Teacher Retirement System of Texas Has $549,000 Stake in Weis Markets, Inc. (NYSE:WMK)

Teacher Retirement System of Texas lifted its stake in Weis Markets, Inc. (NYSE:WMK) by 11.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,108 shares of the company’s stock after purchasing an additional 840 shares during the period. Teacher Retirement System of Texas’ holdings in Weis Markets were worth $549,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in shares of Weis Markets by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 434,964 shares of the company’s stock valued at $29,987,000 after buying an additional 16,463 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Weis Markets by 4.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 420,276 shares of the company’s stock valued at $28,461,000 after acquiring an additional 17,479 shares during the last quarter. Empowered Funds LLC increased its position in Weis Markets by 521.2% in 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 period. Denali Advisors LLC raised its holdings in Weis Markets by 28.5% during the 4th quarter. Denali Advisors LLC now owns 37,900 shares of the company’s stock worth $2,567,000 after purchasing an additional 8,400 shares during the last quarter. Finally, Barclays PLC lifted its position in Weis Markets by 354.5% during the 3rd quarter. Barclays PLC now owns 27,459 shares of the company’s stock valued at $1,893,000 after purchasing an additional 21,418 shares during the period.

Weis Markets Trading Down 0.9 %

Shares of NYSE WMK opened at $77.10 on Monday. The firm has a market capitalization of $2.07 billion, a PE ratio of 21.66 and a beta of 0.53. The firm’s 50-day moving average is $72.75 and its 200-day moving average is $70.10. Weis Markets, Inc. has a 1 year low of $60.39 and a 1 year high of $83.09.

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

Weis Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.76%. The ex-dividend date was Tuesday, February 18th. Weis Markets’s payout ratio is 33.25%.

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.