Jane Street Group LLC Has $308,000 Stake in Weis Markets, Inc. (NYSE:WMK)

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

Several other institutional investors have also bought and sold shares of the stock. Northern Trust Corp boosted its stake in Weis Markets by 9.1% in the 4th quarter. Northern Trust Corp now owns 166,968 shares of the company's stock valued at $11,307,000 after buying an additional 13,887 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in Weis Markets in the 4th quarter valued at $887,000. Price T Rowe Associates Inc. MD raised its position in Weis Markets by 19.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,441 shares of the company's stock valued at $437,000 after purchasing an additional 1,061 shares during the last quarter. Hsbc Holdings PLC raised its position in Weis Markets by 19.7% in the 4th quarter. Hsbc Holdings PLC now owns 23,474 shares of the company's stock valued at $1,587,000 after purchasing an additional 3,868 shares during the last quarter. Finally, MetLife Investment Management LLC raised its position in Weis Markets by 6.1% in the 4th quarter. MetLife Investment Management LLC now owns 9,957 shares of the company's stock valued at $674,000 after purchasing an additional 574 shares during the last quarter.

Analysts Set New Price Targets

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

Weis Markets Stock Down 1.1%

WMK traded down $0.83 during trading on Wednesday, hitting $73.88. The company's stock had a trading volume of 113,884 shares, compared to its average volume of 97,594. The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of 20.75 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. The firm's 50 day moving average price is $79.78 and its two-hundred day moving average price is $74.20.

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

Weis Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were given a dividend of $0.34 per share. 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 1.84%. Weis Markets's 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.