G. Willi-Food International (NASDAQ:WILC) Hits New 52-Week High – Here’s What Happened

Shares of G. Willi-Food International, Ltd. (NASDAQ:WILC) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $37.00 and last traded at $37.00, with a volume of 935 shares trading hands. The stock had previously closed at $36.20.

G. Willi-Food International Stock Performance

The firm has a market cap of $498.69 million, a price-to-earnings ratio of 17.99 and a beta of 1.02. The business has a 50 day simple moving average of $30.36 and a 200-day simple moving average of $28.40.

G. Willi-Food International (NASDAQ:WILC) last released its quarterly earnings results on Tuesday, May 26th. The company reported $0.46 earnings per share (EPS) for the quarter. The business had revenue of $49.70 million during the quarter. G. Willi-Food International had a return on equity of 14.33% and a net margin of 14.51%.

G. Willi-Food International Dividend Announcement

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

Hedge Funds Weigh In On G. Willi-Food International

A number of hedge funds have recently added to or reduced their stakes in the stock. Y.D. More Investments Ltd boosted its stake in G. Willi-Food International by 3,072.6% during the 1st quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock valued at $1,751,000 after purchasing an additional 66,583 shares during the last quarter. Noked Israel Ltd acquired a new position in G. Willi-Food International during the 4th quarter valued at about $230,000. Geode Capital Management LLC acquired a new position in G. Willi-Food International during the 4th quarter valued at about $203,000. JPMorgan Chase & Co. boosted its stake in G. Willi-Food International by 408.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,903 shares of the company’s stock valued at $220,000 after purchasing an additional 8,757 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in G. Willi-Food International during the 1st quarter valued at about $50,000. Institutional investors and hedge funds own 9.45% of the company’s stock.

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.