Barclays PLC Raises Stock Holdings in Weis Markets, Inc. (NYSE:WMK)

Barclays PLC lifted its stake in shares of Weis Markets, Inc. (NYSE:WMK) by 354.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,459 shares of the company’s stock after acquiring an additional 21,418 shares during the period. Barclays PLC owned 0.10% of Weis Markets worth $1,893,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMK. Y Intercept Hong Kong Ltd acquired a new stake in Weis Markets during the third quarter worth approximately $243,000. Jane Street Group LLC lifted its stake in shares of Weis Markets by 26.5% during the 3rd quarter. Jane Street Group LLC now owns 24,150 shares of the company’s stock worth $1,665,000 after purchasing an additional 5,056 shares during the period. SageView Advisory Group LLC acquired a new stake in shares of Weis Markets during the third quarter worth $208,000. Martingale Asset Management L P grew its position 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 valued at $1,446,000 after purchasing an additional 140 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Weis Markets by 61.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,649 shares of the company’s stock valued at $252,000 after purchasing an additional 1,391 shares during the last quarter.

Weis Markets Stock Performance

Shares of WMK stock opened at $69.19 on Friday. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 19.44 and a beta of 0.51. Weis Markets, Inc. has a one year low of $58.87 and a one year high of $76.62. The company has a 50 day moving average price of $69.80 and a 200 day moving average price of $67.87.

Weis Markets Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend was Tuesday, November 12th. Weis Markets’s dividend payout ratio (DPR) is currently 38.20%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Weis Markets from a “buy” rating to a “strong-buy” rating in a research note 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.