Victory Capital Management Inc. Has $1.78 Million Stake in Weis Markets, Inc. (NYSE:WMK)

Victory Capital Management Inc. raised its position in Weis Markets, Inc. (NYSE:WMK - Free Report) by 30.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,342 shares of the company's stock after buying an additional 6,081 shares during the period. Victory Capital Management Inc. owned 0.10% of Weis Markets worth $1,784,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Martingale Asset Management L P raised its stake in shares of Weis Markets by 0.7% in the third quarter. Martingale Asset Management L P now owns 20,974 shares of the company's stock valued at $1,446,000 after acquiring an additional 140 shares during the last quarter. Blue Trust Inc. raised its position in 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. DGS Capital Management LLC boosted its stake in Weis Markets by 6.4% in the third quarter. DGS Capital Management LLC now owns 6,148 shares of the company's stock worth $424,000 after purchasing an additional 369 shares in the last quarter. Prospera Private Wealth LLC bought a new stake in shares of Weis Markets during the third quarter worth $44,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Weis Markets by 61.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,649 shares of the company's stock valued at $252,000 after buying an additional 1,391 shares in the last quarter.

Weis Markets Trading Down 3.2 %

NYSE WMK traded down $2.50 on Friday, hitting $76.02. 130,056 shares of the company were exchanged, compared to its average volume of 83,681. Weis Markets, Inc. has a 1-year low of $60.39 and a 1-year high of $83.09. The firm has a 50 day moving average of $71.61 and a two-hundred day moving average of $69.71. The company has a market cap of $2.04 billion, a P/E ratio of 21.35 and a beta of 0.53.

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Weis Markets (NYSE:WMK - Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported $1.29 earnings per share (EPS) for the quarter. The company had revenue of $1.23 billion for the quarter. Weis Markets had a net margin of 2.01% and a return on equity of 6.85%.

Weis Markets Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were paid a $0.34 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.36 annualized dividend and a dividend yield of 1.79%. Weis Markets's dividend payout ratio (DPR) is currently 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.