Nu Skin Enterprises, Inc. (NYSE:NUS) Stake Reduced by Renaissance Technologies LLC

Renaissance Technologies LLC decreased its stake in Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) by 8.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,679,896 shares of the company's stock after selling 152,300 shares during the period. Renaissance Technologies LLC owned 3.38% of Nu Skin Enterprises worth $11,574,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new stake in Nu Skin Enterprises in the fourth quarter valued at about $25,000. US Bancorp DE increased 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 purchasing an additional 6,037 shares during the last quarter. Signaturefd LLC raised its stake in Nu Skin Enterprises by 536.8% during the fourth quarter. Signaturefd LLC now owns 8,087 shares of the company's stock worth $56,000 after purchasing an additional 6,817 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Nu Skin Enterprises by 2,412.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company's stock worth $57,000 after purchasing an additional 7,888 shares during the period. Finally, Bank of Montreal Can acquired a new stake in Nu Skin Enterprises in the 4th quarter valued at $80,000. Institutional investors and hedge funds own 82.84% of the company's stock.

Nu Skin Enterprises Stock Down 2.0 %

Shares of Nu Skin Enterprises stock traded down $0.12 on Friday, hitting $5.50. 746,709 shares of the company's stock traded hands, compared to its average volume of 834,372. Nu Skin Enterprises, Inc. has a 52-week low of $5.35 and a 52-week high of $14.00. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56. The stock has a market cap of $273.23 million, a P/E ratio of -1.86 and a beta of 1.10. The firm's 50-day moving average is $7.21 and its 200 day moving average is $6.97.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.14. The company had revenue of $445.55 million during the quarter, compared to analyst estimates of $441.10 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. Equities analysts anticipate that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current 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 dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date of this dividend was Monday, February 24th. Nu Skin Enterprises's payout ratio is -8.14%.

Analysts Set New Price Targets

NUS has been the subject of several analyst reports. DA Davidson decreased their target price on shares of Nu Skin Enterprises from $11.00 to $7.00 and set a "neutral" rating for the company in a research note on Friday, December 20th. StockNews.com lowered shares of Nu Skin Enterprises from a "buy" rating to a "hold" rating in a report on Tuesday, April 8th.

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.