Dimensional Fund Advisors LP raised its stake in shares of Weight Watchers International Inc (NYSE:WTW) by 137.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 260,726 shares of the company’s stock after purchasing an additional 151,036 shares during the period. Dimensional Fund Advisors LP owned 0.41% of Weight Watchers International worth $8,712,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of WTW. UBS Asset Management Americas Inc. acquired a new stake in shares of Weight Watchers International in the first quarter worth $210,000. SG Americas Securities LLC acquired a new stake in shares of Weight Watchers International in the second quarter worth $234,000. BNP Paribas Arbitrage SA increased its position in shares of Weight Watchers International by 123.1% in the second quarter. BNP Paribas Arbitrage SA now owns 7,134 shares of the company’s stock worth $238,000 after acquiring an additional 3,936 shares in the last quarter. Paloma Partners Management Co acquired a new stake in Weight Watchers International during the 1st quarter valued at $242,000. Finally, American International Group Inc. grew its holdings in Weight Watchers International by 7.1% during the 1st quarter. American International Group Inc. now owns 17,080 shares of the company’s stock valued at $266,000 after purchasing an additional 1,127 shares in the last quarter. 86.52% of the stock is owned by hedge funds and other institutional investors.
Weight Watchers International Inc (WTW) traded down $0.35 during trading on Monday, hitting $42.80. 567,916 shares of the stock were exchanged, compared to its average volume of 1,565,537. The company has a debt-to-equity ratio of -1.74, a quick ratio of 0.88 and a current ratio of 0.96. Weight Watchers International Inc has a one year low of $9.88 and a one year high of $54.47. The company has a market cap of $2,760.00, a P/E ratio of 28.77, a P/E/G ratio of 1.83 and a beta of 2.95.
Weight Watchers International (NYSE:WTW) last posted its quarterly earnings results on Monday, November 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.14. Weight Watchers International had a net margin of 9.03% and a negative return on equity of 8.81%. The company had revenue of $323.70 million for the quarter, compared to the consensus estimate of $319.40 million. During the same period last year, the firm posted $0.53 EPS. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. equities analysts expect that Weight Watchers International Inc will post 1.57 EPS for the current year.
A number of research firms recently weighed in on WTW. Zacks Investment Research lowered shares of Weight Watchers International from a “strong-buy” rating to a “hold” rating in a report on Friday. ValuEngine lowered shares of Weight Watchers International from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. BidaskClub raised shares of Weight Watchers International from a “buy” rating to a “strong-buy” rating in a report on Friday, August 11th. Finally, Craig Hallum reaffirmed a “buy” rating and set a $70.00 price target (up from $50.00) on shares of Weight Watchers International in a report on Tuesday, November 7th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Weight Watchers International presently has an average rating of “Hold” and a consensus price target of $35.55.
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Weight Watchers International 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.
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