Public Employees Retirement System of Ohio Has $4.90 Million Holdings in Weight Watchers International, Inc. (WTW)

Public Employees Retirement System of Ohio grew its position in shares of Weight Watchers International, Inc. (NYSE:WTW) by 5,715.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 127,187 shares of the company’s stock after buying an additional 125,000 shares during the quarter. Public Employees Retirement System of Ohio owned 0.19% of Weight Watchers International worth $4,903,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Advisors Asset Management Inc. bought a new stake in Weight Watchers International during the 4th quarter valued at about $52,000. Private Capital Group LLC lifted its holdings in Weight Watchers International by 128.5% during the 4th quarter. Private Capital Group LLC now owns 1,405 shares of the company’s stock valued at $54,000 after buying an additional 790 shares in the last quarter. NumerixS Investment Technologies Inc bought a new stake in Weight Watchers International during the 4th quarter valued at about $60,000. Bank of Montreal Can lifted its holdings in Weight Watchers International by 23.5% during the 4th quarter. Bank of Montreal Can now owns 1,831 shares of the company’s stock valued at $70,000 after buying an additional 348 shares in the last quarter. Finally, Quantamental Technologies LLC bought a new stake in Weight Watchers International during the 4th quarter valued at about $92,000. Hedge funds and other institutional investors own 91.34% of the company’s stock.

In related news, insider Corinne Pollier-Bousquet sold 10,000 shares of the stock in a transaction on Friday, March 8th. The shares were sold at an average price of $19.17, for a total transaction of $191,700.00. Following the sale, the insider now directly owns 36,183 shares of the company’s stock, valued at $693,628.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mindy F. Grossman purchased 12,000 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were purchased at an average cost of $21.70 per share, for a total transaction of $260,400.00. The disclosure for this purchase can be found here. 12.31% of the stock is owned by corporate insiders.

WTW has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Weight Watchers International from a “hold” rating to a “sell” rating in a report on Saturday, February 16th. B. Riley reduced their price target on shares of Weight Watchers International from $101.00 to $75.00 and set a “buy” rating for the company in a report on Friday, February 22nd. JPMorgan Chase & Co. lowered shares of Weight Watchers International from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from $37.00 to $25.00 in a research note on Tuesday, February 19th. Craig Hallum reiterated a “buy” rating and set a $60.00 price objective (down previously from $80.00) on shares of Weight Watchers International in a research note on Wednesday, February 20th. Finally, Oppenheimer reiterated a “market perform” rating on shares of Weight Watchers International in a research note on Wednesday, February 27th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. Weight Watchers International presently has an average rating of “Hold” and an average target price of $44.15.

NYSE:WTW opened at $17.95 on Friday. Weight Watchers International, Inc. has a twelve month low of $17.55 and a twelve month high of $105.73.

Weight Watchers International (NYSE:WTW) last released its earnings results on Tuesday, February 26th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.03. The company had revenue of $330.39 million for the quarter, compared to analysts’ expectations of $347.19 million.

TRADEMARK VIOLATION WARNING: This piece was first posted by Baseball Daily News and is the property of of Baseball Daily News. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark legislation. The original version of this piece can be viewed at https://www.baseballdailydigest.com/news/2019/04/27/public-employees-retirement-system-of-ohio-purchases-125000-shares-of-weight-watchers-international-inc-wtw.html.

Weight Watchers International Profile

Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.

Read More: What is a recession?

Institutional Ownership by Quarter for Weight Watchers International (NYSE:WTW)

Receive News & Ratings for Weight Watchers International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weight Watchers International and related companies with MarketBeat.com's FREE daily email newsletter.