17,269 Shares in Weis Markets, Inc. (NYSE:WMK) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 17,269 shares of the company's stock, valued at approximately $1,169,000. Proficio Capital Partners LLC owned approximately 0.06% of Weis Markets as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in WMK. Victory Capital Management Inc. boosted its holdings in Weis Markets by 79.8% in the 3rd quarter. Victory Capital Management Inc. now owns 20,261 shares of the company's stock worth $1,397,000 after buying an additional 8,990 shares during the period. Prospera Private Wealth LLC purchased a new stake in shares of Weis Markets during the third quarter worth about $44,000. Charles Schwab Investment Management Inc. raised its stake in Weis Markets by 3.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 402,797 shares of the company's stock valued at $27,765,000 after purchasing an additional 13,946 shares during the period. FMR LLC lifted its holdings in Weis Markets by 22.3% in the 3rd quarter. FMR LLC now owns 25,628 shares of the company's stock worth $1,767,000 after purchasing an additional 4,678 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Weis Markets by 61.6% in 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 period.

Weis Markets Trading Down 0.2 %

Shares of NYSE:WMK traded down $0.16 during mid-day trading on Monday, reaching $76.06. The stock had a trading volume of 104,416 shares, compared to its average volume of 108,253. The business's 50 day moving average price is $71.81 and its 200 day moving average price is $69.79. Weis Markets, Inc. has a 1 year low of $60.39 and a 1 year high of $83.09. The company has a market cap of $2.05 billion, a P/E ratio of 21.36 and a beta of 0.53.

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Weis Markets (NYSE:WMK - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $1.29 earnings per share (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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.36 annualized dividend and a yield of 1.79%. Weis Markets's dividend payout ratio (DPR) is currently 33.25%.

About Weis Markets

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.