Weis Markets, Inc. (NYSE:WMK) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its position in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 46.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,925 shares of the company's stock after purchasing an additional 11,794 shares during the quarter. BNP Paribas Financial Markets owned 0.14% of Weis Markets worth $2,501,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Weis Markets by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 1,842,882 shares of the company's stock worth $124,800,000 after purchasing an additional 30,772 shares during the period. American Century Companies Inc. boosted its holdings in shares of Weis Markets by 14.8% in the 4th quarter. American Century Companies Inc. now owns 485,287 shares of the company's stock valued at $32,864,000 after buying an additional 62,472 shares during the period. Geode Capital Management LLC grew its position in shares of Weis Markets by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 442,810 shares of the company's stock valued at $29,994,000 after buying an additional 7,846 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Weis Markets by 4.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 420,276 shares of the company's stock worth $28,461,000 after acquiring an additional 17,479 shares during the period. Finally, Northern Trust Corp lifted its holdings in Weis Markets by 9.1% in the fourth quarter. Northern Trust Corp now owns 166,968 shares of the company's stock worth $11,307,000 after acquiring an additional 13,887 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Weis Markets from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 8th.

Weis Markets Trading Down 1.0%

WMK traded down $0.73 during trading on Tuesday, reaching $75.29. 103,075 shares of the company were exchanged, compared to its average volume of 95,457. Weis Markets, Inc. has a 52 week low of $60.93 and a 52 week high of $90.23. The firm has a 50 day moving average of $80.29 and a 200 day moving average of $73.98. The stock has a market cap of $2.03 billion, a P/E ratio of 21.15 and a beta of 0.55.

Weis Markets (NYSE:WMK - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.76 EPS for the quarter. Weis Markets had a net margin of 2.01% and a return on equity of 6.85%. The business had revenue of $1.20 billion during the quarter.

Weis Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.81%. The ex-dividend date is Monday, May 12th. Weis Markets's dividend payout ratio (DPR) is 34.09%.

About Weis Markets

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.