UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 5,199 Shares of Weis Markets, Inc. (NYSE:WMK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 18.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,750 shares of the company's stock after purchasing an additional 5,199 shares during the quarter. 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.

Several other hedge funds and other institutional investors have also recently modified their holdings of WMK. Vanguard Group Inc. lifted its position in shares of Weis Markets by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 1,842,882 shares of the company's stock valued at $124,800,000 after buying an additional 30,772 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Weis Markets by 14.8% during the fourth quarter. American Century Companies Inc. now owns 485,287 shares of the company's stock worth $32,864,000 after buying an additional 62,472 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Weis Markets by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 442,810 shares of the company's stock worth $29,994,000 after buying an additional 7,846 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Weis Markets by 4.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 420,276 shares of the company's stock worth $28,461,000 after purchasing an additional 17,479 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Weis Markets by 9.1% in the fourth quarter. Northern Trust Corp now owns 166,968 shares of the company's stock worth $11,307,000 after purchasing an additional 13,887 shares during the last quarter.

Weis Markets Stock Performance

Shares of NYSE WMK traded up $1.48 during trading on Tuesday, hitting $76.81. 107,868 shares of the company traded hands, compared to its average volume of 98,248. The business's fifty day moving average is $79.47 and its 200 day moving average is $74.35. Weis Markets, Inc. has a fifty-two week low of $60.93 and a fifty-two week high of $90.23. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 21.57 and a beta of 0.47.

Weis Markets (NYSE:WMK - Get Free Report) last announced 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were issued a $0.34 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.77%. Weis Markets's dividend payout ratio is presently 34.09%.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Weis Markets from a "strong-buy" rating to a "buy" rating in a report 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.