Weis Markets, Inc. (NYSE:WMK) Stock Holdings Boosted by Deutsche Bank AG

Deutsche Bank AG lifted its holdings in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 12.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 41,502 shares of the company's stock after acquiring an additional 4,673 shares during the quarter. Deutsche Bank AG owned 0.15% of Weis Markets worth $2,811,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered Weis Markets from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 8th.

Weis Markets Stock Up 4.2%

WMK stock traded up $3.07 during trading on Tuesday, hitting $76.66. 159,972 shares of the company's stock traded hands, compared to its average volume of 96,459. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 21.53 and a beta of 0.55. Weis Markets, Inc. has a 52 week low of $60.93 and a 52 week high of $90.23. The stock has a fifty day moving average price of $79.76 and a two-hundred day moving average price of $74.12.

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

Weis Markets Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend is Monday, May 12th. Weis Markets's payout ratio is 34.09%.

Weis Markets Company Profile

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.