Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos Buys 3,186 Shares

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos purchased 3,186 shares of the stock in a transaction on Monday, August 3rd. The stock was acquired at an average price of $17.00 per share, with a total value of $54,162.00. Following the acquisition, the chairman directly owned 20,256,668 shares in the company, valued at $344,363,356. This trade represents a 0.02% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• 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 price of $17.00 per share, for a total transaction of $371,093.00.
• 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, for a total transaction 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 cost of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Stock Performance

NYSE:BWMX opened at $16.14 on Tuesday. The company has a market cap of $602.34 million, a P/E ratio of 8.82 and a beta of 1.05. The firm’s 50 day moving average is $17.76 and its two-hundred day moving average is $17.65. Betterware de Mexico SAPI de C has a fifty-two week low of $12.34 and a fifty-two week high of $19.79. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 2.96.

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 company had revenue of $237.83 million during the quarter. Analysts expect 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 company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th will be paid a $0.3252 dividend. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.30 annualized dividend and a dividend yield of 8.1%. This is an increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. Betterware de Mexico SAPI de C’s dividend payout ratio is presently 71.04%.

Analyst Upgrades and Downgrades

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

Institutional Trading of Betterware de Mexico SAPI de C

Institutional investors have recently added to or reduced their stakes in the stock. Quattro Financial Advisors LLC boosted its stake in Betterware de Mexico SAPI de C by 42.9% during the 4th quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after acquiring an additional 15,000 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Betterware de Mexico SAPI de C by 11.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock worth $862,000 after purchasing an additional 6,274 shares during the last quarter. State Street Corp raised its stake in shares of Betterware de Mexico SAPI de C by 7.0% in 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 in the last quarter. Sei Investments Co. bought a new position in shares of Betterware de Mexico SAPI de C during the first quarter worth about $613,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Betterware de Mexico SAPI de C by 177.8% during the first 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 last quarter. 12.72% of the stock is owned by institutional investors and hedge funds.

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.