Charles Schwab Investment Management Inc. Lowers Stock Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

Charles Schwab Investment Management Inc. trimmed its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 26.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 908,064 shares of the company's stock after selling 333,924 shares during the period. Charles Schwab Investment Management Inc. owned 1.83% of Nu Skin Enterprises worth $6,692,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Pacer Advisors Inc. bought a new stake in shares of Nu Skin Enterprises in the second quarter valued at approximately $25,230,000. Federated Hermes Inc. grew its stake in Nu Skin Enterprises by 111.8% in the 2nd quarter. Federated Hermes Inc. now owns 1,323,542 shares of the company's stock valued at $13,950,000 after buying an additional 698,722 shares in the last quarter. Millennium Management LLC raised its holdings in 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. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Nu Skin Enterprises by 91.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 271,885 shares of the company's stock worth $2,004,000 after acquiring an additional 130,164 shares in the last quarter. Finally, AXA S.A. purchased a new stake in shares of Nu Skin Enterprises during the second quarter worth $1,061,000. 82.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on NUS. Citigroup decreased their price objective on Nu Skin Enterprises from $11.50 to $6.75 and set a "neutral" rating on the stock in a research note on Tuesday, October 22nd. StockNews.com raised Nu Skin Enterprises from a "hold" rating to a "buy" rating in a report on Monday, November 11th.

Nu Skin Enterprises Price Performance

NYSE NUS traded up $0.05 on Thursday, hitting $7.51. The stock had a trading volume of 228,782 shares, compared to its average volume of 838,852. The firm has a 50-day moving average of $6.86 and a 200-day moving average of $9.01. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 1.93. 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 capitalization of $373.33 million, a price-to-earnings ratio of -3.60 and a beta of 1.20.

Nu Skin Enterprises Dividend Announcement

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