Luis Campos Purchases 3,186 Shares of Betterware de Mexico SAPI de C (NYSE:BWMX) Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos purchased 3,186 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average price of $17.00 per share, with a total value of $54,162.00. Following the purchase, the chairman owned 20,256,668 shares in the company, valued at $344,363,356. This represents a 0.02% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Luis Campos also recently made the following trade(s):

• On Tuesday, August 4th, Luis Campos purchased 21,829 shares of Betterware de Mexico SAPI de C stock. The shares were acquired at an average price of $17.00 per share, for a total transaction of $371,093.00.
• On Friday, July 31st, Luis Campos acquired 3,917 shares of Betterware de Mexico SAPI de C stock. The stock was acquired at an average cost of $16.93 per share, for a total transaction of $66,314.81.
• On Monday, July 27th, Luis Campos acquired 46,830 shares of Betterware de Mexico SAPI de C stock. The stock was acquired at an average price of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Stock Up 1.2%

Betterware de Mexico SAPI de C stock opened at $16.32 on Wednesday. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.11 and a quick ratio of 0.57. The stock has a market capitalization of $609.06 million, a PE ratio of 8.92 and a beta of 1.05. The business has a 50 day simple moving average of $17.71 and a 200-day simple moving average of $17.64. Betterware de Mexico SAPI de C has a 12 month low of $12.34 and a 12 month high of $19.79.

Betterware de Mexico SAPI de C (NYSE:BWMX) last announced its earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share (EPS) for the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%.The firm had revenue of $237.83 million for the quarter. On average, analysts anticipate that Betterware de Mexico SAPI de C will post 2.48 EPS for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be issued a dividend of $0.3252 per share. The ex-dividend date of this dividend is Thursday, August 6th. This is a positive change from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. This represents a $1.30 annualized dividend and a yield of 8.0%. Betterware de Mexico SAPI de C’s payout ratio is 71.04%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Weiss Ratings raised shares of Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 4th. Zacks Research lowered shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Betterware de Mexico SAPI de C has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BWMX. Public Employees Retirement System of Ohio purchased a new position in Betterware de Mexico SAPI de C in the 1st quarter valued at $29,000. Confluence Investment Management LLC grew its holdings in shares of Betterware de Mexico SAPI de C by 17.1% during the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock worth $218,000 after buying an additional 1,768 shares in the last quarter. State Street Corp raised its position in shares of Betterware de Mexico SAPI de C by 7.0% in the fourth quarter. State Street Corp now owns 90,082 shares of the company’s stock valued at $1,280,000 after buying an additional 5,881 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Betterware de Mexico SAPI de C by 11.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock valued at $862,000 after buying an additional 6,274 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of Betterware de Mexico SAPI de C by 88,706.7% in the first quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock worth $225,000 after buying an additional 13,306 shares in the last quarter. 12.72% of the stock is owned by institutional investors and hedge funds.

About Betterware de Mexico SAPI de C

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.