Empowered Funds LLC Boosts Holdings in Weis Markets, Inc. (NYSE:WMK)

Empowered Funds LLC boosted its holdings in Weis Markets, Inc. (NYSE:WMK - Free Report) by 521.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 69,309 shares of the company's stock after acquiring an additional 58,151 shares during the period. Empowered Funds LLC owned 0.26% of Weis Markets worth $4,694,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in WMK. Barclays PLC boosted its stake in shares of Weis Markets by 354.5% during the 3rd quarter. Barclays PLC now owns 27,459 shares of the company's stock worth $1,893,000 after purchasing an additional 21,418 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Weis Markets by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 434,964 shares of the company's stock worth $29,987,000 after purchasing an additional 16,463 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Weis Markets by 3.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 402,797 shares of the company's stock worth $27,765,000 after purchasing an additional 13,946 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Weis Markets by 79.8% during the 3rd quarter. Victory Capital Management Inc. now owns 20,261 shares of the company's stock worth $1,397,000 after purchasing an additional 8,990 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake 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 worth $1,665,000 after purchasing an additional 5,056 shares during the last quarter.

Weis Markets Stock Down 1.6 %

Shares of WMK stock traded down $1.15 during trading hours on Friday, hitting $71.26. 59,354 shares of the company were exchanged, compared to its average volume of 77,987. The firm has a market cap of $1.92 billion, a PE ratio of 20.02 and a beta of 0.51. Weis Markets, Inc. has a 1 year low of $59.58 and a 1 year high of $76.62. The firm has a fifty day moving average of $68.45 and a 200 day moving average of $68.35.

Weis Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.36 annualized dividend and a dividend yield of 1.91%. Weis Markets's payout ratio is currently 38.20%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Weis Markets from a "buy" rating to a "strong-buy" rating in a research note 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.