Weight Watchers International, Inc. (WTW) Position Boosted by Rhumbline Advisers

Share on StockTwits

Rhumbline Advisers boosted its position in shares of Weight Watchers International, Inc. (NYSE:WTW) by 40.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,125 shares of the company’s stock after acquiring an additional 10,737 shares during the period. Rhumbline Advisers’ holdings in Weight Watchers International were worth $3,753,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of WTW. Old Mutual Global Investors UK Ltd. purchased a new position in Weight Watchers International during the first quarter valued at approximately $82,450,000. Gilder Gagnon Howe & Co. LLC lifted its position in Weight Watchers International by 61.2% during the second quarter. Gilder Gagnon Howe & Co. LLC now owns 1,820,283 shares of the company’s stock valued at $184,031,000 after purchasing an additional 691,418 shares during the last quarter. Columbus Circle Investors bought a new stake in Weight Watchers International during the second quarter valued at approximately $29,805,000. Zweig DiMenna Associates LLC lifted its position in Weight Watchers International by 199.0% during the second quarter. Zweig DiMenna Associates LLC now owns 381,282 shares of the company’s stock valued at $38,548,000 after purchasing an additional 253,782 shares during the last quarter. Finally, Villere ST Denis J & Co. LLC bought a new stake in Weight Watchers International during the second quarter valued at approximately $20,184,000. 91.37% of the stock is owned by institutional investors.

Several equities research analysts have issued reports on the stock. ValuEngine lowered shares of Weight Watchers International from a “buy” rating to a “hold” rating in a research report on Thursday. SunTrust Banks assumed coverage on shares of Weight Watchers International in a research report on Tuesday, May 15th. They set a “buy” rating and a $90.00 target price for the company. B. Riley lifted their target price on shares of Weight Watchers International from $103.00 to $113.00 and gave the company a “buy” rating in a research report on Tuesday, August 7th. Goldman Sachs Group assumed coverage on shares of Weight Watchers International in a research report on Tuesday. They set a “neutral” rating and a $73.00 target price for the company. Finally, Zacks Investment Research lowered shares of Weight Watchers International from a “strong-buy” rating to a “hold” rating in a research report on Saturday, July 7th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $103.55.

Shares of WTW opened at $66.16 on Friday. The company has a market capitalization of $4.99 billion, a PE ratio of 40.52, a price-to-earnings-growth ratio of 1.26 and a beta of 2.93. The company has a debt-to-equity ratio of -1.77, a current ratio of 0.77 and a quick ratio of 0.72. Weight Watchers International, Inc. has a fifty-two week low of $40.93 and a fifty-two week high of $105.73.

Weight Watchers International (NYSE:WTW) last announced its quarterly earnings data on Monday, August 6th. The company reported $1.01 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.13. The firm had revenue of $409.70 million during the quarter, compared to analyst estimates of $409.49 million. Weight Watchers International had a net margin of 14.96% and a negative return on equity of 16.18%. The business’s quarterly revenue was up 19.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.67 EPS. equities research analysts expect that Weight Watchers International, Inc. will post 2.97 earnings per share for the current year.

In other news, insider Corinne Pollier-Bousquet sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, August 8th. The shares were sold at an average price of $80.00, for a total value of $200,000.00. Following the completion of the sale, the insider now directly owns 29,456 shares in the company, valued at approximately $2,356,480. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder S.A. Westend sold 6,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 14th. The stock was sold at an average price of $76.00, for a total transaction of $456,000,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 6,195,223 shares of company stock valued at $470,747,775. Company insiders own 12.31% of the company’s stock.

Weight Watchers International Profile

Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.

Featured Story: How to Track your Portfolio in Google Finance

Want to see what other hedge funds are holding WTW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Weight Watchers International, Inc. (NYSE:WTW).

Institutional Ownership by Quarter for Weight Watchers International (NYSE:WTW)

Receive News & Ratings for Weight Watchers International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weight Watchers International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply