American International Group Inc. boosted its position in shares of Weight Watchers International Inc (NYSE:WTW) by 7.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,080 shares of the company’s stock after buying an additional 1,127 shares during the period. American International Group Inc.’s holdings in Weight Watchers International were worth $266,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. FFT Wealth Management LLC purchased a new stake in Weight Watchers International during the first quarter worth approximately $171,000. Brandes Investment Partners LP bought a new position in shares of Weight Watchers International during the first quarter valued at about $173,000. Karp Capital Management Corp bought a new position in shares of Weight Watchers International during the first quarter valued at about $174,000. Searle & CO. bought a new position in shares of Weight Watchers International during the fourth quarter valued at about $137,000. Finally, UBS Asset Management Americas Inc. bought a new position in shares of Weight Watchers International during the first quarter valued at about $210,000. 86.41% of the stock is currently owned by institutional investors.

Weight Watchers International Inc (NYSE:WTW) opened at 39.12 on Tuesday. The company has a market capitalization of $2.51 billion, a price-to-earnings ratio of 29.19 and a beta of 3.04. The company’s 50-day moving average is $32.30 and its 200 day moving average is $20.96. Weight Watchers International Inc has a 52 week low of $9.37 and a 52 week high of $39.22.

Weight Watchers International (NYSE:WTW) last released its quarterly earnings results on Tuesday, May 2nd. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.04. The business had revenue of $329.10 million for the quarter, compared to analysts’ expectations of $322.80 million. Weight Watchers International had a net margin of 7.51% and a negative return on equity of 6.30%. On average, analysts forecast that Weight Watchers International Inc will post $1.29 EPS for the current fiscal year.

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Several research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Weight Watchers International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 5th. ValuEngine raised shares of Weight Watchers International from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Sidoti lowered shares of Weight Watchers International from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 30th. Finally, Morgan Stanley increased their target price on shares of Weight Watchers International from $13.00 to $18.00 and gave the stock an “underweight” rating in a research note on Monday, May 8th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $20.44.

In related news, insider Corinne Pollier-Bousquet sold 6,600 shares of Weight Watchers International stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $25.75, for a total value of $169,950.00. Following the sale, the insider now owns 12,795 shares in the company, valued at $329,471.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 15.75% of the company’s stock.

Weight Watchers International Company Profile

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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Institutional Ownership by Quarter for Weight Watchers International (NYSE:WTW)

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