G. Willi-Food International (NASDAQ:WILC) Posts Earnings Results

Key Points

• G. Willi-Food International reported a quarterly earnings per share (EPS) of $0.61, alongside a net margin and return on equity, both at 12.20%.
• Stock prices for G. Willi-Food International (NASDAQ:WILC) declined by $0.80 to $20.89 during mid-day trading, with a market cap of $289.74 million.
• JPMorgan Chase & Co. significantly increased its stake in G. Willi-Food International by 786.8% in the second quarter, indicating increased institutional interest in the company.

G. Willi-Food International (NASDAQ:WILC - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.61 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $44.83 million for the quarter. G. Willi-Food International had a return on equity of 15.70% and a net margin of 16.07%.

G. Willi-Food International Stock Up 0.7%

NASDAQ WILC traded up $0.15 during trading hours on Friday, hitting $21.86. 2,382 shares of the company were exchanged, compared to its average volume of 18,820. The company has a 50 day moving average of $19.42 and a two-hundred day moving average of $17.14. G. Willi-Food International has a 52-week low of $9.48 and a 52-week high of $22.85. The firm has a market cap of $303.20 million, a price-to-earnings ratio of 11.69 and a beta of 0.90.

G. Willi-Food International Cuts Dividend

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

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded G. Willi-Food International from a "hold" rating to a "strong-buy" rating in a report on Saturday.

Institutional Investors Weigh In On G. Willi-Food International

An institutional investor recently raised its position in G. Willi-Food International stock. JPMorgan Chase & Co. boosted its stake in shares of G. Willi-Food International, Ltd. (NASDAQ:WILC - Free Report) by 786.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,146 shares of the company's stock after purchasing an additional 1,904 shares during the quarter. JPMorgan Chase & Co.'s holdings in G. Willi-Food International were worth $40,000 as of its most recent SEC filing. Institutional investors and hedge funds own 9.45% of the company's stock.

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.