Swiss National Bank increased its holdings in shares of Weight Watchers International, Inc. (NYSE:WTW) by 37.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,300 shares of the company’s stock after purchasing an additional 18,800 shares during the quarter. Swiss National Bank owned approximately 0.10% of Weight Watchers International worth $7,006,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Intrust Bank NA purchased a new stake in shares of Weight Watchers International during the second quarter worth about $564,000. Evanston Investments Inc. dba Evanston Advisors bought a new position in Weight Watchers International during the second quarter valued at approximately $202,000. American Century Companies Inc. bought a new position in Weight Watchers International during the second quarter valued at approximately $2,521,000. People s United Financial Inc. bought a new position in Weight Watchers International during the second quarter valued at approximately $272,000. Finally, Schwab Charles Investment Management Inc. boosted its stake in Weight Watchers International by 15.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 321,985 shares of the company’s stock valued at $32,553,000 after buying an additional 41,970 shares during the last quarter. Hedge funds and other institutional investors own 91.37% of the company’s stock.

In related news, insider Corinne Pollier-Bousquet sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 8th. The stock was sold at an average price of $80.00, for a total transaction of $200,000.00. Following the completion of the sale, the insider now directly owns 29,456 shares of the company’s stock, valued at approximately $2,356,480. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder S.A. Westend sold 6,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 14th. The stock was sold at an average price of $76.00, for a total value of $456,000,000.00. The disclosure for this sale can be found here. Insiders sold a total of 6,195,223 shares of company stock valued at $470,747,775 over the last ninety days. Corporate insiders own 12.31% of the company’s stock.

NYSE:WTW opened at $66.16 on Friday. The company has a market capitalization of $4.99 billion, a PE ratio of 40.10, a P/E/G ratio of 1.26 and a beta of 2.93. Weight Watchers International, Inc. has a 1 year low of $40.93 and a 1 year high of $105.73. The company has a debt-to-equity ratio of -1.77, a current ratio of 0.77 and a quick ratio of 0.72.

Weight Watchers International (NYSE:WTW) last posted its quarterly earnings data on Monday, August 6th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.13. The business had revenue of $409.70 million during the quarter, compared to analyst estimates of $409.49 million. Weight Watchers International had a negative return on equity of 16.18% and a net margin of 14.96%. The company’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same period last year, the company earned $0.67 EPS. research analysts expect that Weight Watchers International, Inc. will post 2.97 EPS for the current fiscal year.

A number of equities analysts recently commented on WTW shares. SunTrust Banks started coverage on Weight Watchers International in a research note on Tuesday, May 15th. They set a “buy” rating and a $90.00 price target for the company. ValuEngine raised Weight Watchers International from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 18th. Bank of America started coverage on Weight Watchers International in a research note on Tuesday, June 5th. They issued a “buy” rating and a $95.00 price objective for the company. JPMorgan Chase & Co. started coverage on Weight Watchers International in a research note on Tuesday, June 12th. They issued an “overweight” rating and a $105.00 price objective for the company. Finally, DA Davidson started coverage on Weight Watchers International in a research note on Tuesday, June 12th. They issued a “buy” rating and a $143.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Weight Watchers International has an average rating of “Buy” and an average price target of $103.55.

Weight Watchers International Profile

Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.

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

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