Weis Markets, Inc. $WMK Stock Position Lowered by State of Wyoming

State of Wyoming lessened its position in Weis Markets, Inc. (NYSE:WMK) by 45.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 838 shares of the company’s stock after selling 699 shares during the period. State of Wyoming’s holdings in Weis Markets were worth $65,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. OMERS ADMINISTRATION Corp bought a new stake in shares of Weis Markets in the 1st quarter worth $331,000. Jump Financial LLC bought a new stake in shares of Weis Markets in the 1st quarter worth $536,000. Martingale Asset Management L P raised its stake in shares of Weis Markets by 2.0% in the 1st quarter. Martingale Asset Management L P now owns 21,394 shares of the company’s stock worth $1,648,000 after buying an additional 419 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of Weis Markets by 19.6% in the 1st quarter. Hsbc Holdings PLC now owns 28,076 shares of the company’s stock worth $2,160,000 after buying an additional 4,602 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Weis Markets by 10.6% in the 1st quarter. American Century Companies Inc. now owns 536,851 shares of the company’s stock worth $41,364,000 after buying an additional 51,564 shares in the last quarter.

Weis Markets Stock Performance

WMK opened at $70.79 on Tuesday. Weis Markets, Inc. has a one year low of $62.25 and a one year high of $90.23. The stock’s fifty day moving average is $73.57 and its 200-day moving average is $76.34. The company has a market capitalization of $1.75 billion, a PE ratio of 17.61 and a beta of 0.49.

Weis Markets (NYSE:WMK) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $1.01 EPS for the quarter. Weis Markets had a return on equity of 7.60% and a net margin of 2.23%.The company had revenue of $1.21 billion for the quarter.

Weis Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Monday, July 28th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Monday, July 28th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.9%. Weis Markets’s payout ratio is 33.83%.

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.