Weight Watchers International Inc (NYSE:WTW) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 5,893,961 shares, a decrease of 26.0% from the August 15th total of 7,964,120 shares. Currently, 10.3% of the company’s stock are sold short. Based on an average daily trading volume, of 1,239,818 shares, the days-to-cover ratio is currently 4.8 days.

Several institutional investors have recently added to or reduced their stakes in the company. Rhumbline Advisers increased its stake in shares of Weight Watchers International by 0.9% during the 2nd quarter. Rhumbline Advisers now owns 32,595 shares of the company’s stock worth $1,089,000 after purchasing an additional 302 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Weight Watchers International by 1.6% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 64,482 shares of the company’s stock worth $1,004,000 after purchasing an additional 1,000 shares during the last quarter. American International Group Inc. increased its stake in shares of Weight Watchers International by 7.1% during the 1st quarter. American International Group Inc. now owns 17,080 shares of the company’s stock worth $266,000 after purchasing an additional 1,127 shares during the last quarter. Voya Investment Management LLC increased its stake in shares of Weight Watchers International by 16.6% during the 2nd quarter. Voya Investment Management LLC now owns 13,138 shares of the company’s stock worth $439,000 after purchasing an additional 1,874 shares during the last quarter. Finally, Teachers Advisors LLC increased its stake in shares of Weight Watchers International by 5.0% during the 4th quarter. Teachers Advisors LLC now owns 47,000 shares of the company’s stock worth $538,000 after purchasing an additional 2,217 shares during the last quarter. Institutional investors own 88.24% of the company’s stock.

WTW has been the topic of several analyst reports. ValuEngine raised shares of Weight Watchers International from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $54.00 target price on the stock in a research report on Friday, August 18th. Sidoti downgraded shares of Weight Watchers International from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 30th. Finally, BidaskClub downgraded shares of Weight Watchers International from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 4th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $27.44.

Shares of Weight Watchers International (NYSE:WTW) opened at 41.44 on Tuesday. The stock has a 50 day moving average price of $44.15 and a 200 day moving average price of $29.60. Weight Watchers International has a 12 month low of $9.55 and a 12 month high of $49.32. The firm has a market capitalization of $2.67 billion, a P/E ratio of 26.55 and a beta of 3.03.

Weight Watchers International (NYSE:WTW) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.17. The company had revenue of $341.70 million for the quarter, compared to analyst estimates of $329.55 million. Weight Watchers International had a net margin of 8.52% and a negative return on equity of 7.70%. Weight Watchers International’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 EPS. On average, analysts expect that Weight Watchers International will post $1.46 earnings per share for the current year.

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Weight Watchers International Company Profile

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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