BNP Paribas Financial Markets Acquires New Stake in Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX)

BNP Paribas Financial Markets purchased a new stake in shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 49,600 shares of the company's stock, valued at approximately $555,000. BNP Paribas Financial Markets owned about 0.13% of Betterware de México, S.A.P.I. de C.V. as of its most recent filing with the SEC.

Separately, Blue Trust Inc. boosted its stake in 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 valued at $60,000 after purchasing an additional 2,854 shares during the last quarter. 12.72% of the stock is owned by institutional investors.

Betterware de México, S.A.P.I. de C.V. Stock Up 0.4%

BWMX stock traded up $0.03 during mid-day trading on Thursday, reaching $8.35. 50,937 shares of the company traded hands, compared to its average volume of 30,973. The stock has a market cap of $311.60 million, a price-to-earnings ratio of 5.96 and a beta of 1.27. The company has a quick ratio of 0.50, a current ratio of 1.07 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 $7.00 and a fifty-two week high of $17.50. The firm's 50 day moving average price is $10.08 and its 200 day moving average price is $11.01.

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

The business also recently declared a dividend, which was paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th were paid a dividend of $0.2463 per share. The ex-dividend date was Monday, May 12th. This represents a yield of 10.58%. Betterware de México, S.A.P.I. de C.V.'s dividend payout ratio (DPR) 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.