Brown Advisory Inc. Acquires Shares of 4,559 Weight Watchers International, Inc. (WTW)

Brown Advisory Inc. bought a new stake in Weight Watchers International, Inc. (NYSE:WTW) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,559 shares of the company’s stock, valued at approximately $461,000.

Other hedge funds have also recently modified their holdings of the company. Hillsdale Investment Management Inc. bought a new stake in shares of Weight Watchers International in the 1st quarter valued at about $102,000. Bank of Montreal Can bought a new stake in shares of Weight Watchers International in the 2nd quarter valued at about $174,000. Evanston Investments Inc. dba Evanston Advisors bought a new stake in shares of Weight Watchers International in the 2nd quarter valued at about $202,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Weight Watchers International in the 1st quarter valued at about $139,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Weight Watchers International in the 1st quarter valued at about $155,000. 91.34% of the stock is currently owned by institutional investors.

In other Weight Watchers International news, Director Thilo Semmelbauer sold 10,358 shares of the stock in a transaction that occurred on Wednesday, August 8th. The shares were sold at an average price of $77.72, for a total transaction of $805,023.76. Following the transaction, the director now owns 27,803 shares in the company, valued at approximately $2,160,849.16. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Denis F. Kelly bought 4,000 shares of the firm’s stock in a transaction on Wednesday, August 15th. The shares were acquired at an average price of $71.59 per share, for a total transaction of $286,360.00. Following the transaction, the director now owns 42,334 shares in the company, valued at $3,030,691.06. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 6,195,223 shares of company stock worth $470,747,775. Company insiders own 12.31% of the company’s stock.

A number of brokerages recently commented on WTW. B. Riley upped their price target on shares of Weight Watchers International from $103.00 to $113.00 and gave the company a “buy” rating in a research note on Tuesday, August 7th. Craig Hallum upped their price target on shares of Weight Watchers International from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, June 18th. DA Davidson began coverage on shares of Weight Watchers International in a research note on Tuesday, June 12th. They issued a “buy” rating and a $143.00 price target on the stock. ValuEngine lowered shares of Weight Watchers International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 8th. Finally, JPMorgan Chase & Co. set a $120.00 price target on shares of Weight Watchers International and gave the company a “buy” rating in a research note on Tuesday. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $101.25.

WTW traded down $1.44 on Friday, reaching $68.60. The company had a trading volume of 1,998,600 shares, compared to its average volume of 1,812,588. Weight Watchers International, Inc. has a fifty-two week low of $41.15 and a fifty-two week high of $105.73. The firm has a market cap of $4.80 billion, a P/E ratio of 41.58, a price-to-earnings-growth ratio of 1.07 and a beta of 2.96. The company has a debt-to-equity ratio of -1.77, a quick ratio of 0.72 and a current ratio of 0.77.

Weight Watchers International (NYSE:WTW) last announced its earnings results on Monday, August 6th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.13. Weight Watchers International had a net margin of 14.96% and a negative return on equity of 16.18%. The firm had revenue of $409.70 million for the quarter, compared to analyst estimates of $409.49 million. During the same quarter in the prior year, the business posted $0.67 EPS. The business’s revenue was up 19.9% compared to the same quarter last year. As a group, equities analysts forecast that Weight Watchers International, Inc. will post 2.98 earnings per share for the current year.

About Weight Watchers International

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.

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

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