Wells Fargo & Company MN Purchases 13,696 Shares of Weight Watchers International Inc (WTW)

Wells Fargo & Company MN raised its position in shares of Weight Watchers International Inc (NYSE:WTW) by 17.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 91,951 shares of the company’s stock after purchasing an additional 13,696 shares during the quarter. Wells Fargo & Company MN owned 0.14% of Weight Watchers International worth $3,073,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Rhumbline Advisers grew its stake in shares of Weight Watchers International by 0.9% during the 2nd quarter. Rhumbline Advisers now owns 32,595 shares of the company’s stock valued at $1,089,000 after purchasing an additional 302 shares during the period. American International Group Inc. grew its stake in shares of Weight Watchers International by 7.1% during the 1st quarter. American International Group Inc. now owns 17,080 shares of the company’s stock valued at $266,000 after purchasing an additional 1,127 shares during the period. BNP Paribas Arbitrage SA grew its stake in shares of Weight Watchers International by 123.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,134 shares of the company’s stock valued at $238,000 after purchasing an additional 3,936 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Weight Watchers International by 8.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 69,259 shares of the company’s stock valued at $2,315,000 after purchasing an additional 5,642 shares during the period. Finally, Teachers Advisors LLC grew its stake in shares of Weight Watchers International by 12.4% during the 1st quarter. Teachers Advisors LLC now owns 52,812 shares of the company’s stock valued at $822,000 after purchasing an additional 5,812 shares during the period. Institutional investors and hedge funds own 88.24% of the company’s stock.

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WTW has been the subject of a number of recent research reports. Zacks Investment Research downgraded Weight Watchers International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 5th. BidaskClub raised Weight Watchers International from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 11th. Finally, ValuEngine raised Weight Watchers International from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the company. Weight Watchers International has a consensus rating of “Hold” and an average target price of $27.44.

Weight Watchers International Inc (NYSE:WTW) opened at 45.99 on Friday. The stock has a market capitalization of $2.96 billion, a PE ratio of 29.46 and a beta of 2.99. The stock’s 50 day moving average price is $44.18 and its 200-day moving average price is $34.13. Weight Watchers International Inc has a 52-week low of $9.55 and a 52-week high of $49.32.

Weight Watchers International (NYSE:WTW) last posted its earnings results on Thursday, August 3rd. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.50 by $0.17. The firm had revenue of $341.70 million for the quarter, compared to analyst estimates of $329.55 million. Weight Watchers International had a negative return on equity of 7.70% and a net margin of 8.52%. Weight Watchers International’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period last year, the company earned $0.46 earnings per share. On average, equities analysts expect that Weight Watchers International Inc will post $1.47 EPS for the current fiscal year.

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

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