Diversified Trust Co Grows Stock Position in Weis Markets, Inc. (NYSE:WMK)

Diversified Trust Co increased its holdings in Weis Markets, Inc. (NYSE:WMK) by 22.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 9,007 shares of the company’s stock after acquiring an additional 1,639 shares during the quarter. Diversified Trust Co’s holdings in Weis Markets were worth $621,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. American Century Companies Inc. increased its position in Weis Markets by 29.1% in the second quarter. American Century Companies Inc. now owns 334,324 shares of the company’s stock worth $20,986,000 after buying an additional 75,395 shares in the last quarter. GSA Capital Partners LLP grew its stake in shares of Weis Markets by 174.4% during the 4th quarter. GSA Capital Partners LLP now owns 42,187 shares of the company’s stock valued at $2,698,000 after acquiring an additional 26,814 shares during the period. AQR Capital Management LLC purchased a new stake in Weis Markets in the 2nd quarter worth approximately $813,000. Dimensional Fund Advisors LP raised its stake in Weis Markets by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,143,192 shares of the company’s stock worth $134,528,000 after acquiring an additional 7,856 shares during the period. Finally, Bank of Montreal Can lifted its holdings in Weis Markets by 212.5% during the second quarter. Bank of Montreal Can now owns 11,279 shares of the company’s stock valued at $716,000 after purchasing an additional 7,670 shares in the last quarter.

Weis Markets Price Performance

WMK opened at $64.33 on Friday. The firm has a market cap of $1.73 billion, a P/E ratio of 17.15 and a beta of 0.46. Weis Markets, Inc. has a 1-year low of $58.87 and a 1-year high of $76.62. The company has a 50 day simple moving average of $67.38 and a two-hundred day simple moving average of $65.87.

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

Weis Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 12th. Investors of record on Monday, July 29th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend was Monday, July 29th. Weis Markets’s dividend payout ratio is currently 36.27%.

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.