Santiago Campos Chevallier Acquires 15,000 Shares of Betterware de Mexico SAPI de C (NYSE:BWMX) Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) insider Santiago Campos Chevallier bought 15,000 shares of the company’s stock in a transaction dated Wednesday, September 16th. The stock was acquired at an average price of $16.46 per share, for a total transaction of $246,900.00. Following the acquisition, the insider directly owned 95,000 shares in the company, valued at $1,563,700. This trade represents a 18.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Betterware de Mexico SAPI de C Stock Down 0.8%

Shares of BWMX stock traded down $0.14 during trading on Thursday, hitting $15.99. 47,227 shares of the company were exchanged, compared to its average volume of 93,942. The business’s 50-day simple moving average is $16.64 and its 200 day simple moving average is $17.17. Betterware de Mexico SAPI de C has a twelve month low of $12.34 and a twelve month high of $19.79. The firm has a market capitalization of $631.64 million, a price-to-earnings ratio of 8.74 and a beta of 1.04. 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 (NYSE:BWMX) last released its earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share (EPS) for the quarter. The company had revenue of $237.83 million during the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. As a group, analysts forecast that Betterware de Mexico SAPI de C will post 2.5 EPS for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were given a dividend of $0.3252 per share. The ex-dividend date of this dividend was 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 yield of 8.1%. Betterware de Mexico SAPI de C’s payout ratio is 71.04%.

Hedge Funds Weigh In On Betterware de Mexico SAPI de C

Several hedge funds have recently bought and sold shares of the business. Sei Investments Co. bought a new position in Betterware de Mexico SAPI de C during the first quarter valued at about $613,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Betterware de Mexico SAPI de C by 177.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock worth $1,224,000 after buying an additional 46,452 shares during the last quarter. Lazard Asset Management LLC bought a new stake in shares of Betterware de Mexico SAPI de C during the 1st quarter worth about $785,000. NewEdge Advisors LLC increased its holdings in shares of Betterware de Mexico SAPI de C by 48.6% during the 2nd quarter. NewEdge Advisors LLC now owns 19,796 shares of the company’s stock valued at $356,000 after acquiring an additional 6,475 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Betterware de Mexico SAPI de C during the 1st quarter valued at about $29,000. 12.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research report on Tuesday, September 1st. Wall Street Zen raised Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 5th. One equities 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 data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Betterware de Mexico SAPI de C

Betterware de México, SAP.I. de C.V. is a Mexico-based direct-to-consumer company that develops, markets and distributes products designed to improve household organization and everyday living. Its product portfolio has included storage and organization solutions, kitchen and cleaning products, home accessories, personal-care items and other consumer goods.

The company primarily reaches customers through an independent sales force and catalog- and digitally supported direct-selling channels.