Luis Campos Acquires 35,000 Shares of Betterware de Mexico SAPI de C (NYSE:BWMX) Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos purchased 35,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was bought at an average cost of $16.44 per share, with a total value of $575,400.00. Following the acquisition, the chairman owned 20,358,497 shares of the company’s stock, valued at approximately $334,693,690.68. The trade was a 0.17% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Tuesday, September 15th, Luis Campos acquired 45,000 shares of Betterware de Mexico SAPI de C stock. The shares were bought at an average cost of $16.26 per share, for a total transaction of $731,700.00.
• On Tuesday, August 4th, Luis Campos acquired 21,829 shares of Betterware de Mexico SAPI de C stock. The shares were bought at an average cost of $17.00 per share, for a total transaction of $371,093.00.
• On Monday, August 3rd, Luis Campos bought 3,186 shares of Betterware de Mexico SAPI de C stock. The stock was bought at an average price of $17.00 per share, with a total value of $54,162.00.
• On Friday, July 31st, Luis Campos bought 3,917 shares of Betterware de Mexico SAPI de C stock. The stock was bought at an average cost of $16.93 per share, with a total value of $66,314.81.
• On Monday, July 27th, Luis Campos purchased 46,830 shares of Betterware de Mexico SAPI de C stock. The shares were bought at an average price of $16.41 per share, for a total transaction of $768,480.30.

Betterware de Mexico SAPI de C Trading Down 0.8%

Shares of NYSE BWMX traded down $0.14 during trading on Thursday, hitting $15.99. 47,227 shares of the company were exchanged, compared to its average volume of 93,942. The company has a fifty day moving average price of $16.64 and a 200-day moving average price of $17.17. 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 firm has a market capitalization of $631.64 million, a PE ratio of 8.74 and a beta of 1.04. Betterware de Mexico SAPI de C has a 12-month low of $12.34 and a 12-month high of $19.79.

Betterware de Mexico SAPI de C (NYSE:BWMX) last announced its quarterly earnings data on Wednesday, July 1st. The company reported $0.57 earnings per share (EPS) for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. The firm had revenue of $237.83 million during the quarter. As a group, equities research analysts expect that Betterware de Mexico SAPI de C will post 2.5 EPS for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were paid 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 was Thursday, August 6th. This represents a $1.30 annualized dividend and a dividend yield of 8.1%. Betterware de Mexico SAPI de C’s dividend payout ratio is currently 71.04%.

Institutional Trading of Betterware de Mexico SAPI de C

Several institutional investors and hedge funds have recently bought and sold shares of BWMX. NewEdge Advisors LLC lifted its position in Betterware de Mexico SAPI de C by 48.6% in the second quarter. NewEdge Advisors LLC now owns 19,796 shares of the company’s stock valued at $356,000 after buying an additional 6,475 shares during the last quarter. Confluence Investment Management LLC increased its position in shares of Betterware de Mexico SAPI de C by 17.1% during the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock valued at $218,000 after acquiring an additional 1,768 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in shares of Betterware de Mexico SAPI de C during the first quarter valued at about $785,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at approximately $29,000. Finally, Arrowstreet Capital Limited Partnership raised its stake 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 valued at $1,224,000 after acquiring an additional 46,452 shares during the period. 12.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BWMX has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 5th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

About Betterware de Mexico SAPI de C

Betterware de México, SAP.I. de C.V. is a Mexico-based direct-to-consumer company that develops, markets and distributes products designed to improve household organization and everyday living. Its product portfolio has included storage and organization solutions, kitchen and cleaning products, home accessories, personal-care items and other consumer goods.

The company primarily reaches customers through an independent sales force and catalog- and digitally supported direct-selling channels.