Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Shares Sold by CWA Asset Management Group LLC

CWA Asset Management Group LLC cut its stake in shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) by 36.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,919 shares of the company’s stock after selling 29,505 shares during the period. CWA Asset Management Group LLC owned approximately 0.14% of Betterware de México, S.A.P.I. de C.V. worth $569,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Acadian Asset Management LLC boosted its holdings 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 valued at $784,000 after acquiring an additional 21,796 shares during the period. Banque Cantonale Vaudoise purchased a new position in shares of Betterware de México, S.A.P.I. de C.V. in the third quarter valued at approximately $155,000. Proficio Capital Partners LLC acquired a new position in shares of Betterware de México, S.A.P.I. de C.V. in the third quarter valued at approximately $148,000. Caprock Group LLC purchased a new stake in Betterware de México, S.A.P.I. de C.V. during the 2nd quarter worth approximately $169,000. Finally, State Street Corp lifted its holdings in Betterware de México, S.A.P.I. de C.V. by 1.9% during the 3rd quarter. State Street Corp now owns 76,701 shares of the company’s stock worth $973,000 after buying an additional 1,462 shares in the last quarter. 12.72% of the stock is owned by hedge funds and other institutional investors.

Betterware de México, S.A.P.I. de C.V. Stock Performance

Shares of BWMX stock opened at $10.84 on Thursday. The firm has a 50 day moving average of $11.85 and a two-hundred day moving average of $13.10. The stock has a market capitalization of $404.52 million, a PE ratio of 7.74 and a beta of 1.34. The company has a quick ratio of 0.50, a current ratio of 1.07 and a debt-to-equity ratio of 3.85. Betterware de México, S.A.P.I. de C.V. has a 52 week low of $10.05 and a 52 week high of $21.28.

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

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 8th were issued a $0.3041 dividend. The ex-dividend date was Friday, November 8th. This represents a $1.22 dividend on an annualized basis and a yield of 11.22%. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio (DPR) is presently 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.