GSA Capital Partners LLP lessened its stake in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 11.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,874 shares of the company's stock after selling 6,896 shares during the period. Weis Markets accounts for 0.3% of GSA Capital Partners LLP's portfolio, making the stock its 21st largest holding. GSA Capital Partners LLP owned 0.19% of Weis Markets worth $3,576,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently modified their holdings of WMK. American Century Companies Inc. grew its stake in Weis Markets by 29.1% in the 2nd quarter. American Century Companies Inc. now owns 334,324 shares of the company's stock valued at $20,986,000 after buying an additional 75,395 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of Weis Markets in the second quarter worth about $813,000. Dimensional Fund Advisors LP lifted its position in shares of Weis Markets by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,143,192 shares of the company's stock worth $134,528,000 after purchasing an additional 7,856 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Weis Markets by 212.5% during the 2nd quarter. Bank of Montreal Can now owns 11,279 shares of the company's stock worth $716,000 after purchasing an additional 7,670 shares during the last quarter. Finally, Squarepoint Ops LLC grew its holdings in Weis Markets by 23.8% in the 2nd quarter. Squarepoint Ops LLC now owns 34,326 shares of the company's stock valued at $2,155,000 after buying an additional 6,598 shares during the last quarter.
Weis Markets Stock Down 3.0 %
NYSE WMK traded down $2.23 during midday trading on Tuesday, hitting $73.35. The company had a trading volume of 82,907 shares, compared to its average volume of 88,360. The firm has a fifty day simple moving average of $67.22 and a two-hundred day simple moving average of $66.46. Weis Markets, Inc. has a fifty-two week low of $58.87 and a fifty-two week high of $76.62. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 21.32 and a beta of 0.47.
Weis Markets Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.36 annualized dividend and a yield of 1.85%. Weis Markets's dividend payout ratio is 38.20%.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Weis Markets from a "buy" rating to a "strong-buy" rating in a report on Thursday, November 7th.
Read Our Latest Research Report on Weis Markets
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.
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