Trexquant Investment LP Buys 34,006 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Trexquant Investment LP grew its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 6.3% in the fourth quarter, Holdings Channel reports. The fund owned 573,917 shares of the company’s stock after acquiring an additional 34,006 shares during the quarter. Trexquant Investment LP’s holdings in Nu Skin Enterprises were worth $3,954,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Franklin Resources Inc. grew its holdings in Nu Skin Enterprises by 6.5% during the fourth quarter. Franklin Resources Inc. now owns 34,307 shares of the company’s stock valued at $236,000 after purchasing an additional 2,091 shares during the period. Ballentine Partners LLC grew its stake in shares of Nu Skin Enterprises by 15.5% during the 4th quarter. Ballentine Partners LLC now owns 20,856 shares of the company’s stock worth $144,000 after acquiring an additional 2,800 shares during the period. Meeder Asset Management Inc. bought a new position in shares of Nu Skin Enterprises during the 4th quarter worth $25,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Nu Skin Enterprises by 3.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 116,424 shares of the company’s stock worth $858,000 after acquiring an additional 4,125 shares during the last quarter. Finally, Inspire Investing LLC lifted its holdings in Nu Skin Enterprises by 7.8% during the fourth quarter. Inspire Investing LLC now owns 65,418 shares of the company’s stock valued at $451,000 after purchasing an additional 4,728 shares during the last quarter. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Trading Down 5.3 %

Nu Skin Enterprises stock opened at $6.47 on Friday. The stock has a market cap of $321.46 million, a P/E ratio of -2.19 and a beta of 1.10. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.82. The firm’s fifty day moving average price is $7.36 and its 200-day moving average price is $7.07. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.95 and a fifty-two week high of $14.00.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.14. The business had revenue of $445.55 million for the quarter, compared to the consensus estimate of $441.10 million. Nu Skin Enterprises had a positive return on equity of 5.86% and a negative net margin of 8.46%. Equities research analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 3.71%. The ex-dividend date was Monday, February 24th. Nu Skin Enterprises’s dividend payout ratio is currently -8.14%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. DA Davidson reduced 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 raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Tuesday, February 25th.

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.