Weis Markets, Inc. (NYSE:WMK) Position Trimmed by California State Teachers Retirement System

California State Teachers Retirement System trimmed its holdings in shares of Weis Markets, Inc. (NYSE:WMK) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,257 shares of the company’s stock after selling 201 shares during the period. California State Teachers Retirement System owned about 0.06% of Weis Markets worth $1,101,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in WMK. Barclays PLC boosted its holdings in Weis Markets by 354.5% during the third quarter. Barclays PLC now owns 27,459 shares of the company’s stock worth $1,893,000 after buying an additional 21,418 shares in the last quarter. Empowered Funds LLC boosted its holdings in Weis Markets by 521.2% during the fourth 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. New York State Common Retirement Fund boosted its stake 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 worth $1,079,000 after purchasing an additional 3,100 shares during the period. Denali Advisors LLC boosted its stake in Weis Markets by 28.5% in the 4th quarter. Denali Advisors LLC now owns 37,900 shares of the company’s stock worth $2,567,000 after purchasing an additional 8,400 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in Weis Markets in the 4th quarter worth approximately $1,169,000.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Weis Markets from a “strong-buy” rating to a “buy” rating in a research note on Thursday, May 8th.

Weis Markets Stock Performance

Weis Markets stock opened at $75.17 on Tuesday. The company has a 50 day moving average price of $79.52 and a 200 day moving average price of $74.34. Weis Markets, Inc. has a 52 week low of $60.93 and a 52 week high of $90.23. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of 21.11 and a beta of 0.47.

Weis Markets (NYSE:WMK) last released its earnings results on Wednesday, May 7th. The company reported $0.76 earnings per share (EPS) for the quarter. The company had revenue of $1.20 billion during the quarter. Weis Markets had a net margin of 2.01% and a return on equity of 6.85%.

Weis Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Monday, May 12th. Weis Markets’s dividend payout ratio (DPR) is currently 34.09%.

Weis Markets 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.