Jane Street Group LLC Decreases Stock Holdings in Weis Markets, Inc. (NYSE:WMK)

Jane Street Group LLC trimmed its position in Weis Markets, Inc. (NYSE:WMK - Free Report) by 81.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,543 shares of the company's stock after selling 19,607 shares during the period. Jane Street Group LLC's holdings in Weis Markets were worth $308,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of WMK. Blue Trust Inc. raised its position in shares of Weis Markets by 32.8% during the 4th 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. Sterling Capital Management LLC raised its position in shares of Weis Markets by 826.3% during the 4th quarter. Sterling Capital Management LLC now owns 528 shares of the company's stock valued at $36,000 after buying an additional 471 shares in the last quarter. Legal & General Group Plc raised its position in shares of Weis Markets by 2.8% during the 4th quarter. Legal & General Group Plc now owns 17,451 shares of the company's stock valued at $1,182,000 after buying an additional 482 shares in the last quarter. MetLife Investment Management LLC raised its position in shares of Weis Markets by 6.1% during the 4th quarter. MetLife Investment Management LLC now owns 9,957 shares of the company's stock valued at $674,000 after buying an additional 574 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its position in shares of Weis Markets by 11.6% during the 4th quarter. Teacher Retirement System of Texas now owns 8,108 shares of the company's stock valued at $549,000 after buying an additional 840 shares in the last quarter.

Weis Markets Trading Up 2.5%

Shares of Weis Markets stock traded up $1.85 on Friday, hitting $75.93. 127,001 shares of the company traded hands, compared to its average volume of 97,804. The firm's 50-day simple moving average is $79.60 and its 200 day simple moving average is $74.26. The company has a market cap of $2.04 billion, a P/E ratio of 21.33 and a beta of 0.55. Weis Markets, Inc. has a 12-month low of $60.93 and a 12-month high of $90.23.

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

Weis Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend was Monday, May 12th. Weis Markets's dividend payout ratio is presently 34.09%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut 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.