Victory Capital Management Inc. grew its holdings in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 79.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,261 shares of the company's stock after purchasing an additional 8,990 shares during the quarter. Victory Capital Management Inc. owned approximately 0.08% of Weis Markets worth $1,397,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the business. nVerses Capital LLC boosted its position in Weis Markets by 100.0% during the second quarter. nVerses Capital LLC now owns 400 shares of the company's stock worth $25,000 after acquiring an additional 200 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Weis Markets by 6,800.0% in the third quarter. International Assets Investment Management LLC now owns 414 shares of the company's stock valued at $29,000 after purchasing an additional 408 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Weis Markets by 228.7% in the second quarter. GAMMA Investing LLC now owns 572 shares of the company's stock valued at $36,000 after purchasing an additional 398 shares during the last quarter. Blue Trust Inc. lifted its position in Weis Markets by 71.4% during the third quarter. Blue Trust Inc. now owns 646 shares of the company's stock worth $41,000 after buying an additional 269 shares in the last quarter. Finally, Innealta Capital LLC acquired a new position in Weis Markets during the second quarter worth $50,000.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Weis Markets from a "buy" rating to a "strong-buy" rating in a research note on Thursday, November 7th.
Check Out Our Latest Stock Report on Weis Markets
Weis Markets Trading Down 1.0 %
WMK stock traded down $0.76 during trading on Tuesday, reaching $73.01. 87,241 shares of the stock were exchanged, compared to its average volume of 87,675. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 20.33 and a beta of 0.47. The business has a 50 day moving average price of $68.01 and a 200-day moving average price of $67.05. Weis Markets, Inc. has a 1 year low of $58.87 and a 1 year high of $76.62.
Weis Markets Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend is Tuesday, November 12th. Weis Markets's dividend payout ratio is presently 38.20%.
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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