Betterware de Mexico SAPI de C (NYSE:BWMX) CEO Andres Campos Chevallier Acquires 30,000 Shares

Betterware de Mexico SAPI de C (NYSE:BWMX) CEO Andres Campos Chevallier bought 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The stock was acquired at an average price of $16.41 per share, for a total transaction of $492,300.00. Following the completion of the acquisition, the chief executive officer directly owned 80,000 shares in the company, valued at approximately $1,312,800. This represents a 60.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Betterware de Mexico SAPI de C Stock Performance

Shares of BWMX opened at $15.99 on Friday. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.11 and a quick ratio of 0.57. Betterware de Mexico SAPI de C has a one year low of $12.34 and a one year high of $19.79. The company has a 50-day moving average of $16.60 and a two-hundred day moving average of $17.16. The stock has a market cap of $631.64 million, a price-to-earnings ratio of 8.74 and a beta of 1.04.

Betterware de Mexico SAPI de C (NYSE:BWMX) last announced its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 EPS 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 company had revenue of $237.83 million for the quarter. On average, equities research analysts expect that Betterware de Mexico SAPI de C will post 2.5 earnings per share for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were issued a $0.3252 dividend. This is an increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $1.30 dividend on an annualized basis and a yield of 8.1%. Betterware de Mexico SAPI de C’s payout ratio is 71.04%.

Analyst Ratings Changes

A number of analysts have commented on BWMX shares. Wall Street Zen upgraded Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Betterware de Mexico SAPI de C presently has an average rating of “Hold”.

Institutional Trading of Betterware de Mexico SAPI de C

Several institutional investors have recently bought and sold shares of BWMX. Public Employees Retirement System of Ohio acquired a new position in Betterware de Mexico SAPI de C during the first quarter worth $29,000. Confluence Investment Management LLC boosted its stake in shares of 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 in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Betterware de Mexico SAPI de C by 48.6% in the 2nd quarter. NewEdge Advisors LLC now owns 19,796 shares of the company’s stock valued at $356,000 after purchasing an additional 6,475 shares in the last quarter. Sei Investments Co. bought a new stake in shares of Betterware de Mexico SAPI de C in the 1st quarter worth about $613,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Betterware de Mexico SAPI de C by 177.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock worth $1,224,000 after purchasing an additional 46,452 shares during the last quarter. Institutional investors and hedge funds own 12.72% of the company’s stock.

Betterware de Mexico SAPI de C Company Profile

Betterware de México, SAP.I. de C.V. is a Mexico-based direct-to-consumer company that develops, markets and distributes products designed to improve household organization and everyday living. Its product portfolio has included storage and organization solutions, kitchen and cleaning products, home accessories, personal-care items and other consumer goods.

The company primarily reaches customers through an independent sales force and catalog- and digitally supported direct-selling channels.