G. Willi-Food International (NASDAQ:WILC) Shares Gap Up – What’s Next?

G. Willi-Food International, Ltd. (NASDAQ:WILC)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $34.35, but opened at $35.85. G. Willi-Food International shares last traded at $35.96, with a volume of 317 shares trading hands.

G. Willi-Food International Price Performance

The company has a market capitalization of $482.48 million, a P/E ratio of 18.23 and a beta of 1.02. The company has a fifty day moving average price of $29.10 and a 200 day moving average price of $27.68.

G. Willi-Food International (NASDAQ:WILC) last posted its earnings results on Tuesday, March 24th. The company reported $0.51 EPS for the quarter. The company had revenue of $52.83 million during the quarter. G. Willi-Food International had a return on equity of 14.37% and a net margin of 14.75%.

G. Willi-Food International Announces Dividend

The business also recently announced a special dividend, which was paid on Wednesday, April 29th. Stockholders of record on Monday, April 13th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Monday, April 13th. G. Willi-Food International’s dividend payout ratio is 48.95%.

Hedge Funds Weigh In On G. Willi-Food International

Several institutional investors have recently made changes to their positions in the stock. Y.D. More Investments Ltd grew its holdings in G. Willi-Food International by 3,072.6% in the 1st quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock worth $1,751,000 after buying an additional 66,583 shares in the last quarter. Noked Israel Ltd bought a new position in G. Willi-Food International in the 4th quarter worth approximately $230,000. Geode Capital Management LLC bought a new position in G. Willi-Food International in the 4th quarter worth approximately $203,000. JPMorgan Chase & Co. grew its holdings in G. Willi-Food International by 408.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,903 shares of the company’s stock worth $220,000 after buying an additional 8,757 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in G. Willi-Food International in the 1st quarter worth approximately $50,000. 9.45% of the stock is owned by institutional investors.

About G. Willi-Food International

G. Willi-Food International, Inc is a specialty food manufacturer based in Porterville, California, that develops, produces and distributes a variety of seasoned and roasted nut products, trail mixes and snack foods. The company serves both retail and foodservice channels through branded and private-label offerings, catering to grocery chains, club stores, convenience outlets, airlines, hotels, universities and restaurants throughout North America.

Founded in 1977, G. Willi-Food has expanded from a single roasting line to multiple production facilities in California, supported by satellite distribution centers to ensure efficient delivery and inventory management.