D. E. Shaw & Co. Inc. Has $4.16 Million Stock Holdings in Weis Markets, Inc. (NYSE:WMK)

D. E. Shaw & Co. Inc. decreased its stake in shares of Weis Markets, Inc. (NYSE:WMK - Free Report) by 9.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,421 shares of the company's stock after selling 6,118 shares during the period. D. E. Shaw & Co. Inc. owned 0.23% of Weis Markets worth $4,159,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WMK. Sterling Capital Management LLC lifted its position in Weis Markets by 826.3% during the 4th quarter. Sterling Capital Management LLC now owns 528 shares of the company's stock worth $36,000 after buying an additional 471 shares in the last quarter. Blue Trust Inc. lifted its position in Weis Markets by 32.8% during the 4th quarter. Blue Trust Inc. now owns 858 shares of the company's stock worth $59,000 after buying an additional 212 shares in the last quarter. Lee Danner & Bass Inc. acquired a new position in Weis Markets during the 4th quarter worth about $110,000. Flagship Harbor Advisors LLC acquired a new position in Weis Markets during the 4th quarter worth about $205,000. Finally, PFG Advisors acquired a new position in Weis Markets during the 4th quarter worth about $219,000.

Weis Markets Stock Performance

Weis Markets stock traded up $0.47 during trading hours on Friday, reaching $73.78. 111,250 shares of the company's stock traded hands, compared to its average volume of 96,017. 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 $1.98 billion, a price-to-earnings ratio of 20.73 and a beta of 0.55. The firm's 50 day moving average is $79.92 and its 200-day moving average is $74.10.

Weis Markets (NYSE:WMK - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.76 earnings per share (EPS) 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 for the quarter.

Weis Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th will be given 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 presently 34.09%.

Analyst Upgrades and Downgrades

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 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.