Weis Markets, Inc. (NYSE:WMK) Shares Sold by Quest Partners LLC

Quest Partners LLC decreased its holdings in shares of Weis Markets, Inc. (NYSE:WMK) by 50.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,872 shares of the company’s stock after selling 3,921 shares during the quarter. Quest Partners LLC’s holdings in Weis Markets were worth $267,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. nVerses Capital LLC boosted its stake in Weis Markets by 100.0% in the 2nd quarter. nVerses Capital LLC now owns 400 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Weis Markets by 6,800.0% during the 3rd quarter. International Assets Investment Management LLC now owns 414 shares of the company’s stock valued at $29,000 after acquiring an additional 408 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Weis Markets by 228.7% in the second quarter. GAMMA Investing LLC now owns 572 shares of the company’s stock worth $36,000 after acquiring an additional 398 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Weis Markets by 71.4% in the third quarter. Blue Trust Inc. now owns 646 shares of the company’s stock worth $41,000 after acquiring an additional 269 shares during the last quarter. Finally, Innealta Capital LLC purchased a new stake in Weis Markets in the second quarter valued at approximately $50,000.

Weis Markets Price Performance

Shares of NYSE:WMK opened at $73.01 on Wednesday. The business has a 50-day moving average of $68.01 and a two-hundred day moving average of $67.05. The firm has a market capitalization of $1.96 billion, a PE ratio of 20.51 and a beta of 0.47. Weis Markets, Inc. has a 12 month low of $58.87 and a 12 month high of $76.62.

Weis Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th were paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date was Tuesday, November 12th. Weis Markets’s dividend payout ratio is presently 38.20%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Weis Markets from a “buy” rating to a “strong-buy” rating in a 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.