist Systematic Strategies LLC decreased its position in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 592,791 shares of the company's stock after selling 43,000 shares during the period. Cubist Systematic Strategies LLC owned 1.19% of Nu Skin Enterprises worth $4,084,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in NUS. Meeder Asset Management Inc. acquired a new position in Nu Skin Enterprises in the fourth quarter valued at about $25,000. US Bancorp DE lifted its stake in Nu Skin Enterprises by 424.2% in the fourth quarter. US Bancorp DE now owns 7,460 shares of the company's stock valued at $51,000 after buying an additional 6,037 shares during the period. Signaturefd LLC lifted its stake in Nu Skin Enterprises by 536.8% in the fourth quarter. Signaturefd LLC now owns 8,087 shares of the company's stock valued at $56,000 after buying an additional 6,817 shares during the period. PNC Financial Services Group Inc. lifted its stake in Nu Skin Enterprises by 2,412.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company's stock valued at $57,000 after buying an additional 7,888 shares during the period. Finally, Bank of Montreal Can acquired a new position in Nu Skin Enterprises in the fourth quarter valued at about $80,000. Institutional investors own 82.84% of the company's stock.

Nu Skin Enterprises Stock Up 1.9%

Nu Skin Enterprises stock traded up $0.14 during midday trading on Thursday, reaching $7.46. The stock had a trading volume of 107,350 shares, compared to its average volume of 834,345. The firm's fifty day simple moving average is $6.70 and its 200-day simple moving average is $6.96. Nu Skin Enterprises, Inc. has a 1-year low of $5.32 and a 1-year high of $14.00. The stock has a market capitalization of $370.93 million, a P/E ratio of -2.53 and a beta of 0.92. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.82.

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

Nu Skin Enterprises Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend is Friday, May 30th. Nu Skin Enterprises's dividend payout ratio (DPR) is -30.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research report on Monday.

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.