Luis Campos Acquires 46,830 Shares of Betterware de Mexico SAPI de C (NYSE:BWMX) Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos bought 46,830 shares of the business’s stock in a transaction dated Monday, July 27th. The stock was acquired at an average cost of $16.41 per share, for a total transaction of $768,480.30. Following the purchase, the chairman owned 20,249,565 shares in the company, valued at approximately $332,295,361.65. This trade represents a 0.23% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Betterware de Mexico SAPI de C Price Performance

Shares of NYSE BWMX opened at $17.58 on Friday. Betterware de Mexico SAPI de C has a 1-year low of $12.34 and a 1-year high of $19.79. The business has a 50-day moving average of $17.81 and a 200-day moving average of $17.65. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.11 and a quick ratio of 0.57. The company has a market capitalization of $656.05 million, a price-to-earnings ratio of 9.61 and a beta of 1.03.

Betterware de Mexico SAPI de C (NYSE:BWMX) last released its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. The business had revenue of $237.83 million during the quarter. On average, equities analysts anticipate that Betterware de Mexico SAPI de C will post 2.48 EPS for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th will be issued a $0.3252 dividend. This is a positive change from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. The ex-dividend date is Thursday, August 6th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 7.4%. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is presently 60.11%.

Analysts Set New Price Targets

BWMX has been the subject of a number of recent research reports. Weiss Ratings raised shares of Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 4th. Zacks Research downgraded Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

A number of institutional investors have recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Betterware de Mexico SAPI de C by 7.0% during the 4th quarter. State Street Corp now owns 90,082 shares of the company’s stock valued at $1,280,000 after purchasing an additional 5,881 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Betterware de Mexico SAPI de C by 11.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock valued at $862,000 after buying an additional 6,274 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Betterware de Mexico SAPI de C by 88,706.7% in the first quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock valued at $225,000 after buying an additional 13,306 shares during the period. Sei Investments Co. bought a new position in Betterware de Mexico SAPI de C during the first quarter valued at about $613,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Betterware de Mexico SAPI de C by 177.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock valued at $1,224,000 after buying an additional 46,452 shares in the last quarter. 12.72% of the stock is currently owned by institutional investors and hedge funds.

Betterware de Mexico SAPI de C Company Profile

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.