Luis Campos Purchases 21,829 Shares of Betterware de Mexico SAPI de C (NYSE:BWMX) Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos acquired 21,829 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was purchased at an average price of $17.00 per share, with a total value of $371,093.00. Following the purchase, the chairman owned 20,278,497 shares in the company, valued at approximately $344,734,449. The trade was a 0.11% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Monday, August 3rd, Luis Campos bought 3,186 shares of Betterware de Mexico SAPI de C stock. The shares were purchased at an average cost of $17.00 per share, for a total transaction of $54,162.00.
• On Friday, July 31st, Luis Campos bought 3,917 shares of Betterware de Mexico SAPI de C stock. The stock was acquired at an average price of $16.93 per share, for a total transaction of $66,314.81.
• On Monday, July 27th, Luis Campos bought 46,830 shares of Betterware de Mexico SAPI de C stock. The stock was acquired at an average cost of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Stock Performance

Shares of BWMX opened at $16.32 on Wednesday. The stock has a 50 day moving average of $17.71 and a 200 day moving average of $17.64. The company has a market capitalization of $609.06 million, a price-to-earnings ratio of 8.92 and a beta of 1.05. Betterware de Mexico SAPI de C has a 12 month low of $12.34 and a 12 month high of $19.79. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 2.96.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its quarterly earnings data on Wednesday, July 1st. The company reported $0.57 earnings per share for the quarter. The business had revenue of $237.83 million for the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%. As a group, sell-side analysts forecast that Betterware de Mexico SAPI de C will post 2.48 earnings per share for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be issued a $0.3252 dividend. This is an increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 8.0%. Betterware de Mexico SAPI de C’s payout ratio is presently 71.04%.

Analyst Upgrades and Downgrades

BWMX has been the subject 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 report on Thursday, June 4th. Zacks Research downgraded 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 investment 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 company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

Institutional Trading of Betterware de Mexico SAPI de C

Several hedge funds have recently made changes to their positions in BWMX. Public Employees Retirement System of Ohio purchased a new position in shares of Betterware de Mexico SAPI de C during the 1st quarter valued at $29,000. Confluence Investment Management LLC increased its holdings in Betterware de Mexico SAPI de C by 17.1% in the 2nd quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock worth $218,000 after acquiring an additional 1,768 shares during the last quarter. NewEdge Advisors LLC raised its stake in Betterware de Mexico SAPI de C by 88,706.7% in the 1st quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock valued at $225,000 after acquiring an additional 13,306 shares during the period. Sei Investments Co. bought a new stake in Betterware de Mexico SAPI de C in the 1st quarter valued at about $613,000. Finally, Lazard Asset Management LLC purchased a new stake in Betterware de Mexico SAPI de C during the first quarter valued at about $785,000. 12.72% of the stock is currently owned by institutional investors.

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.