Trillium Asset Management LLC Has $640,000 Stake in Weight Watchers International, Inc. (WTW)

Trillium Asset Management LLC reduced its stake in Weight Watchers International, Inc. (NYSE:WTW) by 59.9% in the first quarter, HoldingsChannel.com reports. The fund owned 31,768 shares of the company’s stock after selling 47,484 shares during the period. Trillium Asset Management LLC’s holdings in Weight Watchers International were worth $640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of WTW. JPMorgan Chase & Co. raised its stake in Weight Watchers International by 136.7% during the third quarter. JPMorgan Chase & Co. now owns 125,038 shares of the company’s stock worth $9,002,000 after acquiring an additional 72,222 shares in the last quarter. Legal & General Group Plc raised its stake in Weight Watchers International by 176.2% during the third quarter. Legal & General Group Plc now owns 38,577 shares of the company’s stock worth $2,777,000 after acquiring an additional 24,611 shares in the last quarter. Vanguard Group Inc raised its stake in Weight Watchers International by 16.4% during the third quarter. Vanguard Group Inc now owns 5,326,712 shares of the company’s stock worth $383,471,000 after acquiring an additional 750,351 shares in the last quarter. Neuberger Berman Group LLC raised its stake in Weight Watchers International by 14.4% during the third quarter. Neuberger Berman Group LLC now owns 4,600 shares of the company’s stock worth $331,000 after acquiring an additional 580 shares in the last quarter. Finally, Retirement Systems of Alabama raised its stake in Weight Watchers International by 0.7% during the fourth quarter. Retirement Systems of Alabama now owns 50,261 shares of the company’s stock worth $1,938,000 after acquiring an additional 325 shares in the last quarter. 91.34% of the stock is owned by hedge funds and other institutional investors.

In other news, insider Corinne Pollier-Bousquet sold 10,000 shares of the firm’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $19.17, for a total value of $191,700.00. Following the completion of the sale, the insider now directly owns 36,183 shares in the company, valued at $693,628.11. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Mindy F. Grossman bought 12,000 shares of the stock in a transaction dated Friday, March 1st. The stock was acquired at an average price of $21.70 per share, with a total value of $260,400.00. The disclosure for this purchase can be found here. Company insiders own 12.31% of the company’s stock.

WTW has been the subject of several recent analyst reports. Craig Hallum reiterated a “buy” rating and set a $60.00 price objective (down from $80.00) on shares of Weight Watchers International in a research note on Wednesday, February 20th. JPMorgan Chase & Co. dropped their price objective on Weight Watchers International from $14.00 to $12.00 and set an “underweight” rating for the company in a research note on Thursday, April 11th. UBS Group lowered Weight Watchers International from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 27th. DA Davidson lowered Weight Watchers International from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $137.00 to $23.00 in a research note on Wednesday, February 27th. Finally, Sidoti dropped their price objective on Weight Watchers International from $122.00 to $99.00 and set a “buy” rating for the company in a research note on Monday, February 11th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. Weight Watchers International has a consensus rating of “Hold” and a consensus price target of $44.15.

Shares of NYSE:WTW traded down $0.70 during midday trading on Friday, reaching $20.82. The company’s stock had a trading volume of 1,899,881 shares, compared to its average volume of 4,480,567. Weight Watchers International, Inc. has a fifty-two week low of $17.55 and a fifty-two week high of $105.73.

Weight Watchers International (NYSE:WTW) last announced its earnings results on Tuesday, February 26th. The company reported $0.63 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.03. The business had revenue of $330.39 million during the quarter, compared to analyst estimates of $347.19 million.

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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.

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

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