Insider Buying: Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Purchases $66,314.81 in Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos purchased 3,917 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were bought at an average price of $16.93 per share, with a total value of $66,314.81. Following the purchase, the chairman owned 20,253,482 shares in the company, valued at $342,891,450.26. This represents a 0.02% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Luis Campos also recently made the following trade(s):

• On Monday, July 27th, Luis Campos acquired 46,830 shares of Betterware de Mexico SAPI de C stock. The shares were bought at an average cost of $16.41 per share, for a total transaction of $768,480.30.

Betterware de Mexico SAPI de C Stock Down 3.5%

Shares of BWMX stock opened at $16.59 on Friday. The stock’s 50 day simple moving average is $17.80 and its 200 day simple moving average is $17.67. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.57 and a current ratio of 1.11. Betterware de Mexico SAPI de C has a twelve month low of $12.34 and a twelve month high of $19.79. The company has a market capitalization of $619.18 million, a price-to-earnings ratio of 9.07 and a beta of 1.05.

Betterware de Mexico SAPI de C (NYSE:BWMX) last announced its earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share (EPS) for the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%.The firm had revenue of $237.83 million during the quarter. As a group, research analysts predict that Betterware de Mexico SAPI de C will post 2.48 EPS for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th will be paid a $0.3252 dividend. The ex-dividend date is Thursday, August 6th. This is a positive change 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 7.8%. Betterware de Mexico SAPI de C’s dividend payout ratio is presently 60.11%.

Hedge Funds Weigh In On Betterware de Mexico SAPI de C

Several large investors have recently bought and sold shares of BWMX. Lazard Asset Management LLC acquired a new stake in Betterware de Mexico SAPI de C in the 1st quarter worth $785,000. Arrowstreet Capital Limited Partnership raised its position in shares of Betterware de Mexico SAPI de C by 177.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock valued at $1,224,000 after buying an additional 46,452 shares during the last quarter. Sei Investments Co. bought a new stake in shares of Betterware de Mexico SAPI de C in the first quarter valued at about $613,000. Quattro Financial Advisors LLC lifted its stake in shares of Betterware de Mexico SAPI de C by 42.9% in the fourth quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after buying an additional 15,000 shares during the period. Finally, NewEdge Advisors LLC grew its position in Betterware de Mexico SAPI de C by 88,706.7% during the first quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock worth $225,000 after buying an additional 13,306 shares in the last quarter. 12.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BWMX has been the topic of a number of research analyst reports. Weiss Ratings upgraded shares of Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 4th. Zacks Research lowered shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Betterware de Mexico SAPI de C Company Profile

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.