Range Financial Group LLC Makes New Investment in Nu Skin Enterprises, Inc. (NYSE:NUS)

Range Financial Group LLC acquired a new stake in Nu Skin Enterprises, Inc. (NYSE:NUS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 16,930 shares of the company’s stock, valued at approximately $117,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of NUS. JPMorgan Chase & Co. raised its holdings in Nu Skin Enterprises by 175.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 231,957 shares of the company’s stock valued at $1,710,000 after buying an additional 147,784 shares during the period. Virtu Financial LLC purchased a new position in shares of Nu Skin Enterprises during the 3rd quarter worth about $93,000. Barclays PLC grew its holdings in Nu Skin Enterprises by 363.8% during the 3rd quarter. Barclays PLC now owns 85,437 shares of the company’s stock valued at $629,000 after purchasing an additional 67,016 shares during the last quarter. Geode Capital Management LLC lifted its stake in Nu Skin Enterprises by 1.1% in the third quarter. Geode Capital Management LLC now owns 1,130,487 shares of the company’s stock worth $8,333,000 after purchasing an additional 11,838 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its position in shares of Nu Skin Enterprises by 760.7% during the third quarter. Y Intercept Hong Kong Ltd now owns 111,979 shares of the company’s stock valued at $825,000 after buying an additional 98,969 shares during the period. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Stock Performance

Nu Skin Enterprises stock opened at $6.87 on Wednesday. Nu Skin Enterprises, Inc. has a fifty-two week low of $5.95 and a fifty-two week high of $19.30. The company has a market capitalization of $341.51 million, a PE ratio of -3.32 and a beta of 1.19. The company has a 50 day moving average price of $7.11 and a 200-day moving average price of $8.22. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 1.93.

Nu Skin Enterprises Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Friday, November 29th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend was Friday, November 29th. Nu Skin Enterprises’s payout ratio is -11.59%.

Analysts Set New Price Targets

NUS has been the subject of a number of research analyst reports. DA Davidson decreased their price target on 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 upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. Finally, Citigroup cut their price target on shares of Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd.

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.