Weis Markets, Inc. (NYSE:WMK) Shares Bought by Jane Street Group LLC

Jane Street Group LLC lifted its stake in shares of Weis Markets, Inc. (NYSE:WMK) by 26.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,150 shares of the company’s stock after purchasing an additional 5,056 shares during the quarter. Jane Street Group LLC owned about 0.09% of Weis Markets worth $1,665,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. American Century Companies Inc. boosted its position in Weis Markets by 29.1% during the 2nd quarter. American Century Companies Inc. now owns 334,324 shares of the company’s stock worth $20,986,000 after acquiring an additional 75,395 shares during the period. AQR Capital Management LLC bought a new stake in shares of Weis Markets during the second quarter valued at about $813,000. International Assets Investment Management LLC lifted its holdings in Weis Markets by 6,800.0% in the third quarter. International Assets Investment Management LLC now owns 414 shares of the company’s stock worth $29,000 after purchasing an additional 408 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of 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 acquiring an additional 13,946 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in shares of Weis Markets by 79.8% in the third quarter. Victory Capital Management Inc. now owns 20,261 shares of the company’s stock valued at $1,397,000 after acquiring an additional 8,990 shares in the last quarter.

Wall Street Analysts Forecast Growth

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 Up 1.0 %

Shares of WMK stock opened at $69.19 on Friday. The stock has a 50-day simple moving average of $69.80 and a 200 day simple moving average of $67.87. The stock has a market capitalization of $1.86 billion, a P/E ratio of 19.44 and a beta of 0.51. Weis Markets, Inc. has a fifty-two week low of $58.87 and a fifty-two week high of $76.62.

Weis Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th were issued a $0.34 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.36 annualized dividend and a dividend yield of 1.97%. Weis Markets’s dividend payout ratio is currently 38.20%.

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.