16,715 Shares in Nu Skin Enterprises, Inc. (NYSE:NUS) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in Nu Skin Enterprises, Inc. (NYSE:NUS) during the fourth quarter, Holdings Channel.com reports. The fund bought 16,715 shares of the company’s stock, valued at approximately $115,000.

A number of other hedge funds also recently modified their holdings of NUS. Jane Street Group LLC grew its stake in Nu Skin Enterprises by 358.4% during the third quarter. Jane Street Group LLC now owns 924,993 shares of the company’s stock worth $6,817,000 after buying an additional 723,220 shares during the last quarter. Weiss Asset Management LP acquired a new stake in Nu Skin Enterprises during the 3rd quarter valued at $2,727,000. Walleye Capital LLC raised its position in Nu Skin Enterprises by 335.3% in the 3rd quarter. Walleye Capital LLC now owns 289,236 shares of the company’s stock valued at $2,132,000 after purchasing an additional 222,793 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Nu Skin Enterprises by 175.6% in the third quarter. JPMorgan Chase & Co. now owns 231,957 shares of the company’s stock worth $1,710,000 after purchasing an additional 147,784 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC grew its holdings in shares of Nu Skin Enterprises by 27.7% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 603,555 shares of the company’s stock worth $4,448,000 after purchasing an additional 130,980 shares during the last quarter. Institutional investors own 82.84% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on NUS shares. StockNews.com upgraded shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Tuesday, February 25th. DA Davidson decreased their price target on shares of Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating on the stock in a research note on Friday, December 20th.

Nu Skin Enterprises Trading Down 4.2 %

Shares of NUS opened at $7.20 on Friday. The stock’s fifty day simple moving average is $7.37 and its 200-day simple moving average is $7.09. The firm has a market capitalization of $357.86 million, a PE ratio of -2.44 and a beta of 1.06. Nu Skin Enterprises, Inc. has a 12-month low of $5.95 and a 12-month high of $14.00. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.14. The business had revenue of $445.55 million during 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%. As a group, research analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend was Monday, February 24th. Nu Skin Enterprises’s dividend payout ratio is presently -8.14%.

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.