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

Mmbg Investment Advisors CO. grew its holdings in Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Free Report) by 1.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,145,782 shares of the company's stock after purchasing an additional 55,000 shares during the period. Betterware de México, S.A.P.I. de C.V. makes up 5.3% of Mmbg Investment Advisors CO.'s portfolio, making the stock its 5th biggest position. Mmbg Investment Advisors CO. owned about 11.11% of Betterware de México, S.A.P.I. de C.V. worth $47,138,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. BNP Paribas Financial Markets acquired a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the 4th quarter valued at $555,000. Proficio Capital Partners LLC boosted its position in Betterware de México, S.A.P.I. de C.V. by 34.3% during the fourth quarter. Proficio Capital Partners LLC now owns 15,671 shares of the company's stock valued at $175,000 after purchasing an additional 4,000 shares during the last quarter. CWA Asset Management Group LLC grew its stake in Betterware de México, S.A.P.I. de C.V. by 49.5% in the first quarter. CWA Asset Management Group LLC now owns 76,140 shares of the company's stock valued at $866,000 after purchasing an additional 25,221 shares in the last quarter. Millennium Management LLC increased its position in Betterware de México, S.A.P.I. de C.V. by 11.4% in the 4th quarter. Millennium Management LLC now owns 51,738 shares of the company's stock worth $578,000 after purchasing an additional 5,301 shares during the last quarter. Finally, Sandia Investment Management LP increased its position in Betterware de México, S.A.P.I. de C.V. by 34.3% in the 4th quarter. Sandia Investment Management LP now owns 15,671 shares of the company's stock worth $175,000 after purchasing an additional 4,000 shares during the last quarter. Institutional investors and hedge funds own 12.72% of the company's stock.

Betterware de México, S.A.P.I. de C.V. Stock Down 0.1%

Shares of Betterware de México, S.A.P.I. de C.V. stock traded down $0.01 during trading on Tuesday, hitting $8.64. 37,335 shares of the stock traded hands, compared to its average volume of 33,372. The stock has a market cap of $322.42 million, a P/E ratio of 6.17 and a beta of 1.16. The company has a fifty day moving average price of $8.90 and a two-hundred day moving average price of $10.38. Betterware de México, S.A.P.I. de C.V. has a twelve month low of $7.00 and a twelve month high of $16.04. 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. Cuts Dividend

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

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.