Semanteon Capital Management LP acquired a new position in Weis Markets, Inc. (NYSE:WMK - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 8,621 shares of the company's stock, valued at approximately $584,000.
A number of other large investors have also recently made changes to their positions in WMK. Prospera Private Wealth LLC purchased a new position in Weis Markets in the third quarter worth about $44,000. Blue Trust Inc. lifted its stake in shares of Weis Markets by 32.8% in the 4th quarter. Blue Trust Inc. now owns 858 shares of the company's stock valued at $59,000 after purchasing an additional 212 shares during the last quarter. SageView Advisory Group LLC purchased a new position in shares of Weis Markets in the 3rd quarter worth approximately $208,000. Flagship Harbor Advisors LLC bought a new position in shares of Weis Markets during the 4th quarter valued at approximately $205,000. Finally, PFG Advisors purchased a new stake in Weis Markets during the 4th quarter valued at $219,000.
Weis Markets Stock Performance
NYSE WMK traded up $1.36 on Wednesday, hitting $75.58. 67,104 shares of the stock were exchanged, compared to its average volume of 83,891. Weis Markets, Inc. has a 52-week low of $60.39 and a 52-week high of $83.09. The firm has a market capitalization of $2.03 billion, a P/E ratio of 21.23 and a beta of 0.53. The stock has a fifty day moving average price of $72.16 and a two-hundred day moving average price of $69.90.
Weis Markets (NYSE:WMK - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $1.29 earnings per share 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 for the quarter.
Weis Markets Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend was Tuesday, February 18th. Weis Markets's payout ratio is currently 33.25%.
Weis Markets Company 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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