DRW Securities LLC Makes New Investment in Nu Skin Enterprises, Inc. (NYSE:NUS)

DRW Securities LLC 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 and Exchange Commission. The firm bought 41,336 shares of the company’s stock, valued at approximately $305,000. DRW Securities LLC owned about 0.08% of Nu Skin Enterprises at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of NUS. Signaturefd LLC boosted its position in shares of Nu Skin Enterprises by 72.6% during the second quarter. Signaturefd LLC now owns 3,797 shares of the company’s stock worth $40,000 after buying an additional 1,597 shares during the period. Canada Pension Plan Investment Board bought a new position in shares of Nu Skin Enterprises during the 2nd quarter worth approximately $47,000. Public Employees Retirement System of Ohio grew its stake in shares of Nu Skin Enterprises by 30.5% during the 1st quarter. Public Employees Retirement System of Ohio now owns 3,926 shares of the company’s stock worth $54,000 after acquiring an additional 918 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Nu Skin Enterprises by 167.4% in the second quarter. GAMMA Investing LLC now owns 5,734 shares of the company’s stock valued at $60,000 after purchasing an additional 3,590 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its position in shares of Nu Skin Enterprises by 92.7% in the first quarter. Lazard Asset Management LLC now owns 4,587 shares of the company’s stock worth $63,000 after purchasing an additional 2,206 shares in the last quarter. Institutional investors and hedge funds own 82.84% of the company’s stock.

Analyst Upgrades and Downgrades

NUS has been the topic of several recent analyst reports. DA Davidson lowered their price target on Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating on the stock in a research report on Monday, August 12th. StockNews.com raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. Finally, Citigroup decreased their target price on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd.

Nu Skin Enterprises Stock Performance

Nu Skin Enterprises stock opened at $7.69 on Thursday. The company has a market capitalization of $382.27 million, a P/E ratio of -3.71 and a beta of 1.14. The business has a 50 day moving average of $6.76 and a 200-day moving average of $9.43. 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 1 year low of $5.95 and a 1 year high of $20.75.

Nu Skin Enterprises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Friday, November 29th. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently -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.