17,269 Shares in Weis Markets, Inc. (NYSE:WMK) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in shares of Weis Markets, Inc. (NYSE:WMK) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 17,269 shares of the company’s stock, valued at approximately $1,169,000. Proficio Capital Partners LLC owned approximately 0.06% of Weis Markets at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Prospera Private Wealth LLC purchased a new stake in shares of Weis Markets in the third quarter valued at about $44,000. Blue Trust Inc. increased its stake in Weis Markets by 32.8% in the 4th quarter. Blue Trust Inc. now owns 858 shares of the company’s stock valued at $59,000 after buying an additional 212 shares during the last quarter. SageView Advisory Group LLC bought a new position in shares of Weis Markets during the 3rd quarter worth approximately $208,000. Flagship Harbor Advisors LLC purchased a new position in shares of Weis Markets in the 4th quarter worth approximately $205,000. Finally, Versor Investments LP bought a new position in shares of Weis Markets in the fourth quarter valued at approximately $235,000.

Weis Markets Trading Down 1.3 %

Shares of WMK opened at $78.57 on Friday. The stock has a 50 day moving average of $71.61 and a 200 day moving average of $69.71. Weis Markets, Inc. has a 12 month low of $60.39 and a 12 month high of $83.09. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 22.07 and a beta of 0.53.

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

Weis Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend 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.