Weight Watchers International Inc. (NYSE:WTW) shares rose 3.8% during mid-day trading on Friday . The stock traded as high as $12.00 and last traded at $11.92, with a volume of 1,775,866 shares. The stock had previously closed at $11.48.

WTW has been the subject of several research analyst reports. Zacks Investment Research cut Weight Watchers International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 6th. Sidoti started coverage on Weight Watchers International in a research report on Tuesday, May 24th. They issued a “buy” rating and a $25.00 price target for the company. Finally, Vetr upgraded Weight Watchers International from a “hold” rating to a “buy” rating and set a $15.41 price target for the company in a research report on Tuesday, April 19th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $17.43.

The company has a market cap of $761.54 million and a price-to-earnings ratio of 25.93. The company’s 50 day moving average price is $12.17 and its 200-day moving average price is $13.18.

Weight Watchers International (NYSE:WTW) last released its quarterly earnings data on Wednesday, May 4th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.18) by $0.01. During the same quarter in the prior year, the firm earned ($0.09) EPS. The company had revenue of $306.90 million for the quarter, compared to analyst estimates of $308.90 million. The company’s revenue for the quarter was down 4.7% compared to the same quarter last year. On average, equities research analysts expect that Weight Watchers International Inc. will post $0.94 EPS for the current year.

In related news, Director Denis F. Kelly acquired 10,000 shares of Weight Watchers International stock in a transaction that occurred on Monday, May 9th. The stock was acquired at an average price of $12.21 per share, for a total transaction of $122,100.00. Following the transaction, the director now directly owns 35,914 shares of the company’s stock, valued at approximately $438,509.94. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

A number of hedge funds and institutional investors have made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of Weight Watchers International by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 110,076 shares of the company’s stock worth $2,510,000 after buying an additional 5,475 shares during the period. California State Teachers Retirement System raised its position in shares of Weight Watchers International by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 51,202 shares of the company’s stock worth $1,167,000 after buying an additional 935 shares during the period. Finally, Russell Frank Co acquired a new position in shares of Weight Watchers International during the fourth quarter worth about $1,867,000.

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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