Two Sigma Advisers LP Has $6.35 Million Stock Holdings in Weis Markets, Inc. (NYSE:WMK)

Two Sigma Advisers LP lowered its stake in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 5.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 93,700 shares of the company's stock after selling 5,000 shares during the quarter. Two Sigma Advisers LP owned about 0.35% of Weis Markets worth $6,345,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Weis Markets during the 4th quarter valued at approximately $344,000. Proficio Capital Partners LLC bought a new stake in shares of Weis Markets in the 4th quarter valued at approximately $1,169,000. Barclays PLC grew its position in Weis Markets by 354.5% in the third 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 period. Empowered Funds LLC increased its position in shares of Weis Markets by 521.2% during the 4th quarter. Empowered Funds LLC now owns 69,309 shares of the company's stock worth $4,694,000 after purchasing an additional 58,151 shares in the last quarter. Finally, Versor Investments LP bought a new position in shares of Weis Markets in the fourth quarter valued at approximately $235,000.

Weis Markets Trading Down 0.9%

NYSE WMK traded down $0.71 on Friday, hitting $77.54. 17,715 shares of the company were exchanged, compared to its average volume of 96,756. Weis Markets, Inc. has a 1-year low of $60.93 and a 1-year high of $90.23. The firm has a 50 day moving average of $79.81 and a two-hundred day moving average of $74.15. The company has a market cap of $2.09 billion, a P/E ratio of 21.80 and a beta of 0.55.

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

Weis Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date was Monday, May 12th. Weis Markets's dividend payout ratio (DPR) is currently 34.09%.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered 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.