Today’s Shorts Alert: Could Weight Watchers International IN (NYSE:WTW) Change Direction After Less Shorts?

November 21, 2016 - By Darrin Black   ·   0 Comments

Today's Shorts Alert: Could Weight Watchers International IN (NYSE:WTW) Change Direction After Less Shorts?

The stock of Weight Watchers International IN (NYSE:WTW) registered a decrease of 0.28% in short interest. WTW’s total short interest was 17.06M shares in November as published by FINRA. Its down 0.28% from 17.11 million shares, reported previously. With 1.27M shares average volume, it will take short sellers 13 days to cover their WTW’s short positions. The short interest to Weight Watchers International IN’s float is 62.21%. About 307,754 shares traded hands. Weight Watchers International, Inc. (NYSE:WTW) has declined 23.82% since April 19, 2016 and is downtrending. It has underperformed by 27.68% the S&P500.

Weight Watchers International, Inc. is a well-known provider of weight management services. The company has a market cap of $696.90 million. The Firm operates globally through a network of Company-owned and franchise operations. It has a 17.58 P/E ratio. The Company’s branded services and products include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications.

Insitutional Activity: The institutional sentiment decreased to 0.72 in Q2 2016. Its down 0.44, from 1.16 in 2016Q1. The ratio fall, as 29 funds sold all Weight Watchers International, Inc. shares owned while 34 reduced positions. 28 funds bought stakes while 45 increased positions. They now own 58.51 million shares or 0.81% more from 58.04 million shares in 2016Q1.
Adage Capital Grp Inc Lc, a Massachusetts-based fund reported 800,000 shares. Morgan Stanley, a New York-based fund reported 583,776 shares. Palo Inc has 37,006 shares for 0.15% of their US portfolio. Investec Asset Mngmt Ltd, a United Kingdom-based fund reported 255,993 shares. Highbridge Cap Management Ltd holds 0.01% or 32,694 shares in its portfolio. Blackrock Advsr Ltd Llc last reported 0% of its portfolio in the stock. Hsbc Public Limited Company has 0% invested in the company for 43,757 shares. Goldman Sachs Group, a New York-based fund reported 160,622 shares. Nationwide Fund holds 0% or 18,492 shares in its portfolio. Raymond James Associates last reported 15,935 shares in the company. North Star Inv Mngmt Corporation reported 200 shares or 0% of all its holdings. 12 West Management Limited Partnership has invested 1.12% of its portfolio in Weight Watchers International, Inc. (NYSE:WTW). Guggenheim Cap Ltd holds 56,991 shares or 0% of its portfolio. Point72 Asset Mngmt Ltd Partnership holds 1,000 shares or 0% of its portfolio. Gsa Prtnrs Limited Liability Partnership has 0.03% invested in the company for 46,678 shares.

Weight Watchers International, Inc. (NYSE:WTW) Ratings Coverage

Out of 5 analysts covering Weight Watchers International (NYSE:WTW), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Weight Watchers International has been the topic of 12 analyst reports since August 8, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Craig Hallum given on Monday, December 7. The firm has “Buy” rating by Sidoti given on Tuesday, May 24. The company was upgraded on Tuesday, August 11 by Vetr. Barclays Capital maintained Weight Watchers International, Inc. (NYSE:WTW) on Friday, February 26 with “Equal-Weight” rating. The rating was downgraded by Standpoint Research to “Hold” on Wednesday, October 21. The firm has “Buy” rating by Craig Hallum given on Friday, November 6. Zacks upgraded the shares of WTW in a report on Saturday, August 8 to “Hold” rating. The stock has “Buy” rating given by Craig Hallum on Tuesday, September 15. Barclays Capital upgraded it to “Equal-Weight” rating and $14 target price in Tuesday, October 20 report. Craig Hallum maintained Weight Watchers International, Inc. (NYSE:WTW) rating on Monday, October 19. Craig Hallum has “Buy” rating and $20 price target.

WTW Company Profile

Weight Watchers International, Inc., incorporated on February 19, 1974, is a well-known provider of weight management services. The Firm operates globally through a network of Company-owned and franchise operations. The Company’s branded services and products include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications. The Firm operates through four divisions: North America, United Kingdom, Continental Europe (CE) and Other. It sells a range of products, including bars, snacks, cookbooks, food and restaurant guides with SmartPoints values, Weight Watchers magazines, SmartPoints calculators and fitness kits, and certain third-party products, such as activity-tracking monitors. The Firm sells its products through its meetings business, online and to its franchisees. The Company’s e-commerce platform at shop.weightwatchers.com makes the site available to all consumers, including non-members and non-subscribers. It also issues other publications, such as cookbooks and food and restaurant guides with SmartPoints values.

More notable recent Weight Watchers International, Inc. (NYSE:WTW) news were published by: Fool.com which released: “Why Weight Watchers International, Inc. Stock Popped Today” on November 04, 2016, also Usnews.com with their article: “WTW Stock: Oprah Winfrey Will Help Weight Watchers International Inc. Find a …” published on September 13, 2016, Fool.com published: “Why Did Weight Watchers International, Inc. Fall 23% in June?” on July 05, 2016. More interesting news about Weight Watchers International, Inc. (NYSE:WTW) were released by: Fool.com and their article: “Why Did Weight Watchers International, Inc. Shares Lose 11% in April?” published on May 10, 2016 as well as Fool.com‘s news article titled: “Weight Watchers International Inc. Gains On Oprah’s Weight Loss, But Will It Last?” with publication date: February 02, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Darrin Black


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>