Voya Investment Management LLC lifted its position in shares of Weis Markets, Inc. (NYSE:WMK) by 9.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,563 shares of the company’s stock after acquiring an additional 558 shares during the quarter. Voya Investment Management LLC’s holdings in Weis Markets were worth $320,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in shares of Weis Markets by 7.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,092,999 shares of the company’s stock worth $53,251,000 after acquiring an additional 77,804 shares in the last quarter. Citadel Advisors LLC purchased a new stake in Weis Markets in the 2nd quarter valued at approximately $256,000. Renaissance Technologies LLC lifted its stake in Weis Markets by 5.6% in the 2nd quarter. Renaissance Technologies LLC now owns 637,600 shares of the company’s stock valued at $31,064,000 after buying an additional 33,800 shares in the last quarter. Parametric Portfolio Associates LLC lifted its stake in Weis Markets by 4.0% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 54,515 shares of the company’s stock valued at $2,656,000 after buying an additional 2,086 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Weis Markets by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 1,001,136 shares of the company’s stock valued at $48,775,000 after buying an additional 31,203 shares in the last quarter. 31.48% of the stock is currently owned by institutional investors and hedge funds.

Separately, BidaskClub lowered Weis Markets from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 19th.

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Shares of Weis Markets, Inc. (NYSE WMK) opened at $34.20 on Tuesday. Weis Markets, Inc. has a 52 week low of $31.26 and a 52 week high of $68.88. The company has a quick ratio of 0.80, a current ratio of 1.91 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $935.24, a P/E ratio of 12.37 and a beta of 0.68.

Weis Markets (NYSE:WMK) last posted its earnings results on Friday, November 3rd. The company reported $0.16 earnings per share (EPS) for the quarter. Weis Markets had a return on equity of 8.13% and a net margin of 2.16%. The firm had revenue of $854.26 million for the quarter.

The business also recently announced a quarterly dividend, which will be paid on Monday, November 20th. Investors of record on Monday, November 6th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date is Friday, November 3rd. Weis Markets’s payout ratio is currently 42.70%.

In other Weis Markets news, CFO Scott F. Frost purchased 600 shares of Weis Markets stock in a transaction on Monday, September 18th. The shares were bought at an average price of $42.85 per share, with a total value of $25,710.00. Following the purchase, the chief financial officer now directly owns 1,961 shares in the company, valued at approximately $84,028.85. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Edward John Lauth III purchased 2,000 shares of Weis Markets stock in a transaction on Tuesday, November 7th. The shares were acquired at an average cost of $34.77 per share, for a total transaction of $69,540.00. Following the purchase, the director now owns 5,000 shares in the company, valued at $173,850. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 3,575 shares of company stock worth $132,455. 26.90% of the stock is owned by corporate insiders.

About Weis Markets

Weis Markets, Inc is engaged principally in the retail sale of food 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, fuel and general merchandise items, such as health and beauty care and household products.

Institutional Ownership by Quarter for Weis Markets (NYSE:WMK)

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