Verition Fund Management LLC cut its stake in Weis Markets, Inc. (NYSE:WMK – Free Report) by 48.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,258 shares of the company’s stock after selling 3,031 shares during the quarter. Verition Fund Management LLC’s holdings in Weis Markets were worth $225,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Martingale Asset Management L P lifted 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 worth $1,446,000 after buying an additional 140 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Weis Markets by 61.6% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,649 shares of the company’s stock valued at $252,000 after acquiring an additional 1,391 shares during the last quarter. FMR LLC raised its holdings in Weis Markets by 22.3% in the 3rd quarter. FMR LLC now owns 25,628 shares of the company’s stock valued at $1,767,000 after acquiring an additional 4,678 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Weis Markets by 3.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 402,797 shares of the company’s stock worth $27,765,000 after purchasing an additional 13,946 shares in the last quarter. Finally, Prospera Private Wealth LLC acquired a new position in shares of Weis Markets during the 3rd quarter worth approximately $44,000.
Weis Markets Trading Down 2.1 %
Shares of WMK stock opened at $71.19 on Monday. Weis Markets, Inc. has a twelve month low of $58.87 and a twelve month high of $76.62. The company’s 50-day moving average price is $69.02 and its 200-day moving average price is $67.59. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 20.00 and a beta of 0.51.
Weis Markets Announces Dividend
Wall Street Analyst Weigh In
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 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.
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