Fmr LLC Has $1.77 Million Holdings in Weis Markets, Inc. (NYSE:WMK)

Fmr LLC increased its stake in Weis Markets, Inc. (NYSE:WMK) by 22.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,628 shares of the company’s stock after buying an additional 4,678 shares during the quarter. Fmr LLC owned approximately 0.10% of Weis Markets worth $1,767,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. nVerses Capital LLC lifted its holdings in Weis Markets by 100.0% during the 2nd quarter. nVerses Capital LLC now owns 400 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Weis Markets by 6,800.0% during the 3rd 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 during the last quarter. Prospera Private Wealth LLC bought a new position in Weis Markets during the 3rd quarter worth $44,000. Blue Trust Inc. increased its position in Weis Markets by 71.4% during the 3rd quarter. Blue Trust Inc. now owns 646 shares of the company’s stock worth $41,000 after buying an additional 269 shares during the period. Finally, Innealta Capital LLC bought a new position in Weis Markets during the 2nd quarter worth $50,000.

Analyst Ratings Changes

Separately, StockNews.com upgraded Weis Markets from a “buy” rating to a “strong-buy” rating in a research report on Thursday, November 7th.

Weis Markets Stock Performance

Shares of NYSE WMK opened at $71.19 on Monday. Weis Markets, Inc. has a 52 week low of $58.87 and a 52 week high of $76.62. The stock has a market capitalization of $1.92 billion, a P/E ratio of 20.00 and a beta of 0.51. The stock’s fifty day moving average is $69.02 and its 200 day moving average is $67.59.

Weis Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 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 1.91%. The ex-dividend date of this dividend was Tuesday, November 12th. Weis Markets’s payout ratio is 38.20%.

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.