Jane Street Group LLC Grows Stock Holdings in Nu Skin Enterprises, Inc. (NYSE:NUS)

Jane Street Group LLC raised its holdings in shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 358.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 924,993 shares of the company's stock after acquiring an additional 723,220 shares during the quarter. Jane Street Group LLC owned approximately 1.86% of Nu Skin Enterprises worth $6,817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Pacer Advisors Inc. purchased a new position in Nu Skin Enterprises during the second quarter valued at $25,230,000. Federated Hermes Inc. raised its stake in shares of Nu Skin Enterprises by 111.8% in the second quarter. Federated Hermes Inc. now owns 1,323,542 shares of the company's stock worth $13,950,000 after buying an additional 698,722 shares during the period. Weiss Asset Management LP purchased a new position in shares of Nu Skin Enterprises during the 3rd quarter valued at about $2,727,000. Millennium Management LLC grew its stake in shares of Nu Skin Enterprises by 100.5% during the 2nd quarter. Millennium Management LLC now owns 534,579 shares of the company's stock valued at $5,634,000 after acquiring an additional 267,965 shares during the period. Finally, Walleye Capital LLC increased its holdings in Nu Skin Enterprises by 335.3% in the 3rd quarter. Walleye Capital LLC now owns 289,236 shares of the company's stock worth $2,132,000 after acquiring an additional 222,793 shares in the last quarter. Institutional investors own 82.84% of the company's stock.

Nu Skin Enterprises Price Performance

Shares of NYSE:NUS traded down $0.03 during trading on Friday, hitting $7.49. 452,187 shares of the company's stock were exchanged, compared to its average volume of 838,027. The business's 50-day simple moving average is $6.91 and its 200 day simple moving average is $8.93. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.93 and a quick ratio of 1.20. Nu Skin Enterprises, Inc. has a 52-week low of $5.95 and a 52-week high of $20.75. The company has a market cap of $372.34 million, a price-to-earnings ratio of -3.62 and a beta of 1.20.

Nu Skin Enterprises Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend was Friday, November 29th. Nu Skin Enterprises's payout ratio is currently -11.59%.

Analysts Set New Price Targets

NUS has been the topic of several analyst reports. 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. StockNews.com upgraded shares of Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research note on Monday, November 11th.

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.