Weis Markets, Inc. (NYSE:WMK) Shares Sold by Squarepoint Ops LLC

Squarepoint Ops LLC reduced its stake in Weis Markets, Inc. (NYSE:WMK - Free Report) by 75.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,267 shares of the company's stock after selling 13,395 shares during the period. Squarepoint Ops LLC's holdings in Weis Markets were worth $289,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of WMK. Barclays PLC increased its position in shares of Weis Markets by 354.5% in the 3rd quarter. Barclays PLC now owns 27,459 shares of the company's stock valued at $1,893,000 after purchasing an additional 21,418 shares during the last quarter. Blue Trust Inc. grew its position in shares of Weis Markets by 32.8% in 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 during the last quarter. Empowered Funds LLC raised its stake in Weis Markets by 521.2% during the 4th quarter. Empowered Funds LLC now owns 69,309 shares of the company's stock worth $4,694,000 after acquiring an additional 58,151 shares in the last quarter. New York State Common Retirement Fund lifted its position in Weis Markets by 24.1% in the fourth quarter. New York State Common Retirement Fund now owns 15,939 shares of the company's stock valued at $1,079,000 after acquiring an additional 3,100 shares during the last quarter. Finally, Denali Advisors LLC boosted its stake in Weis Markets by 28.5% in the fourth quarter. Denali Advisors LLC now owns 37,900 shares of the company's stock valued at $2,567,000 after acquiring an additional 8,400 shares in the last quarter.

Weis Markets Trading Up 2.0%

Shares of Weis Markets stock traded up $1.48 on Tuesday, reaching $76.81. 107,868 shares of the stock were exchanged, compared to its average volume of 98,248. Weis Markets, Inc. has a 1-year low of $60.93 and a 1-year high of $90.23. The firm has a market capitalization of $2.07 billion, a PE ratio of 21.57 and a beta of 0.47. The business has a fifty day moving average price of $79.47 and a two-hundred day moving average price of $74.35.

Weis Markets (NYSE:WMK - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.76 EPS 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend was Monday, May 12th. Weis Markets's dividend payout ratio (DPR) 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 research report on Thursday, May 8th.

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.