Quadrature Capital Ltd cut its holdings in Weight Watchers International, Inc. (NYSE:WTW) by 60.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,864 shares of the company’s stock after selling 29,241 shares during the period. Quadrature Capital Ltd’s holdings in Weight Watchers International were worth $835,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of WTW. Public Employees Retirement Association of Colorado bought a new stake in shares of Weight Watchers International in the 4th quarter worth about $113,000. Sei Investments Co. increased its holdings in shares of Weight Watchers International by 3,364.2% in the 3rd quarter. Sei Investments Co. now owns 4,157 shares of the company’s stock worth $181,000 after buying an additional 4,037 shares during the last quarter. Trexquant Investment LP bought a new stake in shares of Weight Watchers International in the 3rd quarter worth about $216,000. Virginia Retirement Systems ET AL bought a new stake in shares of Weight Watchers International in the 3rd quarter worth about $226,000. Finally, Bluestein R H & Co. bought a new stake in shares of Weight Watchers International in the 3rd quarter worth about $240,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.
Weight Watchers International, Inc. (NYSE:WTW) opened at $69.83 on Wednesday. Weight Watchers International, Inc. has a 52 week low of $13.09 and a 52 week high of $77.19. The company has a current ratio of 0.96, a quick ratio of 0.88 and a debt-to-equity ratio of -1.74. The company has a market cap of $4,510.00, a PE ratio of 41.57, a P/E/G ratio of 2.96 and a beta of 3.35.
A number of analysts have recently weighed in on the stock. B. Riley set a $86.00 target price on shares of Weight Watchers International and gave the stock a “buy” rating in a report on Thursday, February 22nd. Craig Hallum restated a “buy” rating and issued a $70.00 target price (up from $50.00) on shares of Weight Watchers International in a report on Tuesday, November 7th. Zacks Investment Research downgraded shares of Weight Watchers International from a “strong-buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, ValuEngine downgraded shares of Weight Watchers International from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $59.00.
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About Weight Watchers International
Weight Watchers International, Inc is a provider of weight management services. The Company operates globally through a network of Company-owned and franchise operations. The Company’s branded products and services include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications.
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