Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Stock Price Down 2.2%

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) traded down 2.2% on Tuesday . The stock traded as low as $20.00 and last traded at $20.00. 15,097 shares were traded during mid-day trading, a decline of 67% from the average session volume of 46,211 shares. The stock had previously closed at $20.45.

Betterware de México, S.A.P.I. de C.V. Stock Performance

The company has a 50-day moving average price of $15.80 and a two-hundred day moving average price of $15.10. The company has a market capitalization of $740.80 million, a PE ratio of 12.41 and a beta of 1.35. The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 3.31.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last posted its earnings results on Thursday, February 22nd. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.28 by $0.34. Betterware de México, S.A.P.I. de C.V. had a return on equity of 82.34% and a net margin of 8.11%. The business had revenue of $194.06 million during the quarter, compared to analysts’ expectations of $174.51 million. Analysts predict that Betterware de México, S.A.P.I. de C.V. will post 2.02 EPS for the current fiscal year.

Betterware de México, S.A.P.I. de C.V. Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Friday, March 8th were paid a $0.3521 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date was Thursday, March 7th. This is a boost from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.27. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is currently 88.13%.

Institutional Trading of Betterware de México, S.A.P.I. de C.V.

Hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its stake in shares of Betterware de México, S.A.P.I. de C.V. by 216.5% during the second quarter. Goldman Sachs Group Inc. now owns 79,655 shares of the company’s stock worth $688,000 after acquiring an additional 54,484 shares in the last quarter. Sagil Capital LLP increased its holdings in shares of Betterware de México, S.A.P.I. de C.V. by 37.4% in the fourth quarter. Sagil Capital LLP now owns 73,534 shares of the company’s stock worth $1,025,000 after buying an additional 20,000 shares during the period. State Street Corp boosted its holdings in Betterware de México, S.A.P.I. de C.V. by 5.4% during the 2nd quarter. State Street Corp now owns 69,273 shares of the company’s stock valued at $896,000 after acquiring an additional 3,533 shares during the period. Citadel Advisors LLC bought a new position in Betterware de México, S.A.P.I. de C.V. during the 2nd quarter worth approximately $448,000. Finally, O Shaughnessy Asset Management LLC purchased a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the third quarter valued at approximately $808,000. Institutional investors own 12.72% of the company’s stock.

About Betterware de México, S.A.P.I. de C.V.

Betterware de México, SAP.I. de C.V. operates as a direct-to-consumer company. It operates through two segments, The Home Organization Products (Betterware or BWM); and The Beauty and Personal Care Products (JAFRA). The Betterware or BWM segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; and technology and mobility.