Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos Purchases 35,000 Shares

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos acquired 35,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The shares were bought at an average cost of $16.44 per share, for a total transaction of $575,400.00. Following the acquisition, the chairman directly owned 20,358,497 shares in the company, valued at $334,693,690.68. This represents a 0.17% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Tuesday, September 15th, Luis Campos bought 45,000 shares of Betterware de Mexico SAPI de C stock. The shares were bought at an average cost of $16.26 per share, with a total value of $731,700.00.
• On Tuesday, August 4th, Luis Campos purchased 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 Monday, August 3rd, Luis Campos purchased 3,186 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 $54,162.00.
• On Friday, July 31st, Luis Campos purchased 3,917 shares of Betterware de Mexico SAPI de C stock. The stock was purchased at an average cost of $16.93 per share, for a total transaction of $66,314.81.
• On Monday, July 27th, Luis Campos acquired 46,830 shares of Betterware de Mexico SAPI de C stock. The stock was purchased at an average price of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Price Performance

Shares of NYSE:BWMX opened at $15.99 on Friday. The company has a 50 day moving average of $16.60 and a 200 day moving average of $17.16. The stock has a market cap of $631.64 million, a P/E ratio of 8.74 and a beta of 1.04. Betterware de Mexico SAPI de C has a 12 month low of $12.34 and a 12 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.

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 net margin of 8.35% and a return on equity of 77.89%. The business had revenue of $237.83 million for the quarter. As a group, sell-side analysts forecast 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 company also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were issued a $0.3252 dividend. The ex-dividend date of this dividend was Thursday, August 6th. This is an increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. This represents a $1.30 annualized dividend and a dividend yield of 8.1%. Betterware de Mexico SAPI de C’s payout ratio is currently 71.04%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BWMX. Wall Street Zen upgraded Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership raised its stake 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 acquiring an additional 46,452 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at $785,000. Sei Investments Co. purchased a new stake in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at $613,000. NewEdge Advisors LLC grew its holdings in shares of Betterware de Mexico SAPI de C by 48.6% during the 2nd quarter. NewEdge Advisors LLC now owns 19,796 shares of the company’s stock valued at $356,000 after purchasing an additional 6,475 shares during the last quarter. Finally, Confluence Investment Management LLC grew its holdings in shares of Betterware de Mexico SAPI de C by 17.1% during the 2nd quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock valued at $218,000 after purchasing an additional 1,768 shares during the last quarter. 12.72% of the stock is currently owned by institutional investors.

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.