G. Willi-Food International (NASDAQ:WILC) Stock Rating Lowered by Wall Street Zen

Key Points

• G. Willi-Food International's stock has been dropped from a "strong-buy" to a "buy" rating by Wall Street Zen analysts.
• The company's latest quarterly earnings reported a net margin of 16.07% with revenue of $44.83 million.
• Institutional investors have shown increased interest, with JPMorgan Chase & Co. boosting its holdings in G. Willi-Food by 786.8% during the second quarter.

Wall Street Zen downgraded shares of G. Willi-Food International (NASDAQ:WILC - Free Report) from a strong-buy rating to a buy rating in a report issued on Saturday morning.

G. Willi-Food International Stock Up 0.4%

WILC traded up $0.08 on Friday, hitting $19.79. 13,576 shares of the company traded hands, compared to its average volume of 12,522. G. Willi-Food International has a 12-month low of $10.30 and a 12-month high of $22.85. The company has a 50 day moving average of $20.49 and a 200-day moving average of $17.47. The stock has a market capitalization of $274.57 million, a PE ratio of 10.58 and a beta of 0.84.

G. Willi-Food International (NASDAQ:WILC - Get Free Report) last released its earnings results on Tuesday, August 12th. The company reported $0.61 earnings per share (EPS) for the quarter. G. Willi-Food International had a return on equity of 15.70% and a net margin of 16.07%.The business had revenue of $44.83 million for the quarter.

G. Willi-Food International Cuts Dividend

The company also recently announced a -- dividend, which will be paid on Thursday, September 4th. Stockholders of record on Monday, August 25th will be paid a $0.42 dividend. This represents a dividend yield of 90.0%. The ex-dividend date is Monday, August 25th. G. Willi-Food International's dividend payout ratio (DPR) is 53.48%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Northern Trust Corp purchased a new position in shares of G. Willi-Food International in the 4th quarter valued at about $521,000. Acadian Asset Management LLC purchased a new position in G. Willi-Food International in the first quarter valued at about $50,000. Finally, JPMorgan Chase & Co. lifted its position in shares of G. Willi-Food International by 786.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company's stock valued at $40,000 after acquiring an additional 1,904 shares during the period. 9.45% of the stock is currently owned by institutional investors and hedge funds.

G. Willi-Food International Company Profile

G. Willi-Food International Ltd. designs, imports, markets, and distributes food products worldwide. The company offers mushrooms, artichoke, beans, asparagus, capers, corn kernels, baby corn, palm hearts, vine leaves, sour pickles, mixed pickled vegetables, pickled peppers, olives, garlic, roasted eggplant sun, and dried tomatoes; and canned fish comprising tuna, sardine, anchovies, smoked and pressed cod liver, herring, fish paste, and salmon products.