Squarepoint Ops LLC Has $172,000 Stock Position in Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX)

Squarepoint Ops LLC trimmed its position in Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) by 43.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,772 shares of the company’s stock after selling 9,223 shares during the quarter. Squarepoint Ops LLC’s holdings in Betterware de México, S.A.P.I. de C.V. were worth $172,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Lazard Asset Management LLC increased its position in Betterware de México, S.A.P.I. de C.V. by 56.6% during the first quarter. Lazard Asset Management LLC now owns 14,121 shares of the company’s stock worth $282,000 after acquiring an additional 5,104 shares during the period. O Shaughnessy Asset Management LLC increased its position in Betterware de México, S.A.P.I. de C.V. by 11.3% during the first quarter. O Shaughnessy Asset Management LLC now owns 74,906 shares of the company’s stock worth $1,497,000 after acquiring an additional 7,610 shares during the period. Confluence Investment Management LLC bought a new position in Betterware de México, S.A.P.I. de C.V. during the first quarter worth $223,000. Caprock Group LLC bought a new position in Betterware de México, S.A.P.I. de C.V. during the second quarter worth $169,000. Finally, Acadian Asset Management LLC increased its position in Betterware de México, S.A.P.I. de C.V. by 195.0% during the first quarter. Acadian Asset Management LLC now owns 32,473 shares of the company’s stock worth $642,000 after acquiring an additional 21,467 shares during the period. 12.72% of the stock is currently owned by institutional investors and hedge funds.

Betterware de México, S.A.P.I. de C.V. Trading Up 7.2 %

Shares of BWMX stock opened at $12.83 on Monday. Betterware de México, S.A.P.I. de C.V. has a 1 year low of $9.77 and a 1 year high of $21.28. The firm’s fifty day simple moving average is $13.45 and its 200 day simple moving average is $15.54. The firm has a market capitalization of $478.82 million, a P/E ratio of 7.17 and a beta of 1.34. The company has a current ratio of 1.03, a quick ratio of 0.50 and a debt-to-equity ratio of 3.01.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last announced its quarterly earnings results on Thursday, July 25th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.04. The firm had revenue of $196.83 million for the quarter, compared to analyst estimates of $187.54 million. Betterware de México, S.A.P.I. de C.V. had a net margin of 8.84% and a return on equity of 82.51%. As a group, sell-side analysts predict that Betterware de México, S.A.P.I. de C.V. will post 1.85 EPS for the current year.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Tuesday, July 30th were paid a $0.3398 dividend. The ex-dividend date of this dividend was Tuesday, July 30th. This represents a $1.36 annualized dividend and a dividend yield of 10.59%. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is presently 75.42%.

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.