UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $2.29 Million Holdings in Weis Markets, Inc. (NYSE:WMK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 18.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,750 shares of the company's stock after acquiring an additional 5,199 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.13% of Weis Markets worth $2,286,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WMK. Barclays PLC raised its position in shares of 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 buying an additional 21,418 shares in the last quarter. Blue Trust Inc. raised its position in shares of Weis Markets by 32.8% in the fourth quarter. Blue Trust Inc. now owns 858 shares of the company's stock valued at $59,000 after buying an additional 212 shares in the last quarter. Empowered Funds LLC raised its position in shares of Weis Markets by 521.2% in the fourth quarter. Empowered Funds LLC now owns 69,309 shares of the company's stock valued at $4,694,000 after buying an additional 58,151 shares in the last quarter. New York State Common Retirement Fund raised its position in shares of Weis Markets by 24.1% in the fourth quarter. New York State Common Retirement Fund now owns 15,939 shares of the company's stock valued at $1,079,000 after buying an additional 3,100 shares in the last quarter. Finally, Denali Advisors LLC raised its position in shares of Weis Markets by 28.5% in the fourth quarter. Denali Advisors LLC now owns 37,900 shares of the company's stock valued at $2,567,000 after buying an additional 8,400 shares in the last quarter.

Wall Street Analyst Weigh In

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

Weis Markets Trading Up 2.5%

NYSE WMK opened at $75.93 on Friday. Weis Markets, Inc. has a 1-year low of $60.93 and a 1-year high of $90.23. The company has a 50 day moving average of $79.60 and a 200-day moving average of $74.26. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 21.33 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 earnings per share for the quarter. Weis Markets had a net margin of 2.01% and a return on equity of 6.85%. The company had revenue of $1.20 billion during the quarter.

Weis Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were given a dividend of $0.34 per share. The ex-dividend date was Monday, May 12th. This represents a $1.36 annualized dividend and a yield of 1.79%. Weis Markets's dividend payout ratio is currently 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.

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