4,556 Shares in Weis Markets, Inc. (NYSE:WMK) Acquired by Graham Capital Management L.P.

Graham Capital Management L.P. purchased a new stake in Weis Markets, Inc. (NYSE:WMK - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,556 shares of the company's stock, valued at approximately $309,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Weis Markets in the 4th quarter valued at about $344,000. Proficio Capital Partners LLC bought a new stake in shares of Weis Markets in the 4th quarter valued at about $1,169,000. Barclays PLC increased its stake in shares of Weis Markets by 354.5% in the 3rd quarter. Barclays PLC now owns 27,459 shares of the company's stock valued at $1,893,000 after acquiring an additional 21,418 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Weis Markets by 521.2% in the 4th quarter. Empowered Funds LLC now owns 69,309 shares of the company's stock valued at $4,694,000 after acquiring an additional 58,151 shares during the last quarter. Finally, Versor Investments LP bought a new stake in shares of Weis Markets in the 4th quarter valued at about $235,000.

Weis Markets Stock Performance

NYSE WMK traded up $0.47 during trading hours on Friday, reaching $73.78. 111,250 shares of the company's stock were exchanged, compared to its average volume of 96,017. The company's 50-day moving average is $79.92 and its two-hundred day moving average is $74.10. Weis Markets, Inc. has a one year low of $60.93 and a one year high of $90.23. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 20.73 and a beta of 0.55.

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

Weis Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 12th will be paid a dividend of $0.34 per share. The ex-dividend date is Monday, May 12th. This represents a $1.36 dividend on an annualized basis and a yield of 1.84%. Weis Markets's payout ratio is 34.09%.

Analyst Upgrades and Downgrades

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

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.