Semanteon Capital Management LP Takes $525,000 Position in Nu Skin Enterprises, Inc. (NYSE:NUS)

Semanteon Capital Management LP bought a new position in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,051 shares of the company’s stock, valued at approximately $525,000.

Several other institutional investors and hedge funds have also bought and sold shares of NUS. CWM LLC boosted its stake in Nu Skin Enterprises by 5,838.9% during the third quarter. CWM LLC now owns 2,138 shares of the company’s stock worth $45,000 after acquiring an additional 2,102 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in Nu Skin Enterprises by 39.1% during the third quarter. Exchange Traded Concepts LLC now owns 15,883 shares of the company’s stock worth $337,000 after acquiring an additional 4,461 shares in the last quarter. Counterpoint Mutual Funds LLC bought a new position in Nu Skin Enterprises during the third quarter worth $124,000. Cambridge Investment Research Advisors Inc. bought a new position in Nu Skin Enterprises during the third quarter worth $268,000. Finally, Bank of New York Mellon Corp boosted its stake in Nu Skin Enterprises by 6.6% during the third quarter. Bank of New York Mellon Corp now owns 767,442 shares of the company’s stock worth $16,277,000 after acquiring an additional 47,847 shares in the last quarter. 82.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on NUS. StockNews.com lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Saturday, February 24th. DA Davidson dropped their price objective on shares of Nu Skin Enterprises from $29.00 to $21.00 and set a “neutral” rating on the stock in a research note on Friday, January 5th. Four research analysts have rated the stock with a hold rating, According to MarketBeat.com, Nu Skin Enterprises currently has an average rating of “Hold” and an average target price of $23.67.

Nu Skin Enterprises Stock Up 0.6 %

Shares of Nu Skin Enterprises stock traded up $0.07 during trading hours on Friday, reaching $12.32. The company’s stock had a trading volume of 429,626 shares, compared to its average volume of 749,536. The stock’s fifty day simple moving average is $12.76 and its two-hundred day simple moving average is $16.35. The company has a market capitalization of $608.61 million, a P/E ratio of 68.28 and a beta of 1.11. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.28 and a current ratio of 2.13. Nu Skin Enterprises, Inc. has a one year low of $11.84 and a one year high of $40.68.

Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings results on Wednesday, February 14th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.08. Nu Skin Enterprises had a net margin of 0.44% and a return on equity of 10.73%. The business had revenue of $488.64 million for the quarter, compared to analysts’ expectations of $479.35 million. On average, research analysts forecast that Nu Skin Enterprises, Inc. will post 1.13 earnings per share for the current year.

Nu Skin Enterprises Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, February 26th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.95%. The ex-dividend date was Friday, February 23rd. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently 133.34%.

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.