Point72 Asia Singapore Pte. Ltd. Sells 37,712 Shares of Nu Skin Enterprises, Inc. (NYSE:NUS)

Point72 Asia Singapore Pte. Ltd. decreased its position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 49.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,849 shares of the company’s stock after selling 37,712 shares during the period. Point72 Asia Singapore Pte. Ltd. owned 0.08% of Nu Skin Enterprises worth $261,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. bought a new stake in shares of Nu Skin Enterprises during the fourth quarter valued at approximately $25,000. US Bancorp DE raised its position in shares of Nu Skin Enterprises by 424.2% during the fourth quarter. US Bancorp DE now owns 7,460 shares of the company’s stock valued at $51,000 after buying an additional 6,037 shares during the last quarter. Signaturefd LLC raised its position in shares of Nu Skin Enterprises by 536.8% during the fourth quarter. Signaturefd LLC now owns 8,087 shares of the company’s stock valued at $56,000 after buying an additional 6,817 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Nu Skin Enterprises by 2,412.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company’s stock valued at $57,000 after buying an additional 7,888 shares during the last quarter. Finally, Bank of Montreal Can purchased a new position in shares of Nu Skin Enterprises in the fourth quarter valued at $80,000. Institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Trading Up 1.6%

NUS stock opened at $7.59 on Friday. The firm has a fifty day moving average price of $6.68 and a 200 day moving average price of $6.97. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.32 and a fifty-two week high of $13.90. 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 has a market cap of $377.40 million, a PE ratio of -2.57 and a beta of 0.92.

Nu Skin Enterprises (NYSE:NUS) last posted its earnings results on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. The firm had revenue of $364.49 million during the quarter, compared to analyst estimates of $352.06 million. Sell-side analysts anticipate that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 3.16%. The ex-dividend date of this dividend is Friday, May 30th. Nu Skin Enterprises’s payout ratio is -30.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Monday, May 12th.

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.