Betterware de Mexico SAPI de C (NYSE:BWMX) Insider Santiago Campos Chevallier Acquires 15,000 Shares of Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) insider Santiago Campos Chevallier purchased 15,000 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were acquired at an average price of $16.46 per share, for a total transaction of $246,900.00. Following the acquisition, the insider directly owned 95,000 shares in the company, valued at $1,563,700. This represents a 18.75% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Betterware de Mexico SAPI de C Trading Down 0.8%

Shares of NYSE:BWMX opened at $15.99 on Friday. The stock 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 1 year low of $12.34 and a 1 year high of $19.79. The firm has a fifty day moving average price of $16.60 and a 200 day moving average price of $17.16. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 2.96.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share for the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%.The company had revenue of $237.83 million for the quarter. Analysts expect that Betterware de Mexico SAPI de C will post 2.5 EPS for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were paid a $0.3252 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend was Thursday, August 6th. This is a positive change from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is 71.04%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio acquired a new position in shares of Betterware de Mexico SAPI de C during the first quarter worth approximately $29,000. Confluence Investment Management LLC grew its stake in shares of Betterware de Mexico SAPI de C by 17.1% in the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock worth $218,000 after acquiring an additional 1,768 shares during the last quarter. NewEdge Advisors LLC increased its position in Betterware de Mexico SAPI de C by 48.6% during the second quarter. NewEdge Advisors LLC now owns 19,796 shares of the company’s stock worth $356,000 after acquiring an additional 6,475 shares during the period. Sei Investments Co. acquired a new position in Betterware de Mexico SAPI de C during the 1st quarter valued at $613,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in Betterware de Mexico SAPI de C by 177.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock valued at $1,224,000 after purchasing an additional 46,452 shares during the last quarter. 12.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on BWMX. Weiss Ratings reiterated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a report on Tuesday, September 1st. Wall Street Zen upgraded shares of Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 5th. One investment 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, Betterware de Mexico SAPI de C presently has an average rating of “Hold”.

Betterware de Mexico SAPI de C Company Profile

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.