Proficio Capital Partners LLC Invests $1.17 Million in Weis Markets, Inc. (NYSE:WMK)

Proficio Capital Partners LLC bought a new stake in Weis Markets, Inc. (NYSE:WMK - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 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 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Denali Advisors LLC raised its stake in Weis Markets by 28.5% during the fourth quarter. Denali Advisors LLC now owns 37,900 shares of the company's stock worth $2,567,000 after buying an additional 8,400 shares during the last quarter. New York State Common Retirement Fund raised its position in Weis Markets by 24.1% in the 4th quarter. New York State Common Retirement Fund now owns 15,939 shares of the company's stock valued at $1,079,000 after buying an additional 3,100 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Weis Markets by 521.2% during the 4th quarter. Empowered Funds LLC now owns 69,309 shares of the company's stock worth $4,694,000 after buying an additional 58,151 shares in the last quarter. Blue Trust Inc. lifted its holdings in Weis Markets by 32.8% during the fourth quarter. Blue Trust Inc. now owns 858 shares of the company's stock worth $59,000 after acquiring an additional 212 shares during the period. Finally, Flagship Harbor Advisors LLC purchased a new position in Weis Markets in the fourth quarter valued at about $205,000.

Weis Markets Stock Down 3.3 %

WMK traded down $2.69 on Tuesday, hitting $79.87. The company's stock had a trading volume of 146,458 shares, compared to its average volume of 97,377. Weis Markets, Inc. has a 12 month low of $60.39 and a 12 month high of $83.09. The company's 50 day simple moving average is $69.46 and its 200-day simple moving average is $68.93. The firm has a market cap of $2.15 billion, a P/E ratio of 22.44 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 EPS for the quarter. The firm had revenue of $1.23 billion during the quarter. Weis Markets had a net margin of 2.01% and a return on equity of 6.85%.

Weis Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were given a $0.34 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.36 annualized dividend and a yield of 1.70%. Weis Markets's dividend payout ratio (DPR) is presently 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.