Ziff Brothers Investments L.l.c. Exits Position in Weight Watchers International (WTW)

Weight Watchers International (WTW) : Ziff Brothers Investments L.l.c. has sold out all of its stake in Weight Watchers International during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 300,000 shares of Weight Watchers International which is valued at $3,441,000.

Other Hedge Funds, Including , Clearline Capital Lp sold out all of its stake in WTW during the most recent quarter. The investment firm sold 1,615,183 shares of WTW which is valued $18,526,149.Citadel Advisors boosted its stake in WTW in the latest quarter, The investment management firm added 486,129 additional shares and now holds a total of 642,888 shares of Weight Watchers International which is valued at $7,373,925. Weight Watchers International makes up approx 0.02% of Citadel Advisors’s portfolio. Seven Eight Capital sold out all of its stake in WTW during the most recent quarter. The investment firm sold 9,558 shares of WTW which is valued $109,630.Blackrock Fund Advisors reduced its stake in WTW by selling 60,716 shares or 8.46% in the most recent quarter. The Hedge Fund company now holds 657,257 shares of WTW which is valued at $7,538,738.Quantitative Investment Management boosted its stake in WTW in the latest quarter, The investment management firm added 2,300 additional shares and now holds a total of 18,400 shares of Weight Watchers International which is valued at $198,904. Weight Watchers International makes up approx 0.01% of Quantitative Investment Management’s portfolio.

Weight Watchers International closed down -0.25 points or -2.38% at $10.26 with 11,84,716 shares getting traded on Thursday. Post opening the session at $10.4, the shares hit an intraday low of $10.2 and an intraday high of $10.52 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Weight Watchers International reported $0.46 EPS for the quarter, based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus estimate of $0.46. The company had revenue of $309.80 million for the quarter, compared to analysts expectations of $318.30 million. During the same quarter in the previous year, the company posted $0.49 EPS.

Many Wall Street Analysts have commented on Weight Watchers International. Sidoti Initiated Weight Watchers International on May 24, 2016 to “Buy”, Price Target of the shares are set at $25.

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 provides Services and Products including: Weight Management Plans Clinical Efficacy and Meetings. Weight Management Plans provides weight management program comprised of nutritional exercise and behavioral tools and approaches. Clinical Efficacy offers clinically-studied commercial weight management programs. Meetings present the Company’s program food plans exercise behavior modification and group support. The company operates through North America United Kingdom Continental Europe and Other segments.

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