Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos Purchases 46,830 Shares

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos acquired 46,830 shares of Betterware de Mexico SAPI de C stock in a transaction dated Monday, July 27th. The stock was purchased at an average cost of $16.41 per share, with a total value of $768,480.30. Following the completion of the purchase, the chairman owned 20,249,565 shares of the company’s stock, valued at approximately $332,295,361.65. This represents a 0.23% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Betterware de Mexico SAPI de C Price Performance

Shares of Betterware de Mexico SAPI de C stock opened at $16.96 on Thursday. The stock’s 50-day simple moving average is $17.79 and its 200-day simple moving average is $17.64. The company has a market capitalization of $633.13 million, a price-to-earnings ratio of 9.27 and a beta of 1.03. Betterware de Mexico SAPI de C has a 52 week low of $12.17 and a 52 week high of $19.79. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 2.96.

Betterware de Mexico SAPI de C (NYSE:BWMX) last announced its quarterly earnings data on Wednesday, July 1st. The company reported $0.57 earnings per share (EPS) for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. The business had revenue of $237.83 million during the quarter. As a group, analysts expect that Betterware de Mexico SAPI de C will post 2.5 earnings per share for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be given a $0.3252 dividend. This is an increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. This represents a $1.30 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Thursday, August 6th. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is presently 71.04%.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

Hedge funds have recently made changes to their positions in the company. Confluence Investment Management LLC raised its holdings in shares of Betterware de Mexico SAPI de C by 17.1% in the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock valued at $218,000 after acquiring an additional 1,768 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Betterware de Mexico SAPI de C by 88,706.7% during the 1st quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock worth $225,000 after acquiring an additional 13,306 shares in the last quarter. Lazard Asset Management LLC bought a new position in Betterware de Mexico SAPI de C during the 1st quarter worth about $785,000. Public Employees Retirement System of Ohio purchased a new position in Betterware de Mexico SAPI de C during the 1st quarter valued at about $29,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Betterware de Mexico SAPI de C by 177.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock valued at $1,224,000 after purchasing an additional 46,452 shares in the last quarter. 12.72% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Zacks Research lowered Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 29th. Weiss Ratings upgraded shares of Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Betterware de Mexico SAPI de C has a consensus rating of “Hold”.

About Betterware de Mexico SAPI de C

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.