Sei Investments Co. Makes New Investment in Betterware de Mexico SAPI de C $BWMX

Sei Investments Co. purchased a new position in shares of Betterware de Mexico SAPI de C (NYSE:BWMX) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 36,371 shares of the company’s stock, valued at approximately $613,000. Sei Investments Co. owned about 0.10% of Betterware de Mexico SAPI de C as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. State Street Corp grew 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 worth $1,280,000 after purchasing an additional 5,881 shares during the last quarter. Goldman Sachs Group Inc. increased 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 in the last quarter. Finally, Quattro Financial Advisors LLC raised its holdings in shares of Betterware de Mexico SAPI de C by 42.9% in the fourth quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock worth $710,000 after buying an additional 15,000 shares during the last quarter. Institutional investors and hedge funds own 12.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Weiss Ratings upgraded 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. Zacks Research lowered shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.

Betterware de Mexico SAPI de C Price Performance

NYSE:BWMX opened at $16.44 on Friday. 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 has a 52 week low of $12.34 and a 52 week high of $19.79. The stock’s 50-day moving average price is $17.59 and its 200-day moving average price is $17.59. The stock has a market capitalization of $613.69 million, a PE ratio of 8.99 and a beta of 1.05.

Betterware de Mexico SAPI de C (NYSE:BWMX) last released its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share for the quarter. The company had revenue of $237.83 million during 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, equities analysts expect that Betterware de Mexico SAPI de C will post 2.48 EPS for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th will be given a $0.3252 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 7.9%. This is a boost from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. The ex-dividend date is Thursday, August 6th. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is presently 71.04%.

Insider Buying and Selling at Betterware de Mexico SAPI de C

In other Betterware de Mexico SAPI de C news, Chairman Luis Campos bought 46,830 shares of Betterware de Mexico SAPI de C stock in a transaction dated Monday, July 27th. The stock was acquired at an average cost of $16.41 per share, with a total value of $768,480.30. Following the purchase, the chairman directly owned 20,249,565 shares in the company, valued at $332,295,361.65. This represents a 0.23% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Over the last three months, insiders purchased 75,762 shares of company stock worth $1,260,050.

Betterware de Mexico SAPI de C 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.