Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Shares Bought by State Street Corp

State Street Corp grew its stake in Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) by 1.9% during the 3rd quarter, Holdings Channel reports. The firm owned 76,701 shares of the company’s stock after purchasing an additional 1,462 shares during the quarter. State Street Corp’s holdings in Betterware de México, S.A.P.I. de C.V. were worth $973,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. CWA Asset Management Group LLC acquired a new stake in Betterware de México, S.A.P.I. de C.V. in the 3rd quarter worth about $1,020,000. Acadian Asset Management LLC raised its holdings in shares of Betterware de México, S.A.P.I. de C.V. by 67.1% during the second quarter. Acadian Asset Management LLC now owns 54,269 shares of the company’s stock valued at $784,000 after acquiring an additional 21,796 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Betterware de México, S.A.P.I. de C.V. by 64.1% in the third quarter. Blue Trust Inc. now owns 2,540 shares of the company’s stock worth $32,000 after acquiring an additional 992 shares during the last quarter. Caprock Group LLC purchased a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the second quarter worth approximately $169,000. Finally, 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 $148,000. Hedge funds and other institutional investors own 12.72% of the company’s stock.

Betterware de México, S.A.P.I. de C.V. Trading Down 1.2 %

Shares of BWMX stock opened at $11.05 on Friday. Betterware de México, S.A.P.I. de C.V. has a fifty-two week low of $10.05 and a fifty-two week high of $21.28. The company has a debt-to-equity ratio of 3.85, a quick ratio of 0.50 and a current ratio of 1.07. The stock’s fifty day moving average is $12.01 and its two-hundred day moving average is $13.24. The firm has a market capitalization of $412.35 million, a P/E ratio of 7.89 and a beta of 1.32.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 8th were paid a $0.3041 dividend. This represents a $1.22 annualized dividend and a dividend yield of 11.01%. The ex-dividend date of this dividend was Friday, November 8th. 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. 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.