Mmbg Investment Advisors CO. Increases Stake in Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX)

Mmbg Investment Advisors CO. grew its position in Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Free Report) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,090,782 shares of the company's stock after purchasing an additional 27,670 shares during the quarter. Betterware de México, S.A.P.I. de C.V. makes up approximately 4.9% of Mmbg Investment Advisors CO.'s portfolio, making the stock its 6th largest holding. Mmbg Investment Advisors CO. owned 10.96% of Betterware de México, S.A.P.I. de C.V. worth $45,735,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets bought a new position in Betterware de México, S.A.P.I. de C.V. in the fourth quarter worth $555,000. Commons Capital LLC acquired a new position in shares of Betterware de México, S.A.P.I. de C.V. in the 4th quarter valued at $430,000. Proficio Capital Partners LLC raised its stake in shares of Betterware de México, S.A.P.I. de C.V. by 34.3% in the 4th quarter. Proficio Capital Partners LLC now owns 15,671 shares of the company's stock valued at $175,000 after buying an additional 4,000 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Betterware de México, S.A.P.I. de C.V. by 112.4% during the 4th quarter. Blue Trust Inc. now owns 5,394 shares of the company's stock worth $60,000 after acquiring an additional 2,854 shares during the period. 12.72% of the stock is currently owned by institutional investors and hedge funds.

Betterware de México, S.A.P.I. de C.V. Price Performance

NASDAQ:BWMX traded down $0.20 during mid-day trading on Thursday, hitting $9.35. The company's stock had a trading volume of 40,886 shares, compared to its average volume of 28,825. The company has a market capitalization of $348.91 million, a price-to-earnings ratio of 6.68 and a beta of 1.27. The company has a current ratio of 1.07, a quick ratio of 0.50 and a debt-to-equity ratio of 3.85. Betterware de México, S.A.P.I. de C.V. has a fifty-two week low of $9.00 and a fifty-two week high of $17.51. The stock has a fifty day moving average of $10.63 and a 200-day moving average of $11.30.

Betterware de México, S.A.P.I. de C.V. Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be issued a $0.2463 dividend. This represents a dividend yield of 10.58%. The ex-dividend date of this dividend is Monday, May 12th. Betterware de México, S.A.P.I. de C.V.'s payout ratio is currently 134.57%.

Betterware de México, S.A.P.I. de C.V. Profile

Betterware de México, SAP.I. de C.V. operates as a direct-to-consumer selling company in the United Staes and Mexico. It operates through two segments, Home Organization Products; and Beauty and Personal Care Products. The Home Organization Products segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; wellness; and technology and mobility.