LMR Partners LLP Invests $182,000 in Nu Skin Enterprises, Inc. (NYSE:NUS)

LMR Partners LLP bought a new stake in Nu Skin Enterprises, Inc. (NYSE:NUS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 24,724 shares of the company’s stock, valued at approximately $182,000.

Other institutional investors also recently added to or reduced their stakes in the company. Sei Investments Co. raised its stake in Nu Skin Enterprises by 4.1% in the first quarter. Sei Investments Co. now owns 171,364 shares of the company’s stock valued at $2,370,000 after buying an additional 6,672 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Nu Skin Enterprises by 99.0% during the first quarter. Russell Investments Group Ltd. now owns 28,615 shares of the company’s stock worth $395,000 after purchasing an additional 14,238 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of Nu Skin Enterprises by 29.4% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 18,410 shares of the company’s stock worth $255,000 after buying an additional 4,180 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Nu Skin Enterprises by 4.4% in the 1st quarter. Vanguard Group Inc. now owns 6,489,580 shares of the company’s stock valued at $89,751,000 after buying an additional 274,309 shares in the last quarter. Finally, Covestor Ltd boosted its holdings in shares of Nu Skin Enterprises by 90.1% in the 1st quarter. Covestor Ltd now owns 4,353 shares of the company’s stock valued at $60,000 after buying an additional 2,063 shares in the last quarter. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on NUS shares. StockNews.com raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. Citigroup reduced their target price on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Finally, DA Davidson decreased their target price on Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating for the company in a research report on Monday, August 12th.

Nu Skin Enterprises Stock Down 1.3 %

NUS stock opened at $7.49 on Thursday. The company has a market cap of $372.34 million, a price-to-earnings ratio of -3.67 and a beta of 1.14. The company has a fifty day moving average price of $6.76 and a 200 day moving average price of $9.62. 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 12 month low of $5.95 and a 12 month high of $20.75.

Nu Skin Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.24 annualized dividend and a dividend yield of 3.20%. Nu Skin Enterprises’s dividend payout ratio (DPR) is -11.59%.

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.