Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Shares Bought by State Street Corp

State Street Corp boosted its stake in shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) by 1.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 76,701 shares of the company’s stock after purchasing an additional 1,462 shares during the period. State Street Corp’s holdings in Betterware de México, S.A.P.I. de C.V. were worth $973,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of BWMX. CWA Asset Management Group LLC purchased a new stake in Betterware de México, S.A.P.I. de C.V. in the 3rd quarter worth approximately $1,020,000. Acadian Asset Management LLC lifted its stake in shares of Betterware de México, S.A.P.I. de C.V. by 67.1% in the 2nd quarter. Acadian Asset Management LLC now owns 54,269 shares of the company’s stock valued at $784,000 after purchasing an additional 21,796 shares during the period. Banque Cantonale Vaudoise purchased a new stake in Betterware de México, S.A.P.I. de C.V. during the third quarter worth $155,000. Proficio Capital Partners LLC acquired a new stake in Betterware de México, S.A.P.I. de C.V. during the third quarter valued at $148,000. Finally, Caprock Group LLC purchased a new position in Betterware de México, S.A.P.I. de C.V. in the second quarter valued at $169,000. Hedge funds and other institutional investors own 12.72% of the company’s stock.

Betterware de México, S.A.P.I. de C.V. Trading Down 1.2 %

BWMX stock opened at $11.05 on Friday. Betterware de México, S.A.P.I. de C.V. has a 52-week low of $10.05 and a 52-week high of $21.28. The company has a quick ratio of 0.50, a current ratio of 1.07 and a debt-to-equity ratio of 3.85. The firm has a market cap of $412.35 million, a P/E ratio of 7.89 and a beta of 1.32. The company’s 50-day simple moving average is $12.01 and its 200-day simple moving average is $13.24.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 8th were issued a $0.3041 dividend. This represents a $1.22 annualized dividend and a yield of 11.01%. The ex-dividend date was Friday, November 8th. Betterware de México, S.A.P.I. de C.V.’s payout ratio is currently 86.43%.

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

Betterware de México, SAP.I. de C.V. operates as a direct-to-consumer selling company in the United Staes and Mexico. It operates through two segments, Home Organization Products; and Beauty and Personal Care Products. The Home Organization Products segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; wellness; and technology and mobility.