Weis Markets, Inc. (NYSE:WMK) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its holdings in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,106,986 shares of the company's stock after selling 16,049 shares during the quarter. Dimensional Fund Advisors LP owned 7.83% of Weis Markets worth $142,685,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Sterling Capital Management LLC raised its position in shares of Weis Markets by 826.3% during the 4th quarter. Sterling Capital Management LLC now owns 528 shares of the company's stock valued at $36,000 after acquiring an additional 471 shares in the last quarter. Blue Trust Inc. grew its position in shares of Weis Markets by 32.8% during the 4th quarter. Blue Trust Inc. now owns 858 shares of the company's stock valued at $59,000 after buying an additional 212 shares during the last quarter. Lee Danner & Bass Inc. acquired a new stake in Weis Markets during the fourth quarter worth about $110,000. Flagship Harbor Advisors LLC bought a new position in Weis Markets in the fourth quarter worth about $205,000. Finally, PFG Advisors acquired a new position in Weis Markets in the fourth quarter valued at approximately $219,000.

Weis Markets Stock Up 0.2 %

Shares of NYSE:WMK traded up $0.18 during trading on Thursday, hitting $86.17. 21,245 shares of the company traded hands, compared to its average volume of 90,473. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 24.24 and a beta of 0.67. Weis Markets, Inc. has a one year low of $60.93 and a one year high of $86.84. The business's fifty day moving average is $78.83 and its 200-day moving average is $72.33.

Weis Markets (NYSE:WMK - Get Free Report) last posted its earnings results on Tuesday, February 25th. The company reported $1.29 earnings per share (EPS) for the quarter. The company had revenue of $1.23 billion for the quarter. Weis Markets had a return on equity of 6.85% and a net margin of 2.01%.

Weis Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend was Tuesday, February 18th. Weis Markets's dividend payout ratio is currently 33.25%.

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.