Barclays PLC Acquires 21,418 Shares of Weis Markets, Inc. (NYSE:WMK)

Barclays PLC boosted its position in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 354.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,459 shares of the company's stock after acquiring an additional 21,418 shares during the period. Barclays PLC owned 0.10% of Weis Markets worth $1,893,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in shares of Weis Markets by 29.1% in the second quarter. American Century Companies Inc. now owns 334,324 shares of the company's stock worth $20,986,000 after purchasing an additional 75,395 shares during the period. AQR Capital Management LLC acquired a new stake in Weis Markets in the 2nd quarter valued at approximately $813,000. International Assets Investment Management LLC increased its position in Weis Markets by 6,800.0% in the 3rd quarter. International Assets Investment Management LLC now owns 414 shares of the company's stock worth $29,000 after buying an additional 408 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Weis Markets by 3.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 402,797 shares of the company's stock worth $27,765,000 after buying an additional 13,946 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of Weis Markets by 79.8% in the third quarter. Victory Capital Management Inc. now owns 20,261 shares of the company's stock valued at $1,397,000 after acquiring an additional 8,990 shares during the period.

Weis Markets Stock Performance

Shares of WMK traded down $1.08 during trading hours on Friday, reaching $68.11. 64,490 shares of the company traded hands, compared to its average volume of 87,281. Weis Markets, Inc. has a 1-year low of $58.87 and a 1-year high of $76.62. The stock has a market cap of $1.83 billion, a P/E ratio of 19.13 and a beta of 0.51. The stock's fifty day moving average is $69.80 and its 200 day moving average is $67.87.

Weis Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th were given a $0.34 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.00%. Weis Markets's dividend payout ratio is currently 38.20%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Weis Markets from a "buy" rating to a "strong-buy" rating in a research report on Thursday, November 7th.

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.