CWA Asset Management Group LLC Reduces Holdings in Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX)

CWA Asset Management Group LLC lowered its position in shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) by 36.7% during the fourth quarter, Holdings Channel reports. The firm owned 50,919 shares of the company’s stock after selling 29,505 shares during the quarter. CWA Asset Management Group LLC’s holdings in Betterware de México, S.A.P.I. de C.V. were worth $569,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in BWMX. Acadian Asset Management LLC grew its position in Betterware de México, S.A.P.I. de C.V. by 67.1% during the 2nd quarter. Acadian Asset Management LLC now owns 54,269 shares of the company’s stock worth $784,000 after purchasing an additional 21,796 shares during the last quarter. Caprock Group LLC acquired a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the second quarter worth about $169,000. Blue Trust Inc. increased its position in Betterware de México, S.A.P.I. de C.V. by 64.1% in the 3rd quarter. Blue Trust Inc. now owns 2,540 shares of the company’s stock valued at $32,000 after acquiring an additional 992 shares during the period. Proficio Capital Partners LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. in the 3rd quarter valued at about $148,000. Finally, Banque Cantonale Vaudoise purchased a new stake in Betterware de México, S.A.P.I. de C.V. during the 3rd quarter valued at approximately $155,000. 12.72% of the stock is owned by hedge funds and other institutional investors.

Betterware de México, S.A.P.I. de C.V. Trading Down 0.6 %

NASDAQ:BWMX opened at $10.84 on Thursday. Betterware de México, S.A.P.I. de C.V. has a 12-month low of $10.05 and a 12-month high of $21.28. The company has a current ratio of 1.07, a quick ratio of 0.50 and a debt-to-equity ratio of 3.85. The stock’s 50 day simple moving average is $11.85 and its 200-day simple moving average is $13.10. The firm has a market cap of $404.52 million, a P/E ratio of 7.74 and a beta of 1.34.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 8th were paid a $0.3041 dividend. The ex-dividend date was Friday, November 8th. This represents a $1.22 annualized dividend and a yield of 11.22%. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is currently 86.43%.

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