Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Buys $371,093.00 in Stock

Key Points

• Chairman Luis Campos purchased 21,829 shares of Betterware de Mexico at $17.00 each, a transaction valued at $371,093. He now directly owns approximately 20.28 million shares worth $344.7 million.
• BWMX recently traded at $16.14, below its 50-day and 200-day moving averages, while reporting quarterly EPS of $0.57 on revenue of $237.83 million.
• The company raised its quarterly dividend to $0.3252 per share, equivalent to a $1.30 annualized payout and an approximately 8.1% yield; analysts’ consensus rating remains “Hold.”

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) Chairman Luis Campos bought 21,829 shares of Betterware de Mexico SAPI de C stock in a transaction that occurred on Tuesday, August 4th. The stock was purchased at an average price of $17.00 per share, with a total value of $371,093.00. Following the purchase, the chairman directly owned 20,278,497 shares in the company, valued at $344,734,449. The trade was a 0.11% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Monday, August 3rd, Luis Campos acquired 3,186 shares of Betterware de Mexico SAPI de C stock. The stock was purchased at an average cost of $17.00 per share, for a total transaction of $54,162.00.
• On Friday, July 31st, Luis Campos acquired 3,917 shares of Betterware de Mexico SAPI de C stock. The stock was purchased at an average price of $16.93 per share, with a total value of $66,314.81.
• On Monday, July 27th, Luis Campos bought 46,830 shares of Betterware de Mexico SAPI de C stock. The shares were purchased at an average cost of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Stock Performance

NYSE BWMX traded down $0.58 during trading hours on Monday, reaching $16.14. The stock had a trading volume of 122,425 shares, compared to its average volume of 97,040. The stock has a fifty day moving average of $17.79 and a 200 day moving average of $17.67. The stock has a market cap of $602.34 million, a P/E ratio of 8.82 and a beta of 1.05. Betterware de Mexico SAPI de C has a 52-week low of $12.34 and a 52-week high of $19.79. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.57 and a current ratio of 1.11.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) last posted its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share (EPS) for the quarter. The company had revenue of $237.83 million during the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. Sell-side analysts predict that Betterware de Mexico SAPI de C will post 2.48 earnings per share for the current 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. Shareholders of record on Thursday, August 6th will be issued a $0.3252 dividend. The ex-dividend date of this dividend is Thursday, August 6th. This is a positive change from Betterware de Mexico SAPI de C's previous quarterly dividend of $0.31. This represents a $1.30 annualized dividend and a yield of 8.1%. Betterware de Mexico SAPI de C's dividend payout ratio is currently 71.04%.

Hedge Funds Weigh In On Betterware de Mexico SAPI de C

Large investors have recently made changes to their positions in the company. Quattro Financial Advisors LLC grew its position in Betterware de Mexico SAPI de C by 42.9% during the fourth quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company's stock valued at $710,000 after buying an additional 15,000 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Betterware de Mexico SAPI de C by 11.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company's stock worth $862,000 after acquiring an additional 6,274 shares during the period. State Street Corp boosted its stake in shares of Betterware de Mexico SAPI de C by 7.0% during the 4th quarter. State Street Corp now owns 90,082 shares of the company's stock worth $1,280,000 after acquiring an additional 5,881 shares in the last quarter. Sei Investments Co. purchased a new stake in shares of Betterware de Mexico SAPI de C during the 1st quarter worth about $613,000. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Betterware de Mexico SAPI de C by 177.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company's stock valued at $1,224,000 after acquiring an additional 46,452 shares during the period. 12.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on BWMX shares. Weiss Ratings upgraded Betterware de Mexico SAPI de C from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, June 4th. Zacks Research downgraded Betterware de Mexico SAPI de C from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently 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.

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