Vetr downgraded shares of Weight Watchers International Inc. (NYSE:WTW) from a strong-buy rating to a hold rating in a report published on Wednesday. The brokerage currently has $10.24 price target on the stock.

Separately, Zacks Investment Research upgraded Weight Watchers International from a sell rating to a hold rating in a research report on Wednesday, September 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $18.32.

Shares of Weight Watchers International (NYSE:WTW) opened at 10.28 on Wednesday. Weight Watchers International has a one year low of $6.68 and a one year high of $28.05. The firm has a market capitalization of $656.50 million, a P/E ratio of 21.33 and a beta of 3.17. The firm has a 50-day moving average of $10.39 and a 200-day moving average of $12.34.

Weight Watchers International (NYSE:WTW) last released its earnings results on Thursday, August 4th. The company reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. The firm earned $310 million during the quarter, compared to the consensus estimate of $318.30 million. Weight Watchers International had a negative return on equity of 3.07% and a net margin of 2.63%. The company’s revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 EPS. On average, equities analysts predict that Weight Watchers International will post $0.94 earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of the company. Adage Capital Partners GP L.L.C. boosted its position in shares of Weight Watchers International by 100.0% in the first quarter. Adage Capital Partners GP L.L.C. now owns 800,000 shares of the company’s stock worth $11,624,000 after buying an additional 400,000 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Weight Watchers International by 13.1% in the second quarter. Vanguard Group Inc. now owns 2,214,781 shares of the company’s stock worth $25,758,000 after buying an additional 256,206 shares during the last quarter. Kennedy Capital Management Inc. purchased a new position in shares of Weight Watchers International during the first quarter worth about $3,233,000. Allianz Asset Management AG purchased a new position in shares of Weight Watchers International during the second quarter worth about $2,454,000. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Weight Watchers International by 45.8% in the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 578,926 shares of the company’s stock worth $6,733,000 after buying an additional 181,773 shares during the last quarter. 91.90% of the stock is owned by institutional investors and hedge funds.

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.

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