Blue Trust Inc. Has $41,000 Stake in Weis Markets, Inc. (NYSE:WMK)

Blue Trust Inc. increased its holdings in shares of Weis Markets, Inc. (NYSE:WMK) by 71.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 646 shares of the company’s stock after purchasing an additional 269 shares during the period. Blue Trust Inc.’s holdings in Weis Markets were worth $41,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Inspire Advisors LLC bought a new stake in shares of Weis Markets in the third quarter valued at approximately $200,000. Creative Planning acquired a new position in shares of Weis Markets during the third quarter worth $233,000. Diversified Trust Co increased its holdings in shares of Weis Markets by 22.2% during the third quarter. Diversified Trust Co now owns 9,007 shares of the company’s stock worth $621,000 after buying an additional 1,639 shares in the last quarter. Brandes Investment Partners LP increased its holdings in Weis Markets by 38.8% in the second quarter. Brandes Investment Partners LP now owns 7,997 shares of the company’s stock valued at $502,000 after purchasing an additional 2,236 shares during the period. Finally, The Manufacturers Life Insurance Company increased its holdings in Weis Markets by 3.3% in the second quarter. The Manufacturers Life Insurance Company now owns 9,257 shares of the company’s stock valued at $581,000 after purchasing an additional 299 shares during the period.

Weis Markets Price Performance

WMK stock opened at $64.17 on Friday. Weis Markets, Inc. has a 1 year low of $58.87 and a 1 year high of $76.62. The stock has a market capitalization of $1.73 billion, a PE ratio of 18.57 and a beta of 0.46. The company’s 50-day moving average is $66.70 and its 200-day moving average is $66.05.

Weis Markets (NYSE:WMK) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.98 EPS for the quarter. Weis Markets had a net margin of 1.97% and a return on equity of 6.74%. The company had revenue of $1.18 billion during the quarter.

Weis Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Tuesday, November 12th. Weis Markets’s payout ratio is 39.31%.

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.