Cwm LLC decreased its stake in shares of Weis Marketplaces, Inc. (NYSE:WMK – Get Rating) by 17.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 25,360 shares of the company’s stock immediately after providing 5,460 shares all through the period of time. Cwm LLC’s holdings in Weis Marketplaces were really worth $1,811,000 as of its most latest filing with the Securities and Exchange Fee (SEC).
A quantity of other institutional traders and hedge resources also recently modified their holdings of the stock. Strs Ohio purchased a new place in shares of Weis Markets in the fourth quarter worth $158,000. Teacher Retirement Technique of Texas bought a new posture in shares of Weis Marketplaces in the fourth quarter really worth $223,000. ProShare Advisors LLC purchased a new position in shares of Weis Markets in the fourth quarter truly worth $237,000. Panagora Asset Administration Inc. bought a new place in shares of Weis Marketplaces in the fourth quarter value $375,000. Lastly, Janus Henderson Team PLC grew its stake in shares of Weis Markets by 56.3% in the 3rd quarter. Janus Henderson Group PLC now owns 7,746 shares of the company’s inventory well worth $407,000 soon after buying an additional 2,790 shares in the past quarter. Hedge funds and other institutional buyers possess 38.34% of the company’s stock.
Shares of Weis Markets inventory opened at $74.53 on Tuesday. The company has a market place cap of $2.00 billion, a rate-to-earnings ratio of 17.29 and a beta of .13. The business enterprise has a fifty working day basic moving typical of $76.66 and a 200-working day very simple going common of $71.47. Weis Marketplaces, Inc. has a fifty-two 7 days minimal of $50.78 and a fifty-two week high of $86.75.
Weis Marketplaces (NYSE:WMK – Get Score) very last declared its quarterly earnings facts on Monday, May perhaps 2nd. The company documented $1.17 earnings per share for the quarter. The enterprise experienced income of $1.10 billion in the course of the quarter. Weis Marketplaces experienced a return on fairness of 9.56% and a internet margin of 2.68%.
The company also a short while ago disclosed a quarterly dividend, which was paid on Monday, May perhaps 23rd. Stockholders of document on Monday, May 9th have been issued a $.32 dividend. The ex-dividend day of this dividend was Friday, May possibly 6th. This signifies a $1.28 annualized dividend and a dividend produce of 1.72%. Weis Markets’s dividend payout ratio (DPR) is 29.70%.
Separately, StockNews.com elevated Weis Marketplaces from a “buy” score to a “strong-buy” rating in a exploration take note on Saturday, May possibly 14th.
Weis Marketplaces Corporation Profile (Get Score)
Weis Markets, Inc engages in the retail sale of food as a result of a chain of supermarkets in Pennsylvania and encompassing states. The company’s retail foodstuff shops market groceries, dairy goods, frozen food items, meats, seafood, new create, floral, pharmacy companies, deli products, geared up foodstuff, bakery items, beer and wine, and fuel and typical merchandise goods, these kinds of as health and fitness and elegance care, and house products and solutions.
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