Weis Markets, Inc. (NYSE:WMK) Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its holdings in shares of Weis Markets, Inc. (NYSE:WMK) by 93.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 425 shares of the company’s stock after acquiring an additional 205 shares during the period. Nisa Investment Advisors LLC’s holdings in Weis Markets were worth $27,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Inspire Investing LLC lifted its position in Weis Markets by 3.7% during the third quarter. Inspire Investing LLC now owns 5,592 shares of the company’s stock valued at $352,000 after purchasing an additional 198 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Weis Markets by 6,300.0% in the 4th quarter. International Assets Investment Management LLC now owns 384 shares of the company’s stock valued at $25,000 after buying an additional 378 shares during the period. Arizona State Retirement System boosted its stake in shares of Weis Markets by 9.8% in the third quarter. Arizona State Retirement System now owns 4,978 shares of the company’s stock worth $314,000 after buying an additional 445 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Weis Markets by 17.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,513 shares of the company’s stock worth $221,000 after acquiring an additional 517 shares during the period. Finally, Covestor Ltd raised its position in Weis Markets by 80.0% during the third quarter. Covestor Ltd now owns 1,922 shares of the company’s stock valued at $121,000 after acquiring an additional 854 shares in the last quarter.

Weis Markets Trading Down 3.1 %

Shares of WMK stock opened at $62.52 on Tuesday. Weis Markets, Inc. has a 12-month low of $58.75 and a 12-month high of $86.67. The business’s 50 day moving average is $62.99 and its two-hundred day moving average is $63.01.

Weis Markets (NYSE:WMK) last announced its earnings results on Tuesday, February 27th. The company reported $0.76 earnings per share (EPS) for the quarter. The firm had revenue of $1.21 billion for the quarter. Weis Markets had a return on equity of 7.69% and a net margin of 2.21%.

Weis Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 4th. Investors of record on Monday, February 19th were given a dividend of $0.34 per share. The ex-dividend date was Thursday, February 15th. This represents a $1.36 annualized dividend and a dividend yield of 2.18%. Weis Markets’s dividend payout ratio (DPR) is presently 35.32%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on WMK. StockNews.com raised shares of Weis Markets from a “hold” rating to a “buy” rating in a research note on Thursday, March 7th. TheStreet raised shares of Weis Markets from a “c+” rating to a “b-” rating in a report on Monday, March 18th.

About Weis Markets

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.