G. Willi-Food International (NASDAQ:WILC) Upgraded by Wall Street Zen to Strong-Buy Rating

Key Points

• G. Willi-Food International's stock rating has been upgraded from "hold" to "strong-buy" by Wall Street Zen, indicating increased confidence in the company's prospects.
• The company reported $0.61 earnings per share with revenues of $44.83 million in its last quarterly earnings, showcasing a net margin of 16.07%.
• Institutional investors and hedge funds own 9.45% of G. Willi-Food International's stock, with notable activity including a 786.8% increase in shares held by JPMorgan Chase & Co.

Wall Street Zen upgraded shares of G. Willi-Food International (NASDAQ:WILC - Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Saturday.

G. Willi-Food International Trading Up 1.9%

WILC traded up $0.3990 on Friday, hitting $21.8390. 14,781 shares of the company's stock were exchanged, compared to its average volume of 14,415. G. Willi-Food International has a fifty-two week low of $9.48 and a fifty-two week high of $22.85. The firm has a 50-day moving average price of $19.77 and a 200-day moving average price of $17.24. The stock has a market cap of $302.91 million, a price-to-earnings ratio of 11.68 and a beta of 0.90.

G. Willi-Food International (NASDAQ:WILC - Get Free Report) last announced 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 net margin of 16.07% and a return on equity of 15.70%. The company had revenue of $44.83 million for the quarter.

G. Willi-Food International Cuts Dividend

The firm also recently announced a -- dividend, which will be paid on Thursday, September 4th. Shareholders of record on Monday, August 25th will be paid a dividend of $0.42 per share. This represents a yield of 90.0%. The ex-dividend date of this dividend is Monday, August 25th. G. Willi-Food International's payout ratio is 31.02%.

Institutional Investors Weigh In On G. Willi-Food International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in G. Willi-Food International by 786.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company's stock worth $40,000 after purchasing an additional 1,904 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of G. Willi-Food International during the 1st quarter worth $50,000. Finally, Northern Trust Corp purchased a new position in shares of G. Willi-Food International during the 4th quarter worth $521,000. Institutional investors and hedge funds own 9.45% of the company's stock.

About G. Willi-Food International

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.