Insider Buying: Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Buys $731,700.00 in Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos acquired 45,000 shares of the stock in a transaction dated Tuesday, September 15th. The shares were bought at an average price of $16.26 per share, with a total value of $731,700.00. Following the completion of the transaction, the chairman directly owned 20,323,497 shares of the company’s stock, valued at $330,460,061.22. The trade was a 0.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, September 16th, Luis Campos acquired 35,000 shares of Betterware de Mexico SAPI de C stock. The stock was bought at an average cost of $16.44 per share, for a total transaction of $575,400.00.
• On Tuesday, August 4th, Luis Campos bought 21,829 shares of Betterware de Mexico SAPI de C stock. The stock was bought at an average price 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 shares were purchased at an average cost of $17.00 per share, with a total value of $54,162.00.
• On Friday, July 31st, Luis Campos purchased 3,917 shares of Betterware de Mexico SAPI de C stock. The shares were purchased at an average price 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 purchased at an average price of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Trading Down 0.8%

Shares of NYSE BWMX traded down $0.14 during midday trading on Thursday, reaching $15.99. The stock had a trading volume of 47,227 shares, compared to its average volume of 93,942. The company’s 50 day moving average price is $16.64 and its 200 day moving average price is $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. Betterware de Mexico SAPI de C has a twelve month low of $12.34 and a twelve month high of $19.79. The firm has a market cap of $631.64 million, a price-to-earnings ratio of 8.74 and a beta of 1.04.

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 for the quarter. The company had revenue of $237.83 million during the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. As a group, sell-side 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 firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were paid a $0.3252 dividend. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 8.1%. 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 presently 71.04%.

Hedge Funds Weigh In On Betterware de Mexico SAPI de C

Institutional investors and hedge funds have recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership grew 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 buying an additional 46,452 shares during the period. Lazard Asset Management LLC acquired a new position in Betterware de Mexico SAPI de C during the 1st quarter worth approximately $785,000. Sei Investments Co. bought a new position in Betterware de Mexico SAPI de C in the first quarter worth approximately $613,000. NewEdge Advisors LLC boosted its holdings 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 worth $356,000 after acquiring an additional 6,475 shares in the last quarter. Finally, Confluence Investment Management LLC grew its stake in 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 valued at $218,000 after acquiring an additional 1,768 shares during the period. Institutional investors own 12.72% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on BWMX shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research note on Tuesday, September 1st. Wall Street Zen raised 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 assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus 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.