Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Stock Price Down 2.2%

Shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) dropped 2.2% during trading on Tuesday . The company traded as low as $20.00 and last traded at $20.00. Approximately 15,097 shares traded hands during trading, a decline of 67% from the average daily volume of 46,211 shares. The stock had previously closed at $20.45.

Betterware de México, S.A.P.I. de C.V. Stock Up 5.0 %

The firm has a 50-day moving average of $15.80 and a two-hundred day moving average of $15.10. The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 3.31. The company has a market capitalization of $740.80 million, a PE ratio of 12.41 and a beta of 1.35.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last posted its quarterly earnings data on Thursday, February 22nd. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.34. The firm had revenue of $194.06 million during the quarter, compared to analysts’ expectations of $174.51 million. Betterware de México, S.A.P.I. de C.V. had a net margin of 8.11% and a return on equity of 82.34%. Equities research analysts predict that Betterware de México, S.A.P.I. de C.V. will post 2.02 earnings per share for the current fiscal year.

Betterware de México, S.A.P.I. de C.V. Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Friday, March 8th were issued a $0.3521 dividend. The ex-dividend date was Thursday, March 7th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 7.10%. This is a boost from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.27. Betterware de México, S.A.P.I. de C.V.’s payout ratio is 88.13%.

Institutional Investors Weigh In On Betterware de México, S.A.P.I. de C.V.

Large investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its holdings in Betterware de México, S.A.P.I. de C.V. by 216.5% during the 2nd quarter. Goldman Sachs Group Inc. now owns 79,655 shares of the company’s stock worth $688,000 after buying an additional 54,484 shares during the last quarter. Sagil Capital LLP lifted its stake in Betterware de México, S.A.P.I. de C.V. by 37.4% during the fourth quarter. Sagil Capital LLP now owns 73,534 shares of the company’s stock worth $1,025,000 after purchasing an additional 20,000 shares during the last quarter. State Street Corp boosted its holdings in Betterware de México, S.A.P.I. de C.V. by 5.4% in the second quarter. State Street Corp now owns 69,273 shares of the company’s stock valued at $896,000 after purchasing an additional 3,533 shares in the last quarter. Citadel Advisors LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. in the second quarter valued at approximately $448,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of Betterware de México, S.A.P.I. de C.V. in the 3rd quarter valued at $808,000. Hedge funds and other institutional investors own 12.72% of the company’s stock.

About Betterware de México, S.A.P.I. de C.V.

Betterware de México, SAP.I. de C.V. operates as a direct-to-consumer company. It operates through two segments, The Home Organization Products (Betterware or BWM); and The Beauty and Personal Care Products (JAFRA). The Betterware or BWM segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; and technology and mobility.