Jacobs Levy Equity Management Inc. Cuts Stake in Nu Skin Enterprises, Inc. (NYSE:NUS)

Jacobs Levy Equity Management Inc. decreased its holdings in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 83.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,718 shares of the company's stock after selling 263,870 shares during the quarter. Jacobs Levy Equity Management Inc. owned about 0.11% of Nu Skin Enterprises worth $396,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NUS. Signaturefd LLC lifted its stake 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 worth $40,000 after acquiring an additional 1,597 shares during the period. Canada Pension Plan Investment Board purchased a new stake in Nu Skin Enterprises in the 2nd quarter valued at approximately $47,000. Headlands Technologies LLC increased its position in Nu Skin Enterprises by 1,428.0% during the 2nd quarter. Headlands Technologies LLC now owns 6,937 shares of the company's stock worth $73,000 after purchasing an additional 6,483 shares during the period. nVerses Capital LLC acquired a new stake in shares of Nu Skin Enterprises in the 2nd quarter valued at approximately $75,000. Finally, Dark Forest Capital Management LP acquired a new stake in shares of Nu Skin Enterprises in the second quarter valued at about $106,000. Institutional investors and hedge funds own 82.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. DA Davidson lowered their price objective on shares of Nu Skin Enterprises from $12.50 to $11.00 and set a "neutral" rating on the stock in a research note on Monday, August 12th. 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 research report on Tuesday, October 22nd. Finally, StockNews.com upgraded Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research report on Monday, November 11th.

Nu Skin Enterprises Trading Up 0.3 %

Shares of Nu Skin Enterprises stock traded up $0.02 during mid-day trading on Tuesday, hitting $7.81. 187,715 shares of the stock were exchanged, compared to its average volume of 841,058. The company has a 50-day simple moving average of $6.84 and a 200 day simple moving average of $9.06. The company has a current ratio of 1.93, a quick ratio of 1.20 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $388.24 million, a price-to-earnings ratio of -3.75 and a beta of 1.20. Nu Skin Enterprises, Inc. has a twelve month low of $5.95 and a twelve month high of $20.75.

Nu Skin Enterprises Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date is Friday, November 29th. Nu Skin Enterprises's dividend payout ratio is presently -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.