Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Buys $54,162.00 in Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos acquired 3,186 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was purchased at an average cost of $17.00 per share, with a total value of $54,162.00. Following the completion of the purchase, the chairman directly owned 20,256,668 shares of the company’s stock, valued at approximately $344,363,356. This represents a 0.02% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Luis Campos also recently made the following trade(s):

• On Tuesday, August 4th, Luis Campos bought 21,829 shares of Betterware de Mexico SAPI de C stock. The shares were acquired at an average price of $17.00 per share, for a total transaction of $371,093.00.
• On Friday, July 31st, Luis Campos acquired 3,917 shares of Betterware de Mexico SAPI de C stock. The stock was bought at an average price of $16.93 per share, for a total transaction of $66,314.81.
• On Monday, July 27th, Luis Campos purchased 46,830 shares of Betterware de Mexico SAPI de C stock. The stock was bought at an average cost of $16.41 per share, for a total transaction of $768,480.30.

Betterware de Mexico SAPI de C Stock Up 0.4%

Shares of Betterware de Mexico SAPI de C stock opened at $16.37 on Thursday. Betterware de Mexico SAPI de C has a 52-week low of $12.34 and a 52-week high of $19.79. The company has a 50 day moving average of $17.67 and a 200 day moving average of $17.62. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 2.96. The company has a market capitalization of $610.93 million, a P/E ratio of 8.95 and a beta of 1.05.

Betterware de Mexico SAPI de C (NYSE:BWMX) last released its quarterly earnings data on Wednesday, July 1st. The company reported $0.57 earnings per share (EPS) for the quarter. The business had revenue of $237.83 million during the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%. As a group, research analysts forecast 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th will be paid a dividend of $0.3252 per share. This represents a $1.30 annualized dividend and a dividend yield of 7.9%. 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. Betterware de Mexico SAPI de C’s payout ratio is currently 71.04%.

Wall Street Analyst Weigh In

BWMX has been the topic of a number of analyst reports. Weiss Ratings upgraded 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 lowered shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Hedge Funds Weigh In On Betterware de Mexico SAPI de C

Hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio acquired a new stake in shares of Betterware de Mexico SAPI de C during the first quarter valued at $29,000. Confluence Investment Management LLC raised its stake in Betterware de Mexico SAPI de C by 17.1% in the 2nd quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock valued at $218,000 after purchasing an additional 1,768 shares during the last quarter. State Street Corp lifted its holdings in Betterware de Mexico SAPI de C by 7.0% in 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 in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Betterware de Mexico SAPI de C by 11.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock worth $862,000 after purchasing an additional 6,274 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Betterware de Mexico SAPI de C by 88,706.7% during the 1st quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock worth $225,000 after purchasing an additional 13,306 shares during the last quarter. 12.72% of the stock is currently owned by hedge funds and other institutional investors.

About Betterware de Mexico SAPI de C

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.