G. Willi-Food International (NASDAQ:WILC) Releases 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) announced its quarterly earnings data on Tuesday. The company reported $0.61 earnings per share (EPS) for the quarter, Zacks reports. G. Willi-Food International had a net margin of 12.20% and a return on equity of 12.20%.

G. Willi-Food International Stock Performance

Shares of WILC traded down $0.80 during mid-day trading on Tuesday, hitting $20.89. 24,090 shares of the company's stock were exchanged, compared to its average volume of 12,578. The stock's 50-day moving average is $18.98 and its 200-day moving average is $16.99. The company has a market cap of $289.74 million, a price-to-earnings ratio of 15.03 and a beta of 0.90. G. Willi-Food International has a fifty-two week low of $9.43 and a fifty-two week high of $22.85.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of G. Willi-Food International to a "hold" rating in a research report on Saturday, August 2nd.

Institutional Trading of G. Willi-Food International

A hedge fund recently raised its stake in G. Willi-Food International stock. JPMorgan Chase & Co. boosted its position in G. Willi-Food International, Ltd. (NASDAQ:WILC - Free Report) by 786.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,146 shares of the company's stock after buying an additional 1,904 shares during the period. 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.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.