Public Employees Retirement Association of Colorado purchased a new position in shares of Weight Watchers International, Inc. (NYSE:WTW) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,541 shares of the company’s stock, valued at approximately $113,000.
A number of other institutional investors have also recently added to or reduced their stakes in WTW. Victory Capital Management Inc. purchased a new position in Weight Watchers International during the fourth quarter worth about $20,739,000. 1060 Capital LLC purchased a new position in Weight Watchers International during the fourth quarter worth about $18,124,000. Dimensional Fund Advisors LP boosted its holdings in Weight Watchers International by 122.8% during the third quarter. Dimensional Fund Advisors LP now owns 580,953 shares of the company’s stock worth $25,300,000 after purchasing an additional 320,227 shares during the last quarter. Macquarie Group Ltd. boosted its holdings in Weight Watchers International by 29.0% during the third quarter. Macquarie Group Ltd. now owns 870,965 shares of the company’s stock worth $37,931,000 after purchasing an additional 195,548 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in Weight Watchers International during the third quarter worth about $4,751,000. Institutional investors and hedge funds own 89.30% of the company’s stock.
Weight Watchers International, Inc. (NYSE WTW) opened at $72.43 on Wednesday. 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 firm has a market cap of $4,670.00, a PE ratio of 43.11, a price-to-earnings-growth ratio of 3.01 and a beta of 3.35. Weight Watchers International, Inc. has a 52 week low of $12.05 and a 52 week high of $77.19.
Several research analysts recently weighed in on WTW shares. B. Riley boosted their price target on shares of Weight Watchers International from $65.00 to $86.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. ValuEngine cut shares of Weight Watchers International from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Zacks Investment Research cut shares of Weight Watchers International from a “strong-buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Craig Hallum restated a “buy” rating and set a $80.00 price target (up from $70.00) on shares of Weight Watchers International in a report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $59.00.
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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.
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