Weight Watchers International Inc (NYSE:WTW) has earned an average recommendation of “Hold” from the six brokerages that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $13.88.

WTW has been the topic of a number of analyst reports. Zacks Investment Research downgraded shares of Weight Watchers International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 3rd. Morgan Stanley increased their price target on shares of Weight Watchers International from $13.00 to $18.00 and gave the company an “underweight” rating in a research report on Monday, May 8th. Sidoti downgraded shares of Weight Watchers International from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 30th. Finally, ValuEngine upgraded shares of Weight Watchers International from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

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Weight Watchers International (NYSE WTW) opened at 39.12 on Tuesday. The stock has a 50 day moving average of $32.30 and a 200 day moving average of $20.96. Weight Watchers International has a 52-week low of $9.37 and a 52-week high of $39.22. The stock has a market capitalization of $2.51 billion, a P/E ratio of 29.19 and a beta of 3.04.

Weight Watchers International (NYSE:WTW) last released its earnings results on Tuesday, May 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. The company had revenue of $329.10 million for the quarter, compared to the consensus estimate of $322.80 million. Weight Watchers International had a net margin of 7.51% and a negative return on equity of 6.30%. On average, equities research analysts forecast that Weight Watchers International will post $1.29 EPS for the current year.

In other news, insider Corinne Pollier-Bousquet sold 9,543 shares of the firm’s stock in a transaction that occurred on Wednesday, May 3rd. The shares were sold at an average price of $24.84, for a total transaction of $237,048.12. Following the completion of the transaction, the insider now directly owns 23,910 shares of the company’s stock, valued at approximately $593,924.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 15.75% of the stock is owned by company insiders.

Several institutional investors have recently modified their holdings of WTW. Metropolitan Life Insurance Co. NY boosted its position in shares of Weight Watchers International by 14.0% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 20,115 shares of the company’s stock valued at $230,000 after buying an additional 2,475 shares in the last quarter. Clinton Group Inc. acquired a new position in shares of Weight Watchers International during the first quarter valued at $271,000. Highbridge Capital Management LLC acquired a new position in shares of Weight Watchers International during the first quarter valued at $391,000. Kohlberg Kravis Roberts & Co. L.P. acquired a new position in shares of Weight Watchers International during the first quarter valued at $3,308,000. Finally, Auxier Asset Management boosted its position in shares of Weight Watchers International by 0.6% in the fourth quarter. Auxier Asset Management now owns 49,220 shares of the company’s stock valued at $564,000 after buying an additional 300 shares in the last quarter. 86.41% of the stock is owned by institutional investors.

About Weight Watchers International

Weight Watchers International, Inc is a provider of weight management services. The Company operates globally through a network of Company-owned and franchise operations. The Company’s branded products and services 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.

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