Weight Watchers International, Inc. (NYSE:WTW) Director Denis F. Kelly Acquires 2,200 Shares

Weight Watchers International, Inc. (NYSE:WTW) Director Denis F. Kelly acquired 2,200 shares of the company’s stock in a transaction dated Thursday, March 8th. The shares were acquired at an average cost of $62.43 per share, with a total value of $137,346.00. Following the completion of the purchase, the director now owns 41,852 shares in the company, valued at $2,612,820.36. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

WTW stock traded down $3.74 on Friday, hitting $60.36. 1,457,661 shares of the company’s stock traded hands, compared to its average volume of 1,952,327. Weight Watchers International, Inc. has a 1-year low of $15.60 and a 1-year high of $77.19. The firm has a market cap of $4,141.58, a PE ratio of 36.58, a P/E/G ratio of 1.65 and a beta of 3.23. The company has a debt-to-equity ratio of -1.71, a current ratio of 0.61 and a quick ratio of 0.52.

Weight Watchers International (NYSE:WTW) last issued its quarterly earnings results on Tuesday, February 27th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.06. The business had revenue of $312.50 million during the quarter, compared to the consensus estimate of $309.35 million. Weight Watchers International had a net margin of 12.52% and a negative return on equity of 10.38%. sell-side analysts expect that Weight Watchers International, Inc. will post 2.58 earnings per share for the current year.

Institutional investors have recently added to or reduced their stakes in the business. Public Employees Retirement Association of Colorado acquired a new position in Weight Watchers International in the 4th quarter valued at approximately $113,000. Sei Investments Co. increased its stake in shares of Weight Watchers International by 3,364.2% during the 3rd quarter. Sei Investments Co. now owns 4,157 shares of the company’s stock worth $181,000 after purchasing an additional 4,037 shares during the last quarter. Trexquant Investment LP acquired a new position in shares of Weight Watchers International during the 3rd quarter worth $216,000. Virginia Retirement Systems ET AL acquired a new position in shares of Weight Watchers International during the 3rd quarter worth $226,000. Finally, Bluestein R H & Co. acquired a new position in shares of Weight Watchers International during the 3rd quarter worth $240,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Several equities analysts recently weighed in on WTW shares. B. Riley lifted their target price on shares of Weight Watchers International from $65.00 to $86.00 and gave the company a “buy” rating in a report on Thursday, February 8th. ValuEngine lowered shares of Weight Watchers International from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Zacks Investment Research upgraded shares of Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $72.00 target price on the stock in a research note on Tuesday, March 6th. Sidoti upgraded shares of Weight Watchers International from a “neutral” rating to a “buy” rating in a research note on Monday, March 5th. Finally, Craig Hallum boosted their price objective on shares of Weight Watchers International from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. Weight Watchers International currently has a consensus rating of “Buy” and an average price target of $72.00.

COPYRIGHT VIOLATION WARNING: “Weight Watchers International, Inc. (NYSE:WTW) Director Denis F. Kelly Acquires 2,200 Shares” was originally reported by BBNS and is the sole property of of BBNS. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and international trademark and copyright legislation. The original version of this story can be accessed at https://baseballnewssource.com/2018/04/07/insider-buying-weight-watchers-international-inc-wtw-director-purchases-137346-00-in-stock/2037849.html.

Weight Watchers International Company Profile

Weight Watchers International, Inc is a provider of weight management services. The Company operates globally through a network of Company-owned and franchise operations. The Company’s branded products and services include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications.

Receive News & Ratings for Weight Watchers International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weight Watchers International and related companies with MarketBeat.com's FREE daily email newsletter.

 




Latest News

Teen Juan Soto Hits Home Run in First At-Bat
Teen Juan Soto Hits Home Run in First At-Bat
Ji-Man Choi Receives Another Chance in Milwaukee
Ji-Man Choi Receives Another Chance in Milwaukee
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Strikeouts Once Again Plaguing Cubs
Strikeouts Once Again Plaguing Cubs
Atlanta Braves: A Mix of Young and Old
Atlanta Braves: A Mix of Young and Old
Major League Baseball is Back and Astros Favored to Repeat
Major League Baseball is Back and Astros Favored to Repeat


Leave a Reply

 
© 2006-2018 BBNS.