99,101 Shares in Weis Markets, Inc. $WMK Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL bought a new position in shares of Weis Markets, Inc. (NYSE:WMK) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 99,101 shares of the company’s stock, valued at approximately $7,122,000.

A number of other institutional investors have also recently made changes to their positions in WMK. American Century Companies Inc. increased its stake in shares of Weis Markets by 9.6% in the second quarter. American Century Companies Inc. now owns 588,207 shares of the company’s stock valued at $42,639,000 after buying an additional 51,356 shares during the period. Geode Capital Management LLC raised its position in shares of Weis Markets by 2.4% during the second quarter. Geode Capital Management LLC now owns 484,474 shares of the company’s stock worth $35,123,000 after acquiring an additional 11,135 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Weis Markets by 77.2% in the third quarter. Millennium Management LLC now owns 257,715 shares of the company’s stock worth $18,522,000 after acquiring an additional 112,265 shares during the period. Allianz Asset Management GmbH lifted its stake in shares of Weis Markets by 22.0% in the third quarter. Allianz Asset Management GmbH now owns 204,215 shares of the company’s stock worth $14,677,000 after acquiring an additional 36,802 shares during the period. Finally, Two Sigma Investments LP boosted its holdings in Weis Markets by 4.2% in the third quarter. Two Sigma Investments LP now owns 156,961 shares of the company’s stock valued at $11,281,000 after acquiring an additional 6,384 shares during the last quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Weis Markets in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Weis Markets has a consensus rating of “Hold”.

Weis Markets Stock Up 1.6%

WMK stock opened at $67.29 on Tuesday. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 17.94 and a beta of 0.46. Weis Markets, Inc. has a 12-month low of $59.99 and a 12-month high of $90.23. The company’s fifty day simple moving average is $69.12 and its 200 day simple moving average is $68.03.

Weis Markets (NYSE:WMK) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.14 EPS for the quarter. Weis Markets had a net margin of 1.96% and a return on equity of 7.09%. The business had revenue of $1.30 billion for the quarter.

Weis Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were given a dividend of $0.34 per share. The ex-dividend date was Tuesday, February 17th. This represents a $1.36 annualized dividend and a dividend yield of 2.0%. Weis Markets’s dividend payout ratio is presently 36.27%.

Weis Markets Company Profile

Weis Markets, Inc (NYSE: WMK) is a regional supermarket chain headquartered in Sunbury, Pennsylvania, operating more than 200 stores across the Mid-Atlantic and Eastern Seaboard. Founded in 1912 by Harry and Sigmund Weis as a small produce and egg business, the company has grown into a full-service grocer serving Pennsylvania, Maryland, New York, New Jersey, Delaware, Virginia, West Virginia and Ohio. Weis Markets offers a broad selection of products including fresh produce, bakery, deli, dairy, meat and seafood, alongside grocery, general merchandise and prepared foods.

In addition to traditional grocery offerings, Weis Markets provides pharmacy services in many of its locations, as well as in-store fuel centers at select sites.