Weis Markets, Inc. (NYSE:WMK) Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund raised its holdings in Weis Markets, Inc. (NYSE:WMK) by 24.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,939 shares of the company’s stock after buying an additional 3,100 shares during the period. New York State Common Retirement Fund owned about 0.06% of Weis Markets worth $1,079,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC grew its holdings in shares of Weis Markets by 521.2% during the fourth quarter. Empowered Funds LLC now owns 69,309 shares of the company’s stock worth $4,694,000 after purchasing an additional 58,151 shares during the last quarter. Barclays PLC grew its holdings in shares of Weis Markets by 354.5% during the third quarter. Barclays PLC now owns 27,459 shares of the company’s stock worth $1,893,000 after buying an additional 21,418 shares during the last quarter. Geode Capital Management LLC lifted its position in Weis Markets by 3.9% in the third quarter. Geode Capital Management LLC now owns 434,964 shares of the company’s stock valued at $29,987,000 after purchasing an additional 16,463 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Weis Markets by 3.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 402,797 shares of the company’s stock valued at $27,765,000 after purchasing an additional 13,946 shares during the period. Finally, Victory Capital Management Inc. lifted its position in 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 purchasing an additional 8,990 shares during the period.

Wall Street Analyst Weigh In

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

Weis Markets Stock Down 1.9 %

Shares of NYSE WMK opened at $72.55 on Tuesday. The firm has a fifty day moving average of $68.72 and a 200-day moving average of $68.57. Weis Markets, Inc. has a 52-week low of $60.39 and a 52-week high of $76.62. The stock has a market capitalization of $1.95 billion, a PE ratio of 20.38 and a beta of 0.51.

Weis Markets (NYSE:WMK) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $1.29 EPS for the quarter. Weis Markets had a net margin of 2.01% and a return on equity of 6.85%. The firm had revenue of $1.23 billion for the quarter.

Weis Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th will be paid a $0.34 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.87%. Weis Markets’s dividend payout ratio (DPR) is presently 33.25%.

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.