Weight Watchers International, Inc. (NASDAQ:WW) Given Average Rating of “Hold” by Analysts

Weight Watchers International, Inc. (NASDAQ:WW) has been assigned a consensus rating of “Hold” from the seventeen research firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $31.18.

Several research firms recently commented on WW. Oppenheimer restated a “hold” rating on shares of Weight Watchers International in a research report on Wednesday, April 29th. Jefferies Financial Group reissued a “buy” rating and issued a $35.00 price target on shares of Weight Watchers International in a research note on Thursday, June 25th. Guggenheim began coverage on shares of Weight Watchers International in a research note on Friday, June 12th. They issued a “buy” rating and a $28.00 price target on the stock. B. Riley lifted their target price on shares of Weight Watchers International from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, UBS Group dropped their price target on shares of Weight Watchers International from $38.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th.

In other news, Director Oprah Winfrey sold 225,475 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $30.17, for a total transaction of $6,802,580.75. Following the transaction, the director now directly owns 5,077,458 shares of the company’s stock, valued at approximately $153,186,907.86. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders have sold 757,515 shares of company stock worth $20,463,937. Corporate insiders own 12.48% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Amalgamated Bank lifted its holdings in shares of Weight Watchers International by 9.5% during the 4th quarter. Amalgamated Bank now owns 7,741 shares of the company’s stock worth $296,000 after acquiring an additional 674 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Weight Watchers International during the 4th quarter worth about $21,000,000. UBS Asset Management Americas Inc. lifted its holdings in shares of Weight Watchers International by 18.1% during the 4th quarter. UBS Asset Management Americas Inc. now owns 53,426 shares of the company’s stock worth $2,041,000 after acquiring an additional 8,187 shares during the period. Geode Capital Management LLC raised its holdings in Weight Watchers International by 4.0% in the fourth quarter. Geode Capital Management LLC now owns 818,663 shares of the company’s stock valued at $31,281,000 after buying an additional 31,796 shares during the period. Finally, New York State Teachers Retirement System raised its holdings in Weight Watchers International by 12.6% in the first quarter. New York State Teachers Retirement System now owns 39,400 shares of the company’s stock valued at $666,000 after buying an additional 4,400 shares during the period. 81.07% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ:WW traded down $0.27 during midday trading on Tuesday, reaching $25.78. The company’s stock had a trading volume of 685,282 shares, compared to its average volume of 907,083. The firm has a market capitalization of $1.74 billion, a PE ratio of 14.01, a P/E/G ratio of 1.16 and a beta of 2.58. Weight Watchers International has a twelve month low of $9.75 and a twelve month high of $47.19. The stock has a fifty day moving average of $25.44 and a 200 day moving average of $26.52.

About Weight Watchers International

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

See Also: Ex-Dividend

Analyst Recommendations for Weight Watchers International (NASDAQ:WW)

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.