Economy

Blue Apron stock suffers as Weight Watchers gets into meal kits

Blue Apron stock suffers as Weight Watchers gets into meal kits”

Following the transaction, the director now owns 6,009,283 shares of the company's stock, valued at $378,104,086.36. Weight Watchers, which is enjoying something of a renaissance with a rebound in memberships, also announced it will begin selling kitchen tools, and now has a partnership with celebrity chef Eric Greenspan to create recipes that can be part of Weight Watchers' new Freestyle program. The stock increased 4.64% or $2.71 during the last trading session, reaching $61.13. About 1.14 million shares traded.

Weight Watchers International, Inc. has a 1-year low of $14.12 and a 1-year high of $77.19. (NYSE:WTW) has risen 100.08% since March 8, 2017 and is uptrending. The company has market cap of $3.91 billion. The firm invests in real estate markets of the United States. It has a 25.17 P/E ratio. It primarily engages in ownership, acquisition, management, leasing, and development of properties associated with delivery of healthcare services such as medical office and outpatient facilities.

Add Weight Watchers International (wtw) to the growing list of contenders in the meal kit wars. Acadian Asset Mngmt Lc invested in 75,035 shares or 0.01% of the stock. Benjamin F Edwards And Commerce invested in 300 shares or 0% of the stock. Duff & Phelps Investment Management Co, a Illinois-based fund reported 959,237 shares.

Since March 2, 2018, it had 0 insider buys, and 1 insider sale for $50,000 activity. The stock decreased 0.98% or $0.6 during the last trading session, reaching $60.53. About 45,212 shares traded. Healthcare Realty Trust Incorporated (HR) has risen 10.13% since March 8, 2017 and is uptrending. It has underperformed by 31.85% the S&P500.

More news: ARP Americas LP Purchases Shares of 45600 Corning Incorporated (NYSE:GLW)

Analysts await Healthcare Realty Trust Incorporated (NYSE:HR) to report earnings on May, 2. The institutional investor held 41,925 shares of the other consumer services company at the end of 2017Q3, valued at $1.83 million, down from 113,497 at the end of the previous reported quarter. (NYSE:WTW). Voloridge Invest Management Limited Liability invested 0.19% in Weight Watchers International, Inc. Therefore 57% are positive. ValuEngine raised Weight Watchers International from a "hold" rating to a "buy" rating in a research note on Thursday, March 1st. Craig Hallum reaffirmed a "buy" rating and issued a $80.00 price target (up from $70.00) on shares of Weight Watchers International in a report on Wednesday, February 7th. The stock of Antero Resources Corporation (NYSE:AR) earned "Outperform" rating by Raymond James on Monday, September 21. As per Friday, January 19, the company rating was maintained by Craig Hallum. As per Wednesday, February 28, the company rating was maintained by FBR Capital. Vetr upgraded the shares of WTW in report on Tuesday, August 11 to "Hold" rating. Wells Fargo Co Mn holds 0% of its portfolio in Weight Watchers International, Inc. The rating was maintained by FBR Capital on Thursday, February 22 with "Buy". The rating was initiated by Sidoti on Tuesday, May 24 with "Buy". As per Tuesday, November 7, the company rating was maintained by Craig Hallum.

Baupost Group Llc, which manages about $29.88B and $8.02B US Long portfolio, decreased its stake in Chipmos Technologies Inc by 461,563 shares to 3.05M shares, valued at $58.89M in 2017Q3, according to the filing. Alibaba Group Hldg Ltd (Put) (NYSE:BABA) was reduced too.

In related news, Director Oprah Winfrey sold 2,359,702 shares of the stock in a transaction on Tuesday, March 6th.

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