Weis Markets, Inc. (NYSE:WMK) Shares Acquired by DGS Capital Management LLC

DGS Capital Management LLC increased its position in shares of Weis Markets, Inc. (NYSE:WMK) by 6.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,148 shares of the company’s stock after buying an additional 369 shares during the period. DGS Capital Management LLC’s holdings in Weis Markets were worth $424,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in shares of Weis Markets by 3.9% in the third quarter. Geode Capital Management LLC now owns 434,964 shares of the company’s stock worth $29,987,000 after acquiring an additional 16,463 shares in the last quarter. Barclays PLC increased its holdings in Weis Markets by 354.5% during the 3rd quarter. Barclays PLC now owns 27,459 shares of the company’s stock worth $1,893,000 after purchasing an additional 21,418 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Weis Markets in the 3rd quarter valued at approximately $243,000. Jane Street Group LLC boosted its stake in shares of Weis Markets by 26.5% during the 3rd quarter. Jane Street Group LLC now owns 24,150 shares of the company’s stock valued at $1,665,000 after buying an additional 5,056 shares during the last quarter. Finally, SageView Advisory Group LLC acquired a new stake in shares of Weis Markets during the third quarter worth approximately $208,000.

Weis Markets Trading Down 2.1 %

WMK stock opened at $71.19 on Friday. The firm has a market cap of $1.92 billion, a P/E ratio of 20.00 and a beta of 0.51. The stock’s 50 day simple moving average is $69.02 and its 200 day simple moving average is $67.55. Weis Markets, Inc. has a 12-month low of $58.87 and a 12-month high of $76.62.

Weis Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 12th were given a $0.34 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.91%. Weis Markets’s payout ratio is currently 38.20%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Weis Markets from a “buy” rating to a “strong-buy” rating in a research report on Thursday, November 7th.

Weis Markets Profile

Weis Markets, Inc engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company’s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products.