WW International (NASDAQ:WW) Upgraded at StockNews.com

StockNews.com upgraded shares of WW International (NASDAQ:WW) from a sell rating to a hold rating in a research report released on Thursday morning.

WW has been the subject of several other reports. Morgan Stanley lowered WW International from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $6.50 to $1.25 in a report on Friday, July 26th. Guggenheim dropped their target price on shares of WW International from $12.00 to $6.00 and set a “buy” rating for the company in a report on Friday, August 2nd. UBS Group lowered their price objective on shares of WW International from $2.10 to $1.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. Finally, Barclays reissued an “underweight” rating and set a $0.75 price target on shares of WW International in a research report on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $4.50.

WW International Price Performance

WW International stock traded down $0.02 during mid-day trading on Thursday, reaching $0.92. 1,268,752 shares of the company were exchanged, compared to its average volume of 5,632,974. The firm has a market cap of $73.68 million, a PE ratio of -0.16 and a beta of 1.69. WW International has a 12 month low of $0.67 and a 12 month high of $9.77. The company has a fifty day simple moving average of $1.02 and a 200-day simple moving average of $1.21.

Hedge Funds Weigh In On WW International

Large investors have recently made changes to their positions in the stock. SG Americas Securities LLC boosted its stake in WW International by 52.1% during the 1st quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock worth $88,000 after purchasing an additional 16,244 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of WW International by 229.7% during the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock worth $210,000 after purchasing an additional 79,026 shares during the last quarter. Prism Advisors Inc. boosted its position in shares of WW International by 110.0% in the third quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock worth $37,000 after acquiring an additional 22,000 shares during the last quarter. Marshall Wace LLP boosted its position in shares of WW International by 159.9% in the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock worth $305,000 after acquiring an additional 160,200 shares during the last quarter. Finally, Empirical Capital Management LLC acquired a new stake in shares of WW International in the first quarter worth approximately $185,000. 86.18% of the stock is currently owned by institutional investors and hedge funds.

WW International Company Profile

WW International, Inc provides weight management products and services worldwide. 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 platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.