G. Willi-Food International (NASDAQ:WILC) Upgraded to Buy (B-) at Weiss Ratings

Key Points

• G. Willi-Food International (NASDAQ:WILC) has been upgraded to a Buy (B-) rating by Weiss Ratings, improving from a previous Hold (C+) rating.
• The company's stock traded up 1.7% on Wednesday, reaching a price of $21.24, with a market capitalization of $294.53 million.
• JPMorgan Chase & Co. significantly increased its stake in G. Willi-Food International by 786.8% in the second quarter, now owning 2,146 shares valued at approximately $40,000.

G. Willi-Food International (NASDAQ:WILC - Get Free Report) was upgraded by Weiss Ratings from a "hold (c+)" rating to a "buy (b-)" rating in a note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen lowered shares of G. Willi-Food International from a "strong-buy" rating to a "buy" rating in a research report on Friday, September 26th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, G. Willi-Food International currently has an average rating of "Buy".

G. Willi-Food International Trading Up 1.7%

WILC traded up $0.36 on Wednesday, reaching $21.24. The company had a trading volume of 3,799 shares, compared to its average volume of 11,845. The company has a fifty day moving average of $20.68 and a 200-day moving average of $18.04. The company has a market capitalization of $294.53 million, a P/E ratio of 11.36 and a beta of 0.83. G. Willi-Food International has a one year low of $10.59 and a one year high of $22.85.

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. The firm had revenue of $44.83 million during the quarter. G. Willi-Food International had a net margin of 16.07% and a return on equity of 15.70%.

Institutional Trading of G. Willi-Food International

A hedge fund recently raised its stake in G. Willi-Food International stock. JPMorgan Chase & Co. lifted its stake in G. Willi-Food International, Ltd. (NASDAQ:WILC - Free Report) by 786.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 filing with the Securities and Exchange Commission (SEC). 9.45% of the stock is currently owned by hedge funds and other institutional investors.

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.

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