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

Sei Investments Co. bought a new position in shares of Betterware de Mexico SAPI de C (NYSE:BWMX) during the 1st quarter, HoldingsChannel reports. The fund bought 36,371 shares of the company’s stock, valued at approximately $613,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp increased its holdings in shares of 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 buying an additional 5,881 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in 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 valued at $862,000 after buying an additional 6,274 shares during the period. Finally, Quattro Financial Advisors LLC raised its holdings in Betterware de Mexico SAPI de C by 42.9% in the 4th quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after buying an additional 15,000 shares during the period. Institutional investors and hedge funds own 12.72% of the company’s stock.

Betterware de Mexico SAPI de C Trading Up 0.2%

Shares of NYSE BWMX opened at $16.44 on Friday. Betterware de Mexico SAPI de C has a twelve month low of $12.34 and a twelve month high of $19.79. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 2.96. The stock has a fifty day simple moving average of $17.59 and a 200-day simple moving average of $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 posted 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 return on equity of 77.89% and a net margin of 8.35%.The firm had revenue of $237.83 million for the quarter. On average, equities analysts forecast that Betterware de Mexico SAPI de C will post 2.48 earnings per share for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be given a $0.3252 dividend. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.30 annualized dividend and a yield of 7.9%. 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%.

Analysts Set New Price Targets

BWMX has been the subject of several research analyst reports. 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. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Insider Transactions at Betterware de Mexico SAPI de C

In other Betterware de Mexico SAPI de C news, Chairman Luis Campos purchased 21,829 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were bought at an average cost of $17.00 per share, for a total transaction of $371,093.00. Following the completion of the purchase, the chairman directly owned 20,278,497 shares of the company’s stock, valued at approximately $344,734,449. This trade represents a 0.11% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have bought 75,762 shares of company stock worth $1,260,050 in the last 90 days.

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.