Jefferies Group LLC grew its stake in shares of Weight Watchers International, Inc. (NYSE:WTW) by 305.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,723 shares of the company’s stock after acquiring an additional 17,876 shares during the quarter. Jefferies Group LLC’s holdings in Weight Watchers International were worth $1,050,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of WTW. Renaissance Technologies LLC increased its holdings in shares of Weight Watchers International by 605.2% during the fourth quarter. Renaissance Technologies LLC now owns 692,500 shares of the company’s stock valued at $30,664,000 after acquiring an additional 594,300 shares in the last quarter. Victory Capital Management Inc. bought a new stake in Weight Watchers International in the 4th quarter worth about $20,739,000. 1060 Capital LLC bought a new stake in Weight Watchers International in the 4th quarter worth about $18,124,000. Dimensional Fund Advisors LP increased its holdings in Weight Watchers International by 122.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 580,953 shares of the company’s stock worth $25,300,000 after buying an additional 320,227 shares in the last quarter. Finally, Macquarie Group Ltd. increased its holdings in Weight Watchers International by 29.0% in the 3rd quarter. Macquarie Group Ltd. now owns 870,965 shares of the company’s stock worth $37,931,000 after buying an additional 195,548 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.
In other Weight Watchers International news, Director Oprah Winfrey sold 2,359,702 shares of the firm’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $60.48, for a total value of $142,714,776.96. Following the transaction, the director now directly owns 6,009,283 shares of the company’s stock, valued at $363,441,435.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Denis F. Kelly bought 2,200 shares of the company’s stock in a transaction on Thursday, March 8th. The stock was purchased at an average cost of $62.43 per share, for a total transaction of $137,346.00. Following the completion of the transaction, the director now directly owns 41,852 shares of the company’s stock, valued at approximately $2,612,820.36. The disclosure for this purchase can be found here. Company insiders own 15.75% of the company’s stock.
NYSE:WTW traded down $3.74 on Friday, hitting $60.36. The stock had a trading volume of 1,459,724 shares, compared to its average volume of 1,312,899. The stock has a market capitalization of $3,905.41, a price-to-earnings ratio of 36.58, a PEG ratio of 1.56 and a beta of 3.23. The company has a debt-to-equity ratio of -1.71, a quick ratio of 0.52 and a current ratio of 0.61. Weight Watchers International, Inc. has a 52-week low of $15.60 and a 52-week high of $77.19.
Weight Watchers International (NYSE:WTW) last announced its earnings results on Tuesday, February 27th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.06. The business had revenue of $312.50 million for the quarter, compared to analysts’ expectations of $309.35 million. Weight Watchers International had a negative return on equity of 10.38% and a net margin of 12.52%. equities analysts forecast that Weight Watchers International, Inc. will post 2.58 earnings per share for the current fiscal year.
Several equities research analysts recently commented on the company. ValuEngine upgraded Weight Watchers International from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Craig Hallum reiterated a “buy” rating and issued a $80.00 price objective (up from $70.00) on shares of Weight Watchers International in a report on Wednesday, February 7th. B. Riley reiterated a “buy” rating and issued a $98.00 price objective (up from $86.00) on shares of Weight Watchers International in a report on Wednesday, February 28th. Zacks Investment Research upgraded Weight Watchers International from a “strong sell” rating to a “hold” rating in a report on Friday, January 26th. Finally, Sidoti upgraded Weight Watchers International from a “neutral” rating to a “buy” rating in a report on Monday, March 5th. One analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $72.00.
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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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