Weight Watchers International Inc. (NYSE:WTW)’s share price dropped 4.4% on Monday . The company traded as low as $11.40 and last traded at $11.41, with a volume of 799,905 shares trading hands. The stock had previously closed at $11.93.

WTW has been the topic of a number of research analyst reports. Vetr upgraded shares of Weight Watchers International from a “hold” rating to a “buy” rating and set a $15.41 price target on the stock in a report on Tuesday, April 19th. Sidoti initiated coverage on shares of Weight Watchers International in a report on Tuesday, May 24th. They set a “buy” rating and a $25.00 target price on the stock. Finally, Zacks Investment Research upgraded shares of Weight Watchers International from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Saturday, May 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. Weight Watchers International has an average rating of “Hold” and an average price target of $17.43.

The stock has a 50 day moving average of $12.02 and a 200-day moving average of $13.11. The stock has a market cap of $670.26 million and a PE ratio of 22.83.

In other news, Director Denis F. Kelly purchased 10,000 shares of the business’s stock in a transaction dated Monday, May 9th. The shares were acquired at an average price of $12.21 per share, for a total transaction of $122,100.00. Following the completion of the acquisition, the director now directly owns 35,914 shares of the company’s stock, valued at $438,509.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Other large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System raised its stake in 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 in the last quarter. Russell Frank Co bought a new position in Weight Watchers International during the fourth quarter valued at $1,867,000. Finally, Dimensional Fund Advisors LP raised its position in Weight Watchers International by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 110,076 shares of the company’s stock valued at $2,510,000 after buying an additional 5,475 shares in the last quarter.

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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