Victory Capital Management Inc. Has $1.78 Million Position in Weis Markets, Inc. (NYSE:WMK)

Victory Capital Management Inc. grew its holdings in Weis Markets, Inc. (NYSE:WMK) by 30.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,342 shares of the company’s stock after buying an additional 6,081 shares during the quarter. Victory Capital Management Inc. owned approximately 0.10% of Weis Markets worth $1,784,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in WMK. Geode Capital Management LLC grew its holdings in Weis Markets by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 434,964 shares of the company’s stock worth $29,987,000 after acquiring an additional 16,463 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Weis Markets by 4.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 420,276 shares of the company’s stock worth $28,461,000 after purchasing an additional 17,479 shares in the last quarter. Empowered Funds LLC grew its stake 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 valued at $4,694,000 after purchasing an additional 58,151 shares during the last quarter. Denali Advisors LLC increased its holdings in shares of Weis Markets by 28.5% in the fourth quarter. Denali Advisors LLC now owns 37,900 shares of the company’s stock valued at $2,567,000 after purchasing an additional 8,400 shares in the last quarter. Finally, Barclays PLC raised its position in Weis Markets by 354.5% in the 3rd quarter. Barclays PLC now owns 27,459 shares of the company’s stock worth $1,893,000 after purchasing an additional 21,418 shares during the last quarter.

Weis Markets Stock Performance

NYSE:WMK opened at $80.16 on Tuesday. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 22.52 and a beta of 0.53. The stock’s fifty day moving average price is $70.86 and its two-hundred day moving average price is $69.49. Weis Markets, Inc. has a 52-week low of $60.39 and a 52-week high of $83.09.

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

Weis Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.70%. The ex-dividend date was Tuesday, February 18th. Weis Markets’s dividend payout ratio is 33.25%.

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.