Sagil Capital LLP Sells 33,873 Shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX)

Sagil Capital LLP decreased its holdings in Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) by 46.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,661 shares of the company’s stock after selling 33,873 shares during the period. Betterware de México, S.A.P.I. de C.V. accounts for approximately 0.3% of Sagil Capital LLP’s holdings, making the stock its 13th biggest holding. Sagil Capital LLP owned 0.11% of Betterware de México, S.A.P.I. de C.V. worth $579,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in BWMX. Acadian Asset Management LLC grew its holdings in Betterware de México, S.A.P.I. de C.V. by 195.0% during the 1st quarter. Acadian Asset Management LLC now owns 32,473 shares of the company’s stock valued at $642,000 after purchasing an additional 21,467 shares during the last quarter. Lazard Asset Management LLC grew its holdings in shares of Betterware de México, S.A.P.I. de C.V. by 56.6% in the first quarter. Lazard Asset Management LLC now owns 14,121 shares of the company’s stock worth $282,000 after purchasing an additional 5,104 shares during the last quarter. Quadrature Capital Ltd purchased a new position in Betterware de México, S.A.P.I. de C.V. in the 1st quarter worth about $497,000. CWA Asset Management Group LLC bought a new stake in Betterware de México, S.A.P.I. de C.V. during the 4th quarter valued at about $467,000. Finally, D.A. Davidson & CO. bought a new position in Betterware de México, S.A.P.I. de C.V. in the 4th quarter worth about $406,000. 12.72% of the stock is owned by institutional investors.

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

Betterware de México, S.A.P.I. de C.V. stock opened at $14.05 on Wednesday. Betterware de México, S.A.P.I. de C.V. has a fifty-two week low of $9.77 and a fifty-two week high of $21.28. The company has a market capitalization of $524.35 million, a PE ratio of 7.85 and a beta of 1.35. The company has a 50 day moving average price of $14.14 and a 200-day moving average price of $16.29. The company has a debt-to-equity ratio of 3.01, a quick ratio of 0.50 and a current ratio of 1.03.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last issued its earnings results on Thursday, July 25th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.04. 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%. The company had revenue of $196.83 million for the quarter, compared to analysts’ expectations of $187.54 million. As a group, equities analysts forecast that Betterware de México, S.A.P.I. de C.V. will post 1.85 earnings per share for the current year.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Tuesday, July 30th were issued a dividend of $0.3398 per share. The ex-dividend date of this dividend was Tuesday, July 30th. This represents a $1.36 dividend on an annualized basis and a yield of 9.67%. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is currently 75.42%.

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.