State of New Jersey Common Pension Fund D Sells 60,000 Shares of Weight Watchers International, Inc. (NYSE:WTW)

State of New Jersey Common Pension Fund D decreased its position in Weight Watchers International, Inc. (NYSE:WTW) by 13.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 390,000 shares of the company’s stock after selling 60,000 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Weight Watchers International were worth $7,449,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WTW. Royce & Associates LP bought a new stake in shares of Weight Watchers International in the 1st quarter worth about $37,000. Private Capital Group LLC lifted its position in Weight Watchers International by 41.1% during the 1st quarter. Private Capital Group LLC now owns 1,983 shares of the company’s stock worth $40,000 after buying an additional 578 shares in the last quarter. Flagship Harbor Advisors LLC lifted its position in Weight Watchers International by 4,310.3% during the 1st quarter. Flagship Harbor Advisors LLC now owns 5,116 shares of the company’s stock worth $103,000 after buying an additional 5,000 shares in the last quarter. Advisor Group Inc. lifted its position in Weight Watchers International by 49.2% during the 4th quarter. Advisor Group Inc. now owns 3,687 shares of the company’s stock worth $142,000 after buying an additional 1,215 shares in the last quarter. Finally, Bank of Montreal Can lifted its position in Weight Watchers International by 346.3% during the 1st quarter. Bank of Montreal Can now owns 8,171 shares of the company’s stock worth $165,000 after buying an additional 6,340 shares in the last quarter. 91.34% of the stock is currently owned by institutional investors and hedge funds.

Weight Watchers International stock traded down $0.02 during trading hours on Thursday, reaching $21.65. 1,643,362 shares of the company’s stock traded hands, 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. The business’s 50 day moving average price is $21.44.

Separately, JPMorgan Chase & Co. reduced their price target on shares of Weight Watchers International from $14.00 to $12.00 and set an “underweight” rating on the stock in a research report on Thursday, April 11th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $44.15.

Weight Watchers International Company 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: Capital Gains Distribution

Want to see what other hedge funds are holding WTW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Weight Watchers International, Inc. (NYSE:WTW).

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.