Capital Growth Management LP lessened its position in shares of Weight Watchers International, Inc. (NYSE:WTW) by 40.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,000 shares of the company’s stock after selling 20,000 shares during the period. Capital Growth Management LP’s holdings in Weight Watchers International were worth $1,328,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of WTW. Public Employees Retirement Association of Colorado bought a new stake in shares of Weight Watchers International during the fourth quarter worth approximately $113,000. Sei Investments Co. boosted its holdings in shares of Weight Watchers International by 3,364.2% during the third quarter. Sei Investments Co. now owns 4,157 shares of the company’s stock worth $181,000 after acquiring an additional 4,037 shares during the period. Trexquant Investment LP bought a new stake in shares of Weight Watchers International during the third quarter worth approximately $216,000. Virginia Retirement Systems ET AL bought a new stake in shares of Weight Watchers International during the third quarter worth approximately $226,000. Finally, Bluestein R H & Co. bought a new stake in shares of Weight Watchers International during the third quarter worth approximately $240,000. Institutional investors own 87.35% of the company’s stock.
Shares of Weight Watchers International, Inc. (NYSE:WTW) opened at $74.78 on Monday. The company has a debt-to-equity ratio of -1.74, a current ratio of 0.96 and a quick ratio of 0.88. The stock has a market capitalization of $4,830.00, a P/E ratio of 44.51, a P/E/G ratio of 3.01 and a beta of 3.35. Weight Watchers International, Inc. has a 12 month low of $12.05 and a 12 month high of $76.09.
A number of brokerages have recently issued reports on WTW. Craig Hallum restated a “buy” rating and set a $80.00 price objective (up previously from $70.00) on shares of Weight Watchers International in a report on Wednesday, February 7th. Zacks Investment Research cut Weight Watchers International from a “strong-buy” rating to a “hold” rating in a report on Friday, December 1st. B. Riley boosted their price objective on Weight Watchers International from $65.00 to $86.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Finally, ValuEngine cut Weight Watchers International from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $59.00.
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About Weight Watchers International
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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