Nu Skin Enterprises (NYSE:NUS) Rating Lowered to "Hold" at StockNews.com

StockNews.com lowered shares of Nu Skin Enterprises (NYSE:NUS - Free Report) from a buy rating to a hold rating in a research note issued to investors on Tuesday morning.

Separately, DA Davidson dropped their price objective on shares of Nu Skin Enterprises from $11.00 to $7.00 and set a "neutral" rating on the stock in a report on Friday, December 20th.

Nu Skin Enterprises Trading Up 2.6 %

Shares of NUS stock traded up $0.16 on Tuesday, hitting $6.23. The stock had a trading volume of 1,151,522 shares, compared to its average volume of 832,642. The firm has a market cap of $309.53 million, a P/E ratio of -2.11 and a beta of 1.10. Nu Skin Enterprises has a twelve month low of $5.75 and a twelve month high of $14.00. The company has a current ratio of 1.82, a quick ratio of 1.17 and a debt-to-equity ratio of 0.56. The company has a fifty day moving average price of $7.28 and a two-hundred day moving average price of $7.02.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.14. The firm had revenue of $445.55 million during the quarter, compared to analysts' expectations of $441.10 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 forecast that Nu Skin Enterprises will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend was Monday, February 24th. Nu Skin Enterprises's payout ratio is -8.14%.

Hedge Funds Weigh In On Nu Skin Enterprises

Several hedge funds have recently made changes to their positions in NUS. Jane Street Group LLC lifted its position in shares of Nu Skin Enterprises by 358.4% in the third quarter. Jane Street Group LLC now owns 924,993 shares of the company's stock worth $6,817,000 after purchasing an additional 723,220 shares in the last quarter. Susquehanna International Group LLP lifted its position in Nu Skin Enterprises by 191.9% during the 4th quarter. Susquehanna International Group LLP now owns 702,127 shares of the company's stock worth $4,838,000 after buying an additional 461,608 shares in the last quarter. Two Sigma Advisers LP lifted its position in Nu Skin Enterprises by 61.2% during the 4th quarter. Two Sigma Advisers LP now owns 944,000 shares of the company's stock worth $6,504,000 after buying an additional 358,400 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its stake in shares of Nu Skin Enterprises by 15.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company's stock worth $15,512,000 after buying an additional 301,295 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Nu Skin Enterprises by 74.9% in the fourth quarter. JPMorgan Chase & Co. now owns 405,667 shares of the company's stock valued at $2,795,000 after acquiring an additional 173,710 shares during the last quarter. 82.84% of the stock is owned by institutional investors.

Nu Skin Enterprises Company 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.