Insider Buying: Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Buys $768,480.30 in Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos bought 46,830 shares of Betterware de Mexico SAPI de C stock in a transaction on Monday, July 27th. The stock was acquired at an average price of $16.41 per share, for a total transaction of $768,480.30. Following the purchase, the chairman owned 20,249,565 shares of the company’s stock, valued at approximately $332,295,361.65. This trade represents a 0.23% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Betterware de Mexico SAPI de C Stock Down 3.1%

NYSE:BWMX opened at $17.05 on Friday. The company has a market cap of $636.12 million, a price-to-earnings ratio of 9.31 and a beta of 1.03. Betterware de Mexico SAPI de C has a twelve month low of $12.34 and a twelve month high of $19.79. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 2.96. The stock has a fifty day simple moving average of $17.81 and a 200-day simple moving average of $17.64.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 EPS for the quarter. The firm had revenue of $237.83 million for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. Analysts anticipate that Betterware de Mexico SAPI de C will post 2.48 EPS for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be given a $0.3252 dividend. This is a positive change from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.30 annualized dividend and a yield of 7.6%. Betterware de Mexico SAPI de C’s dividend payout ratio is presently 60.11%.

Analysts Set New Price Targets

BWMX has been the topic of a number of research reports. Zacks Research lowered shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 29th. Weiss Ratings upgraded Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Institutional Trading of Betterware de Mexico SAPI de C

A number of hedge funds have recently added to or reduced their stakes in BWMX. State Street Corp increased its position in Betterware de Mexico SAPI de C by 7.0% during the 4th quarter. State Street Corp now owns 90,082 shares of the company’s stock valued at $1,280,000 after purchasing an additional 5,881 shares during the period. Arrowstreet Capital Limited Partnership lifted its position 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 period. Goldman Sachs Group Inc. boosted its stake in shares of Betterware de Mexico SAPI de C by 11.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock valued at $862,000 after purchasing an additional 6,274 shares in the last quarter. Quattro Financial Advisors LLC boosted its stake in shares of Betterware de Mexico SAPI de C by 42.9% during the fourth quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after purchasing an additional 15,000 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new position in Betterware de Mexico SAPI de C in the first quarter worth approximately $785,000. 12.72% of the stock is owned by hedge funds and other institutional investors.

Betterware de Mexico SAPI de C Company Profile

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.