Hanseatic Management Services Inc. boosted its position in Weight Watchers International, Inc. (NYSE:WTW) by 17.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,050 shares of the company’s stock after purchasing an additional 1,037 shares during the period. Hanseatic Management Services Inc.’s holdings in Weight Watchers International were worth $312,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WTW. Public Employees Retirement Association of Colorado acquired a new stake in Weight Watchers International in the fourth quarter worth approximately $113,000. Sei Investments Co. lifted its position in Weight Watchers International by 3,364.2% in the third quarter. Sei Investments Co. now owns 4,157 shares of the company’s stock worth $181,000 after purchasing an additional 4,037 shares during the period. Trexquant Investment LP acquired a new stake in Weight Watchers International in the third quarter worth approximately $216,000. Virginia Retirement Systems ET AL acquired a new stake in Weight Watchers International in the third quarter worth approximately $226,000. Finally, Bluestein R H & Co. acquired a new stake in Weight Watchers International in the third quarter worth approximately $240,000. Hedge funds and other institutional investors own 92.10% of the company’s stock.
In other news, Director Oprah Winfrey sold 262,860 shares of the stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $62.92, for a total transaction of $16,539,151.20. Following the completion of the sale, the director now owns 6,009,283 shares in the company, valued at approximately $378,104,086.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Denis F. Kelly acquired 2,200 shares of the business’s stock in a transaction dated Thursday, March 8th. The shares were bought at an average price of $62.43 per share, with a total value of $137,346.00. Following the transaction, the director now directly owns 41,852 shares in the company, valued at approximately $2,612,820.36. The disclosure for this purchase can be found here. 15.75% of the stock is currently owned by corporate insiders.
Shares of Weight Watchers International, Inc. (WTW) opened at $64.86 on Tuesday. Weight Watchers International, Inc. has a 52-week low of $14.12 and a 52-week high of $77.19. The company has a market capitalization of $4,113.75, a price-to-earnings ratio of 27.14, a PEG ratio of 1.64 and a beta of 3.17. The company has a debt-to-equity ratio of -1.71, a quick ratio of 0.52 and a current ratio of 0.61.
Weight Watchers International (NYSE:WTW) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. Weight Watchers International had a negative return on equity of 10.38% and a net margin of 12.52%. The company had revenue of $312.50 million during the quarter, compared to the consensus estimate of $309.35 million. sell-side analysts forecast that Weight Watchers International, Inc. will post 2.58 earnings per share for the current fiscal year.
Weight Watchers International Profile
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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