Legal & General Group Plc Has $1.63 Million Position in Weight Watchers International, Inc. (WTW)

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Legal & General Group Plc increased its holdings in Weight Watchers International, Inc. (NYSE:WTW) by 9.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 42,209 shares of the company’s stock after acquiring an additional 3,632 shares during the quarter. Legal & General Group Plc’s holdings in Weight Watchers International were worth $1,627,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Vanguard Group Inc. raised its position in Weight Watchers International by 16.4% in the 3rd quarter. Vanguard Group Inc. now owns 5,326,712 shares of the company’s stock worth $383,471,000 after purchasing an additional 750,351 shares during the period. Vanguard Group Inc grew its holdings in Weight Watchers International by 16.4% in the 3rd 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 during the last quarter. BlackRock Inc. grew its holdings in Weight Watchers International by 1.7% in the 4th quarter. BlackRock Inc. now owns 4,391,375 shares of the company’s stock worth $169,287,000 after acquiring an additional 71,294 shares during the last quarter. Villere ST Denis J & Co. LLC grew its holdings in Weight Watchers International by 20.1% in the 4th quarter. Villere ST Denis J & Co. LLC now owns 1,198,916 shares of the company’s stock worth $46,218,000 after acquiring an additional 200,609 shares during the last quarter. Finally, Park West Asset Management LLC bought a new stake in Weight Watchers International in the 4th quarter worth $34,695,000. Institutional investors own 91.34% of the company’s stock.

A number of equities research analysts have issued reports on WTW shares. B. Riley cut their price target on shares of Weight Watchers International from $101.00 to $75.00 and set a “buy” rating on the stock in a report on Friday, February 22nd. Craig Hallum reissued a “buy” rating and issued a $60.00 price target (down previously from $80.00) on shares of Weight Watchers International in a report on Wednesday, February 20th. Sidoti cut their price target on shares of Weight Watchers International from $122.00 to $99.00 and set a “buy” rating on the stock in a report on Monday, February 11th. TheStreet lowered shares of Weight Watchers International from a “b-” rating to a “c+” rating in a report on Monday, January 14th. Finally, Zacks Investment Research raised shares of Weight Watchers International from a “sell” rating to a “hold” rating in a report on Saturday, February 9th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company. Weight Watchers International has an average rating of “Hold” and a consensus price target of $44.15.

Shares of WTW opened at $19.07 on Friday. Weight Watchers International, Inc. has a 1-year low of $17.55 and a 1-year 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 analysts’ consensus estimates of $0.60 by $0.03. The company had revenue of $330.39 million for the quarter, compared to the consensus estimate of $347.19 million.

In other news, insider Corinne Pollier-Bousquet sold 10,000 shares of Weight Watchers International stock in a transaction dated 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 owns 36,183 shares of the company’s stock, valued at approximately $693,628.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mindy F. Grossman bought 12,000 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were bought 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. Insiders own 12.31% of the company’s stock.

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About Weight Watchers International

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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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)

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