Universal Beteiligungs und Servicegesellschaft mbH Has $1.54 Million Stake in Weis Markets, Inc. $WMK

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Weis Markets by 166.4% in Q4 to 23,946 shares, worth about $1.54 million (≈0.10% of the company).
• Weis Markets declared a quarterly dividend of $0.34 per share (annualized $1.36; yield 1.9%), with an ex-dividend date and record date on May 11 and payment on May 26.
• In the most recent quarter Weis reported $1.24 EPS on $1.30 billion revenue; the stock has a market cap of $1.76 billion, a P/E of 18.93, and an average analyst rating of Hold.

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Weis Markets, Inc. (NYSE:WMK - Free Report) by 166.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,946 shares of the company's stock after buying an additional 14,958 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.10% of Weis Markets worth $1,535,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of WMK. Royal Bank of Canada boosted its stake in Weis Markets by 17.5% in the 1st quarter. Royal Bank of Canada now owns 8,120 shares of the company's stock valued at $626,000 after buying an additional 1,212 shares in the last quarter. AQR Capital Management LLC boosted its stake in Weis Markets by 9.2% in the 1st quarter. AQR Capital Management LLC now owns 14,798 shares of the company's stock valued at $1,140,000 after buying an additional 1,242 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Weis Markets by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,775 shares of the company's stock valued at $753,000 after buying an additional 405 shares in the last quarter. Norges Bank acquired a new stake in Weis Markets in the 2nd quarter valued at $714,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Weis Markets by 107.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 356 shares of the company's stock valued at $26,000 after buying an additional 184 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Weis Markets in a research note on Friday, April 24th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Weis Markets has an average rating of "Hold".

Weis Markets Stock Up 1.1%

WMK stock opened at $70.98 on Friday. The company has a market cap of $1.76 billion, a P/E ratio of 18.93 and a beta of 0.46. Weis Markets, Inc. has a twelve month low of $59.99 and a twelve month high of $90.23. The business has a fifty day moving average of $68.38 and a 200-day moving average of $67.81.

Weis Markets (NYSE:WMK - Get Free Report) last released its earnings results on Thursday, March 12th. The company reported $1.24 earnings per share for the quarter. The company had revenue of $1.30 billion during the quarter. Weis Markets had a return on equity of 7.09% and a net margin of 1.96%.

Weis Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Monday, May 11th will be given a dividend of $0.34 per share. The ex-dividend date is Monday, May 11th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.9%. Weis Markets's payout ratio is presently 36.27%.

Weis Markets Profile

Weis Markets, Inc NYSE: WMK is a regional supermarket chain headquartered in Sunbury, Pennsylvania, operating more than 200 stores across the Mid-Atlantic and Eastern Seaboard. Founded in 1912 by Harry and Sigmund Weis as a small produce and egg business, the company has grown into a full-service grocer serving Pennsylvania, Maryland, New York, New Jersey, Delaware, Virginia, West Virginia and Ohio. Weis Markets offers a broad selection of products including fresh produce, bakery, deli, dairy, meat and seafood, alongside grocery, general merchandise and prepared foods.

In addition to traditional grocery offerings, Weis Markets provides pharmacy services in many of its locations, as well as in-store fuel centers at select sites.

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