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WW International, Inc. (NASDAQ:WW) Shares Sold by New York State Common Retirement Fund


New York State Common Retirement Fund lessened its holdings in shares of WW International, Inc. (NASDAQ:WWGet Rating) by 57.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 37,668 shares of the company’s stock after selling 50,167 shares during the quarter. New York State Common Retirement Fund owned 0.05% of WW International worth $385,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WW. Rhumbline Advisers grew its position in WW International by 2.8% in the fourth quarter. Rhumbline Advisers now owns 143,830 shares of the company’s stock valued at $2,320,000 after acquiring an additional 3,851 shares in the last quarter. Dupont Capital Management Corp grew its position in WW International by 77.7% in the first quarter. Dupont Capital Management Corp now owns 14,599 shares of the company’s stock valued at $149,000 after acquiring an additional 6,383 shares in the last quarter. Strs Ohio acquired a new stake in WW International in the first quarter valued at approximately $121,000. Finally, Keebeck Alpha LP acquired a new stake in WW International in the fourth quarter valued at approximately $203,000. Institutional investors and hedge funds own 92.96% of the company’s stock.

WW International Price Performance

Shares of WW opened at $6.34 on Friday. The business’s fifty day moving average price is $6.76 and its 200 day moving average price is $6.97. WW International, Inc. has a 12-month low of $5.66 and a 12-month high of $24.28. The stock has a market capitalization of $446.21 million, a PE ratio of 7.20, a price-to-earnings-growth ratio of 0.56 and a beta of 1.52.

WW International (NASDAQ:WWGet Rating) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.04. WW International had a negative return on equity of 20.84% and a net margin of 5.58%. The firm had revenue of $269.45 million for the quarter, compared to analysts’ expectations of $283.44 million. As a group, research analysts anticipate that WW International, Inc. will post 0.81 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WW has been the subject of several research analyst reports. DA Davidson reduced their target price on WW International from $18.75 to $15.00 and set a “buy” rating for the company in a research note on Monday, August 8th. Morgan Stanley reduced their target price on WW International from $10.00 to $9.00 and set an “equal weight” rating for the company in a research note on Monday, August 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $14.33.

WW International Company Profile

(Get Rating)

WW International, Inc provides weight management products and services worldwide. The company operates in four segments: North America, Continental Europe, United Kingdom, and Other. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and Web-based products, including personal coaching and digital products; and allows members to inspire and support each other by sharing their experiences with other people on weight management and wellness journeys.

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Institutional Ownership by Quarter for WW International (NASDAQ:WW)



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