Proficio Capital Partners LLC Buys 4,000 Shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX)

Proficio Capital Partners LLC boosted its stake in shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) by 34.3% in the 4th quarter, HoldingsChannel reports. The fund owned 15,671 shares of the company’s stock after buying an additional 4,000 shares during the quarter. Proficio Capital Partners LLC’s holdings in Betterware de México, S.A.P.I. de C.V. were worth $175,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. boosted its stake in shares of Betterware de México, S.A.P.I. de C.V. by 112.4% during the fourth quarter. Blue Trust Inc. now owns 5,394 shares of the company’s stock valued at $60,000 after purchasing an additional 2,854 shares during the period. Stifel Financial Corp grew its holdings in Betterware de México, S.A.P.I. de C.V. by 6.6% in the 3rd quarter. Stifel Financial Corp now owns 15,944 shares of the company’s stock worth $202,000 after acquiring an additional 981 shares during the last quarter. Commons Capital LLC purchased a new position in shares of Betterware de México, S.A.P.I. de C.V. in the fourth quarter valued at about $430,000. Finally, State Street Corp raised its stake in shares of Betterware de México, S.A.P.I. de C.V. by 1.9% during the third quarter. State Street Corp now owns 76,701 shares of the company’s stock valued at $973,000 after acquiring an additional 1,462 shares during the last quarter. 12.72% of the stock is currently owned by institutional investors.

Betterware de México, S.A.P.I. de C.V. Stock Up 0.6 %

Shares of NASDAQ:BWMX opened at $11.72 on Friday. The stock’s 50-day moving average is $11.44 and its 200 day moving average is $11.96. The company has a market cap of $437.36 million, a PE ratio of 8.37 and a beta of 1.33. The company has a debt-to-equity ratio of 3.85, a current ratio of 1.07 and a quick ratio of 0.50. Betterware de México, S.A.P.I. de C.V. has a 1 year low of $10.05 and a 1 year high of $20.50.

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

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 18th were paid a dividend of $0.3212 per share. The ex-dividend date was Tuesday, March 18th. This is a boost from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 10.96%. Betterware de México, S.A.P.I. de C.V.’s payout ratio is 106.48%.

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.