Hanseatic Management Services Inc. Has $262,000 Stake in Weight Watchers International Inc (WTW)
Hanseatic Management Services Inc. lifted its stake in Weight Watchers International Inc (NYSE:WTW) by 11,463.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,013 shares of the company’s stock after purchasing an additional 5,961 shares during the quarter. Hanseatic Management Services Inc.’s holdings in Weight Watchers International were worth $262,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently modified their holdings of the company. UBS Asset Management Americas Inc. bought a new position in Weight Watchers International in the 1st quarter valued at approximately $210,000. American International Group Inc. lifted its position in Weight Watchers International by 7.1% in the 1st quarter. American International Group Inc. now owns 17,080 shares of the company’s stock valued at $266,000 after acquiring an additional 1,127 shares in the last quarter. Teachers Advisors LLC lifted its position in Weight Watchers International by 12.4% in the 1st quarter. Teachers Advisors LLC now owns 52,812 shares of the company’s stock valued at $822,000 after acquiring an additional 5,812 shares in the last quarter. California Public Employees Retirement System lifted its position in Weight Watchers International by 8.3% in the 1st quarter. California Public Employees Retirement System now owns 213,471 shares of the company’s stock valued at $3,324,000 after acquiring an additional 16,300 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Weight Watchers International by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 2,368,696 shares of the company’s stock valued at $36,881,000 after acquiring an additional 111,648 shares in the last quarter. 88.13% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Weight Watchers International Inc (NYSE WTW) traded up $0.04 during mid-day trading on Friday, reaching $44.38. The company’s stock had a trading volume of 867,000 shares, compared to its average volume of 1,595,492. Weight Watchers International Inc has a 1-year low of $9.88 and a 1-year high of $54.47. The company has a debt-to-equity ratio of -1.74, a current ratio of 0.96 and a quick ratio of 0.88. The stock has a market cap of $2,861.84, a price-to-earnings ratio of 29.57, a PEG ratio of 1.64 and a beta of 2.99.
Weight Watchers International (NYSE:WTW) last issued its quarterly earnings results on Monday, November 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.14. Weight Watchers International had a negative return on equity of 8.81% and a net margin of 9.03%. The business had revenue of $323.70 million during the quarter, compared to analyst estimates of $319.40 million. During the same quarter in the prior year, the business posted $0.53 EPS. Weight Watchers International’s revenue for the quarter was up 15.3% compared to the same quarter last year. equities analysts anticipate that Weight Watchers International Inc will post 1.8 earnings per share for the current fiscal year.
Several research firms have recently weighed in on WTW. BidaskClub raised Weight Watchers International from a “buy” rating to a “strong-buy” rating in a report on Friday, August 11th. Zacks Investment Research cut Weight Watchers International from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 12th. ValuEngine raised Weight Watchers International from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Craig Hallum reissued a “buy” rating and set a $70.00 price target (up from $50.00) on shares of Weight Watchers International in a report on Tuesday, November 7th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Weight Watchers International has an average rating of “Hold” and an average target price of $35.95.
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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