Nu Skin Enterprises, Inc. (NYSE:NUS) Shares Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd boosted its position in Nu Skin Enterprises, Inc. (NYSE:NUS) by 264.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 142,563 shares of the company’s stock after buying an additional 103,432 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Nu Skin Enterprises were worth $1,050,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in NUS. Intech Investment Management LLC acquired a new position in Nu Skin Enterprises during the 3rd quarter worth $138,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Nu Skin Enterprises by 91.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 271,885 shares of the company’s stock worth $2,004,000 after buying an additional 130,164 shares during the period. LMR Partners LLP purchased a new stake in shares of Nu Skin Enterprises in the third quarter valued at $182,000. Quest Partners LLC purchased a new stake in shares of Nu Skin Enterprises in the third quarter worth approximately $268,000. Finally, Gladius Capital Management LP acquired a new stake in shares of Nu Skin Enterprises during the 3rd quarter valued at $77,000. 82.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. DA Davidson cut their price objective on Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating for the company in a research report on Monday, August 12th. StockNews.com raised shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Finally, Citigroup decreased their price objective 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.

Nu Skin Enterprises Trading Down 1.5 %

Shares of NYSE:NUS opened at $7.44 on Wednesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 1.93. The company has a 50-day simple moving average of $6.75 and a 200 day simple moving average of $9.44. Nu Skin Enterprises, Inc. has a 52-week low of $5.95 and a 52-week high of $20.75. The company has a market capitalization of $369.84 million, a P/E ratio of -3.59 and a beta of 1.14.

Nu Skin Enterprises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.24 dividend on an annualized basis and a yield of 3.23%. Nu Skin Enterprises’s payout ratio is -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.