XTX Topco Ltd Takes $416,000 Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

XTX Topco Ltd purchased a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 56,476 shares of the company’s stock, valued at approximately $416,000.

Several other institutional investors and hedge funds also recently made changes to their positions in NUS. Pacer Advisors Inc. acquired a new position in Nu Skin Enterprises in the 2nd quarter valued at approximately $25,230,000. Jane Street Group LLC increased its holdings in Nu Skin Enterprises by 358.4% in the third quarter. Jane Street Group LLC now owns 924,993 shares of the company’s stock valued at $6,817,000 after purchasing an additional 723,220 shares during the period. Federated Hermes Inc. raised its position in Nu Skin Enterprises by 111.8% during the 2nd quarter. Federated Hermes Inc. now owns 1,323,542 shares of the company’s stock worth $13,950,000 after purchasing an additional 698,722 shares during the last quarter. Weiss Asset Management LP acquired a new position in Nu Skin Enterprises during the 3rd quarter worth about $2,727,000. Finally, Millennium Management LLC grew its position in shares of Nu Skin Enterprises by 100.5% in the 2nd quarter. Millennium Management LLC now owns 534,579 shares of the company’s stock valued at $5,634,000 after buying an additional 267,965 shares during the last quarter. Institutional investors and hedge funds own 82.84% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on NUS shares. Citigroup cut their price objective on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating on the stock in a research note on Tuesday, October 22nd. StockNews.com raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Monday, November 11th.

Nu Skin Enterprises Stock Performance

NUS stock opened at $7.49 on Monday. The firm has a market cap of $372.34 million, a PE ratio of -3.62 and a beta of 1.20. The company has a current ratio of 1.93, a quick ratio of 1.20 and a debt-to-equity ratio of 0.53. The stock has a 50-day moving average price of $6.91 and a 200-day moving average price of $8.93. 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 declared a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Friday, November 29th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend was 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.