Quantbot Technologies LP acquired a new position in shares of Weight Watchers International Inc. (NYSE:WTW) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,103 shares of the company’s stock, valued at approximately $145,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Seven Eight Capital LLC increased its position in shares of Weight Watchers International by 156.1% in the first quarter. Seven Eight Capital LLC now owns 9,558 shares of the company’s stock worth $139,000 after buying an additional 5,826 shares during the last quarter. Hussman Strategic Advisors Inc. increased its position in shares of Weight Watchers International by 20.0% in the second quarter. Hussman Strategic Advisors Inc. now owns 600,000 shares of the company’s stock worth $6,978,000 after buying an additional 100,000 shares during the last quarter. Kellner Capital LLC bought a new position in shares of Weight Watchers International during the second quarter worth $174,000. Capital Fund Management S.A. bought a new position in shares of Weight Watchers International during the third quarter worth $152,000. Finally, First Trust Advisors LP bought a new position in shares of Weight Watchers International during the second quarter worth $270,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.
Shares of Weight Watchers International Inc. (NYSE:WTW) traded up 0.44% on Friday, reaching $11.44. The company’s stock had a trading volume of 165,663 shares. Weight Watchers International Inc. has a 1-year low of $9.37 and a 1-year high of $27.66. The company’s 50 day moving average is $10.76 and its 200-day moving average is $11.62. The firm has a market cap of $730.73 million, a price-to-earnings ratio of 17.15 and a beta of 3.16.
Weight Watchers International (NYSE:WTW) last posted its quarterly earnings data on Thursday, November 3rd. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.08. The company earned $281 million during the quarter, compared to analysts’ expectations of $290.25 million. Weight Watchers International had a negative return on equity of 4.10% and a net margin of 3.73%. Weight Watchers International’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.39 earnings per share. Equities research analysts expect that Weight Watchers International Inc. will post $0.95 EPS for the current year.
A number of research analysts recently weighed in on WTW shares. Vetr raised Weight Watchers International from a “buy” rating to a “strong-buy” rating and set a $11.83 price objective on the stock in a research note on Monday, October 10th. Zacks Investment Research raised Weight Watchers International from a “sell” rating to a “hold” rating in a research note on Thursday, October 6th. Finally, TheStreet raised Weight Watchers International from a “sell” rating to a “hold” rating in a research note on Tuesday. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Weight Watchers International currently has an average rating of “Buy” and a consensus price target of $19.54.
About Weight Watchers International
Weight Watchers International, Inc is a provider of weight management services. The Company operates globally through a network of Company-owned and franchise operations. The Company’s branded products and services include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications.