20,000 Shares in WW International, Inc. (NASDAQ:WW) Purchased by Raymond James Trust N.A.

Raymond James Trust N.A. purchased a new position in shares of WW International, Inc. (NASDAQ:WW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 20,000 shares of the company’s stock, valued at approximately $175,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in WW. Ameriprise Financial Inc. boosted its holdings in WW International by 7,694.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,443,645 shares of the company’s stock valued at $27,051,000 after purchasing an additional 2,412,295 shares in the last quarter. Driehaus Capital Management LLC purchased a new stake in WW International in the 2nd quarter valued at approximately $10,379,000. Geode Capital Management LLC boosted its holdings in WW International by 7.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,239,384 shares of the company’s stock valued at $8,329,000 after purchasing an additional 87,762 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in WW International by 2.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 511,982 shares of the company’s stock valued at $2,012,000 after purchasing an additional 12,510 shares in the last quarter. Finally, Portolan Capital Management LLC purchased a new stake in shares of WW International during the 2nd quarter worth approximately $2,407,000. Hedge funds and other institutional investors own 86.18% of the company’s stock.

WW International Trading Up 5.2 %

Shares of WW International stock opened at $1.82 on Thursday. The business’s fifty day moving average price is $3.50 and its 200 day moving average price is $6.81. WW International, Inc. has a twelve month low of $1.59 and a twelve month high of $13.31. The stock has a market capitalization of $144.14 million, a P/E ratio of -1.14, a PEG ratio of 1.44 and a beta of 1.82.

WW International (NASDAQ:WW) last posted its quarterly earnings results on Wednesday, February 28th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). WW International had a negative net margin of 12.62% and a negative return on equity of 3.07%. The firm had revenue of $205.96 million for the quarter, compared to analysts’ expectations of $205.95 million. As a group, sell-side analysts predict that WW International, Inc. will post 0.08 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. The Goldman Sachs Group restated a “buy” rating on shares of WW International in a research report on Thursday, February 1st. Barclays cut their price target on WW International from $8.00 to $1.50 and set an “underweight” rating for the company in a report on Friday, March 1st. Guggenheim reaffirmed a “buy” rating and issued a $12.00 price objective on shares of WW International in a research report on Monday, March 18th. UBS Group reduced their target price on WW International from $9.00 to $3.00 and set a “neutral” rating on the stock in a research report on Thursday, February 29th. Finally, DA Davidson restated a “buy” rating and issued a $12.50 price target on shares of WW International in a report on Thursday, March 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $9.14.

WW International Company Profile

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.