UBS Asset Management Americas Inc. Increases Holdings in Weight Watchers International, Inc. (WTW)

UBS Asset Management Americas Inc. raised its position in shares of Weight Watchers International, Inc. (NYSE:WTW) by 126.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,327 shares of the company’s stock after buying an additional 11,894 shares during the quarter. UBS Asset Management Americas Inc.’s holdings in Weight Watchers International were worth $944,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Alambic Investment Management L.P. raised its stake in Weight Watchers International by 208.5% during the fourth quarter. Alambic Investment Management L.P. now owns 61,400 shares of the company’s stock valued at $2,719,000 after buying an additional 41,500 shares in the last quarter. OxFORD Asset Management LLP acquired a new stake in Weight Watchers International during the third quarter valued at approximately $2,746,000. Mizuho Securities USA LLC raised its stake in Weight Watchers International by 7.4% during the fourth quarter. Mizuho Securities USA LLC now owns 35,000 shares of the company’s stock valued at $1,550,000 after buying an additional 2,400 shares in the last quarter. Commerzbank Aktiengesellschaft FI acquired a new stake in Weight Watchers International during the fourth quarter valued at approximately $1,483,000. Finally, Legal & General Group Plc raised its stake in Weight Watchers International by 97.2% during the third quarter. Legal & General Group Plc now owns 13,493 shares of the company’s stock valued at $586,000 after buying an additional 6,652 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

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In related news, Director Oprah Winfrey sold 2,359,702 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $60.48, for a total value of $142,714,776.96. Following the sale, the director now directly owns 6,009,283 shares in the company, valued at approximately $363,441,435.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Denis F. Kelly bought 2,200 shares of the stock in a transaction that occurred on Thursday, March 8th. The stock was acquired at an average price of $62.43 per share, for a total transaction of $137,346.00. Following the completion of the transaction, the director now owns 41,852 shares in the company, valued at $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 stock opened at $63.06 on Friday. The company has a current ratio of 0.61, a quick ratio of 0.52 and a debt-to-equity ratio of -1.71. The firm has a market capitalization of $4,184.93, a P/E ratio of 26.38, a PEG ratio of 1.67 and a beta of 3.17. Weight Watchers International, Inc. has a 1 year low of $14.60 and a 1 year high of $77.19.

Weight Watchers International (NYSE:WTW) last announced its quarterly earnings results on Tuesday, February 27th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. The business had revenue of $312.50 million for the quarter, compared to analysts’ expectations of $309.35 million. Weight Watchers International had a negative return on equity of 10.38% and a net margin of 12.52%. research analysts predict that Weight Watchers International, Inc. will post 2.58 earnings per share for the current fiscal year.

Several analysts have issued reports on WTW shares. B. Riley set a $98.00 price objective on Weight Watchers International and gave the company a “buy” rating in a research note on Thursday, February 22nd. Zacks Investment Research upgraded Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $72.00 price objective on the stock in a research note on Tuesday, March 6th. Craig Hallum upped their price objective on Weight Watchers International from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, February 28th. Sidoti upgraded Weight Watchers International from a “neutral” rating to a “buy” rating in a research note on Monday, March 5th. Finally, ValuEngine upgraded Weight Watchers International from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. Weight Watchers International currently has a consensus rating of “Buy” and an average price target of $72.00.

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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.

Institutional Ownership by Quarter for Weight Watchers International (NYSE:WTW)

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