BNP Paribas Financial Markets Makes New Investment in Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX)

BNP Paribas Financial Markets purchased a new position in shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 49,600 shares of the company’s stock, valued at approximately $555,000. BNP Paribas Financial Markets owned 0.13% of Betterware de México, S.A.P.I. de C.V. as of its most recent SEC filing.

Separately, Proficio Capital Partners LLC increased its stake in shares of Betterware de México, S.A.P.I. de C.V. by 34.3% during the fourth quarter. Proficio Capital Partners LLC now owns 15,671 shares of the company’s stock worth $175,000 after buying an additional 4,000 shares during the period. Institutional investors and hedge funds own 12.72% of the company’s stock.

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

Shares of BWMX opened at $8.42 on Friday. The stock has a 50 day moving average price of $10.34 and a 200 day moving average price of $11.13. The company has a quick ratio of 0.50, a current ratio of 1.07 and a debt-to-equity ratio of 3.85. The company has a market capitalization of $314.10 million, a price-to-earnings ratio of 6.01 and a beta of 1.27. Betterware de México, S.A.P.I. de C.V. has a 52-week low of $8.24 and a 52-week high of $17.50.

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

The firm also recently declared a dividend, which was paid on Friday, May 23rd. Investors of record on Tuesday, May 13th were issued a $0.2463 dividend. This represents a yield of 10.58%. The ex-dividend date was Monday, May 12th. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio (DPR) is 134.57%.

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.