Weis Markets, Inc. (NYSE:WMK) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its holdings in Weis Markets, Inc. (NYSE:WMK - Free Report) by 0.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,106,986 shares of the company's stock after selling 16,049 shares during the quarter. Dimensional Fund Advisors LP owned 7.83% of Weis Markets worth $142,685,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Barclays PLC boosted its holdings in Weis Markets by 3.6% in the 4th quarter. Barclays PLC now owns 28,448 shares of the company's stock valued at $1,926,000 after purchasing an additional 989 shares in the last quarter. Sterling Capital Management LLC boosted its holdings in Weis Markets by 826.3% in the 4th quarter. Sterling Capital Management LLC now owns 528 shares of the company's stock valued at $36,000 after purchasing an additional 471 shares in the last quarter. Legal & General Group Plc boosted its holdings in Weis Markets by 2.8% in the 4th quarter. Legal & General Group Plc now owns 17,451 shares of the company's stock valued at $1,182,000 after purchasing an additional 482 shares in the last quarter. ExodusPoint Capital Management LP purchased a new stake in Weis Markets in the 4th quarter valued at approximately $1,502,000. Finally, Geode Capital Management LLC boosted its holdings in Weis Markets by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 442,810 shares of the company's stock valued at $29,994,000 after purchasing an additional 7,846 shares in the last quarter.

Weis Markets Price Performance

Shares of WMK stock traded up $0.82 during midday trading on Monday, reaching $82.27. 96,994 shares of the company traded hands, compared to its average volume of 90,393. The firm's 50 day simple moving average is $78.29 and its two-hundred day simple moving average is $72.15. Weis Markets, Inc. has a 1-year low of $60.93 and a 1-year high of $85.41. The firm has a market cap of $2.21 billion, a PE ratio of 23.11 and a beta of 0.67.

Weis Markets (NYSE:WMK - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $1.29 earnings per share (EPS) for the quarter. Weis Markets had a net margin of 2.01% and a return on equity of 6.85%. The company had revenue of $1.23 billion during the quarter.

Weis Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.65%. Weis Markets's payout ratio is 33.25%.

Weis Markets Company Profile

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.