Weight Watchers International Inc (WTW) Holdings Lifted by Maverick Capital Ltd.
Maverick Capital Ltd. grew its position in Weight Watchers International Inc (NYSE:WTW) by 4,962.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 110,656 shares of the company’s stock after buying an additional 108,470 shares during the period. Maverick Capital Ltd. owned approximately 0.17% of Weight Watchers International worth $3,698,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of WTW. Macquarie Group Ltd. purchased a new position in Weight Watchers International in the second quarter worth about $22,572,000. PDT Partners LLC purchased a new position in Weight Watchers International in the second quarter worth about $16,546,000. Kohlberg Kravis Roberts & Co. L.P. purchased a new position in Weight Watchers International in the first quarter worth about $3,308,000. Dimensional Fund Advisors LP raised its holdings in Weight Watchers International by 137.7% in the second quarter. Dimensional Fund Advisors LP now owns 260,726 shares of the company’s stock worth $8,712,000 after buying an additional 151,036 shares during the last quarter. Finally, Sanctuary Wealth Advisors LLC purchased a new position in Weight Watchers International in the second quarter worth about $4,335,000. 88.24% of the stock is owned by institutional investors and hedge funds.
Shares of Weight Watchers International Inc (WTW) traded down 1.46% during mid-day trading on Friday, hitting $44.61. 294,032 shares of the stock were exchanged. Weight Watchers International Inc has a 52-week low of $9.55 and a 52-week high of $49.32. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 28.58 and a beta of 2.99. The stock has a 50-day moving average price of $44.56 and a 200 day moving average price of $31.93.
Weight Watchers International (NYSE:WTW) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.17. The firm had revenue of $341.70 million during the quarter, compared to analyst estimates of $329.55 million. Weight Watchers International had a net margin of 8.52% and a negative return on equity of 7.70%. Weight Watchers International’s revenue was up 10.3% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS. On average, equities research analysts expect that Weight Watchers International Inc will post $1.46 earnings per share for the current year.
WTW has been the subject of several recent analyst reports. ValuEngine raised shares of Weight Watchers International from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $54.00 target price for the company in a report on Friday, August 18th. Finally, BidaskClub cut shares of Weight Watchers International from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $27.44.
Weight Watchers International Company Profile
Weight Watchers International, Inc is a provider of weight management services. The Company operates globally through a network of Company-owned and franchise operations. The Company’s branded products and services include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications.
Receive News & Ratings for Weight Watchers International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weight Watchers International Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.