Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Sees Unusually-High Trading Volume - Still a Buy?

Key Points

• Betterware de México, S.A.P.I. de C.V. experienced a significant increase in trading volume on Monday, with 48,895 shares traded, marking an 18% rise from the previous session.
• The company recently cut its dividend, paying shareholders a $0.2463 dividend, which represents a striking dividend yield of 1,058.0%.
• Institutional investors now hold 12.72% of Betterware's stock, with multiple hedge funds increasing their positions in the company during recent quarters.

Shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Get Free Report) saw an uptick in trading volume on Monday . 48,895 shares were traded during mid-day trading, an increase of 18% from the previous session's volume of 41,454 shares.The stock last traded at $14.18 and had previously closed at $13.10.

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

The stock has a fifty day simple moving average of $9.35 and a 200-day simple moving average of $10.29. The stock has a market cap of $479.34 million, a P/E ratio of 9.18 and a beta of 1.24. The company has a debt-to-equity ratio of 3.85, a quick ratio of 0.50 and a current ratio of 1.07.

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

The company also recently announced a dividend, which will be paid on Thursday, August 28th. Shareholders of record on Tuesday, August 12th will be issued a dividend of $0.2566 per share. This is a boost from Betterware de México, S.A.P.I. de C.V.'s previous dividend of $0.25. The ex-dividend date is Monday, August 11th. This represents a yield of 783.0%. Betterware de México, S.A.P.I. de C.V.'s dividend payout ratio is currently 137.97%.

Hedge Funds Weigh In On Betterware de México, S.A.P.I. de C.V.

A number of large investors have recently modified their holdings of BWMX. Quattro Financial Advisors LLC bought a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the first quarter worth approximately $114,000. Banque Cantonale Vaudoise bought a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the first quarter worth approximately $139,000. Vident Advisory LLC raised its position in shares of Betterware de México, S.A.P.I. de C.V. by 18.1% in the fourth quarter. Vident Advisory LLC now owns 13,880 shares of the company's stock valued at $155,000 after buying an additional 2,126 shares in the last quarter. Sandia Investment Management LP raised its position in shares of Betterware de México, S.A.P.I. de C.V. by 34.3% in the fourth quarter. Sandia Investment Management LP 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, BNP Paribas Financial Markets acquired a new stake in shares of Betterware de México, S.A.P.I. de C.V. in the fourth quarter valued at approximately $555,000. 12.72% of the stock is currently owned by institutional investors and hedge funds.

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