Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Buys 3,917 Shares of Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos bought 3,917 shares of the business’s stock in a transaction on Friday, July 31st. The stock was acquired at an average cost of $16.93 per share, for a total transaction of $66,314.81. Following the acquisition, the chairman directly owned 20,253,482 shares of the company’s stock, valued at $342,891,450.26. The trade was a 0.02% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Luis Campos also recently made the following trade(s):

• On Monday, July 27th, Luis Campos bought 46,830 shares of Betterware de Mexico SAPI de C stock. The shares were bought at an average cost of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Stock Performance

Shares of Betterware de Mexico SAPI de C stock traded down $0.13 on Tuesday, reaching $17.04. 101,151 shares of the company were exchanged, compared to its average volume of 97,123. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.57 and a current ratio of 1.11. The company’s 50-day moving average is $17.82 and its two-hundred day moving average is $17.66. The firm has a market cap of $636.08 million, a price-to-earnings ratio of 9.31 and a beta of 1.05. Betterware de Mexico SAPI de C has a 1-year low of $12.34 and a 1-year high of $19.79.

Betterware de Mexico SAPI de C (NYSE:BWMX) last announced its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share (EPS) for the quarter. The business had revenue of $237.83 million for the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%. As a group, research analysts expect that Betterware de Mexico SAPI de C will post 2.48 earnings per share for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

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

Wall Street Analyst Weigh In

BWMX has been the subject of several recent 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 raised shares of Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.

Institutional Trading of Betterware de Mexico SAPI de C

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new stake in Betterware de Mexico SAPI de C during the first quarter worth approximately $29,000. Confluence Investment Management LLC increased its stake in Betterware de Mexico SAPI de C by 17.1% in the 2nd quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock worth $218,000 after purchasing an additional 1,768 shares in the last quarter. State Street Corp increased its position in shares of Betterware de Mexico SAPI de C by 7.0% in the fourth quarter. State Street Corp now owns 90,082 shares of the company’s stock worth $1,280,000 after acquiring an additional 5,881 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Betterware de Mexico SAPI de C by 11.5% during the 4th 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 during the period. Finally, NewEdge Advisors LLC lifted its stake in Betterware de Mexico SAPI de C by 88,706.7% in the 1st quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock worth $225,000 after acquiring an additional 13,306 shares in the last quarter. 12.72% of the stock is currently owned by 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.