KLP Kapitalforvaltning AS bought a new stake in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 10,600 shares of the company's stock, valued at approximately $718,000.
A number of other institutional investors also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its stake in shares of Weis Markets by 3.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 402,797 shares of the company's stock valued at $27,765,000 after buying an additional 13,946 shares in the last quarter. FMR LLC grew its position in Weis Markets by 22.3% in the third quarter. FMR LLC now owns 25,628 shares of the company's stock worth $1,767,000 after acquiring an additional 4,678 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Weis Markets by 61.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,649 shares of the company's stock worth $252,000 after purchasing an additional 1,391 shares during the last quarter. SageView Advisory Group LLC bought a new position in shares of Weis Markets during the 3rd quarter valued at $208,000. Finally, Jane Street Group LLC raised its holdings in shares of Weis Markets by 26.5% during the 3rd quarter. Jane Street Group LLC now owns 24,150 shares of the company's stock valued at $1,665,000 after purchasing an additional 5,056 shares in the last quarter.
Weis Markets Price Performance
NYSE:WMK traded down $1.55 during trading hours on Friday, reaching $77.81. The company's stock had a trading volume of 165,843 shares, compared to its average volume of 87,903. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 21.86 and a beta of 0.67. Weis Markets, Inc. has a one year low of $60.39 and a one year high of $83.09. The business's 50-day moving average is $74.12 and its 200-day moving average is $70.41.
Weis Markets (NYSE:WMK - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $1.29 EPS for the quarter. Weis Markets had a return on equity of 6.85% and a net margin of 2.01%. The business had revenue of $1.23 billion for the quarter.
Weis Markets Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend was Tuesday, February 18th. Weis Markets's dividend payout ratio is 33.25%.
Weis Markets Profile
(
Free Report)
Weis Markets, Inc engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products.
See Also
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