Weight Watchers International, Inc. (WTW) Stake Raised by Flinton Capital Management LLC
Flinton Capital Management LLC lifted its position in Weight Watchers International, Inc. (NYSE:WTW) by 12.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,568 shares of the company’s stock after buying an additional 384 shares during the quarter. Flinton Capital Management LLC’s holdings in Weight Watchers International were worth $138,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Advisors Asset Management Inc. purchased a new stake in shares of Weight Watchers International in the fourth quarter worth about $52,000. Private Capital Group LLC lifted its holdings in shares of Weight Watchers International by 128.5% in the fourth quarter. Private Capital Group LLC now owns 1,405 shares of the company’s stock worth $54,000 after buying an additional 790 shares in the last quarter. NumerixS Investment Technologies Inc purchased a new stake in shares of Weight Watchers International in the fourth quarter worth about $60,000. Bank of Montreal Can lifted its holdings in shares of Weight Watchers International by 23.5% in the fourth quarter. Bank of Montreal Can now owns 1,831 shares of the company’s stock worth $70,000 after buying an additional 348 shares in the last quarter. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of Weight Watchers International in the third quarter worth about $135,000. 91.34% of the stock is currently owned by hedge funds and other institutional investors.
In other Weight Watchers International news, insider Mindy F. Grossman purchased 12,000 shares of Weight Watchers International stock in a transaction on Friday, March 1st. The shares were acquired at an average cost of $21.70 per share, for a total transaction of $260,400.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Corinne Pollier-Bousquet sold 10,000 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $19.17, for a total transaction of $191,700.00. Following the transaction, the insider now owns 36,183 shares in the company, valued at $693,628.11. The disclosure for this sale can be found here. 12.31% of the stock is owned by company insiders.
A number of brokerages recently weighed in on WTW. JPMorgan Chase & Co. set a $70.00 target price on shares of Weight Watchers International and gave the company a “buy” rating in a research note on Tuesday, November 27th. Zacks Investment Research downgraded shares of Weight Watchers International from a “hold” rating to a “sell” rating in a research note on Saturday, December 29th. Craig Hallum reaffirmed a “positive” rating and issued a $80.00 target price (down from $120.00) on shares of Weight Watchers International in a research note on Tuesday, January 8th. TheStreet downgraded shares of Weight Watchers International from a “b-” rating to a “c+” rating in a research note on Monday, January 14th. Finally, Oppenheimer lowered their target price on shares of Weight Watchers International from $98.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, February 15th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. Weight Watchers International has an average rating of “Hold” and a consensus target price of $44.31.
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.
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