Two Sigma Advisers LP grew its position in shares of Weight Watchers (NYSE:WTW) by 171.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 262,822 shares of the company’s stock after acquiring an additional 166,100 shares during the quarter. Two Sigma Advisers LP owned about 0.41% of Weight Watchers worth $11,638,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Principal Financial Group Inc. bought a new stake in Weight Watchers in the third quarter worth about $282,000. Sei Investments Co. raised its holdings in Weight Watchers by 3,364.2% during the 3rd quarter. Sei Investments Co. now owns 4,157 shares of the company’s stock worth $181,000 after buying an additional 4,037 shares during the period. Ameriprise Financial Inc. raised its holdings in Weight Watchers by 173.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 147,600 shares of the company’s stock worth $6,427,000 after buying an additional 93,627 shares during the period. American International Group Inc. grew its stake in Weight Watchers by 8.1% during the 3rd quarter. American International Group Inc. now owns 18,772 shares of the company’s stock valued at $818,000 after acquiring an additional 1,404 shares in the last quarter. Finally, FNY Managed Accounts LLC purchased a new position in Weight Watchers during the 3rd quarter valued at about $871,000. Institutional investors and hedge funds own 92.10% of the company’s stock.
Weight Watchers stock traded up $0.77 during mid-day trading on Friday, hitting $63.99. The stock had a trading volume of 854,551 shares, compared to its average volume of 1,202,787. The stock has a market cap of $4,090.46, a price-to-earnings ratio of 38.78, a P/E/G ratio of 1.63 and a beta of 3.23. Weight Watchers has a 12 month low of $17.04 and a 12 month high of $77.19. The company has a quick ratio of 0.52, a current ratio of 0.61 and a debt-to-equity ratio of -1.71.
Weight Watchers (NYSE:WTW) last released its earnings results on Tuesday, February 27th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.06. Weight Watchers had a negative return on equity of 10.38% and a net margin of 12.52%. The firm had revenue of $312.50 million for the quarter, compared to analyst estimates of $309.35 million. sell-side analysts expect that Weight Watchers will post 2.58 EPS for the current year.
Several equities research analysts recently commented on WTW shares. ValuEngine cut Weight Watchers from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Craig Hallum boosted their target price on Weight Watchers from $80.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, February 28th. Zacks Investment Research upgraded Weight Watchers from a “hold” rating to a “strong-buy” rating and set a $72.00 price target for the company in a report on Tuesday, March 6th. B. Riley reiterated a “buy” rating and set a $98.00 price target (up from $86.00) on shares of Weight Watchers in a report on Wednesday, February 28th. Finally, Sidoti upgraded Weight Watchers from a “neutral” rating to a “buy” rating in a research note on Monday, March 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $72.00.
In other news, Director Oprah Winfrey sold 262,860 shares of the firm’s stock in a transaction dated Friday, March 2nd. The stock was sold at an average price of $62.92, for a total transaction of $16,539,151.20. Following the sale, the director now owns 6,009,283 shares of the company’s stock, valued at $378,104,086.36. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Denis F. Kelly acquired 2,200 shares of the firm’s stock in a transaction that occurred on Thursday, March 8th. The shares were purchased at an average price of $62.43 per share, with a total value of $137,346.00. Following the completion of the acquisition, the director now owns 41,852 shares of the company’s stock, valued at approximately $2,612,820.36. The disclosure for this purchase can be found here. Company insiders own 15.75% of the company’s stock.
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Weight Watchers Company Profile
Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.
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