Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos Buys 3,917 Shares

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos acquired 3,917 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The shares were purchased at an average cost of $16.93 per share, for a total transaction of $66,314.81. Following the completion of the transaction, the chairman directly owned 20,253,482 shares in the company, valued at $342,891,450.26. The trade was a 0.02% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, July 27th, Luis Campos bought 46,830 shares of Betterware de Mexico SAPI de C stock. The stock was purchased at an average cost of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Trading Down 0.7%

NYSE:BWMX opened at $17.04 on Wednesday. The stock has a market cap of $636.08 million, a price-to-earnings ratio of 9.31 and a beta of 1.05. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 2.96. The company’s 50 day moving average price is $17.82 and its 200-day moving average price is $17.66. Betterware de Mexico SAPI de C has a 52 week low of $12.34 and a 52 week high of $19.79.

Betterware de Mexico SAPI de C (NYSE:BWMX) last announced its quarterly earnings data 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 company had revenue of $237.83 million during the quarter. On average, equities research analysts forecast that Betterware de Mexico SAPI de C will post 2.48 earnings per share for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th will be paid a $0.3252 dividend. 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 7.6%. The ex-dividend date is Thursday, August 6th. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is presently 71.04%.

Institutional Trading of Betterware de Mexico SAPI de C

A number of hedge funds have recently bought and sold shares of BWMX. Lazard Asset Management LLC purchased a new position in Betterware de Mexico SAPI de C in the first quarter worth about $785,000. Arrowstreet Capital Limited Partnership lifted 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 worth $1,224,000 after purchasing an additional 46,452 shares during the period. Sei Investments Co. purchased a new position in shares of Betterware de Mexico SAPI de C in the first quarter worth approximately $613,000. Quattro Financial Advisors LLC boosted 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. Finally, NewEdge Advisors LLC increased its holdings in Betterware de Mexico SAPI de C by 88,706.7% during the first quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock valued at $225,000 after buying an additional 13,306 shares during the last quarter. Hedge funds and other institutional investors own 12.72% of the company’s stock.

Analyst Ratings Changes

BWMX has been the subject of a number of recent analyst reports. Weiss Ratings raised Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 4th. Zacks Research cut shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

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.