Weis Markets, Inc. (NYSE:WMK) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC lowered its stake in shares of Weis Markets, Inc. (NYSE:WMK) by 1.3% in the second quarter, Holdings Channel reports. The institutional investor owned 315,036 shares of the company’s stock after selling 4,200 shares during the quarter. Renaissance Technologies LLC’s holdings in Weis Markets were worth $19,775,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in WMK. nVerses Capital LLC grew its position in shares of Weis Markets by 100.0% during the second quarter. nVerses Capital LLC now owns 400 shares of the company’s stock worth $25,000 after buying an additional 200 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Weis Markets by 228.7% during the second quarter. GAMMA Investing LLC now owns 572 shares of the company’s stock worth $36,000 after buying an additional 398 shares in the last quarter. Innealta Capital LLC acquired a new stake in shares of Weis Markets during the second quarter worth approximately $50,000. Quest Partners LLC acquired a new stake in shares of Weis Markets during the fourth quarter worth approximately $97,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Weis Markets during the first quarter worth approximately $114,000.

Weis Markets Trading Down 2.7 %

WMK stock opened at $69.42 on Friday. The firm has a 50 day simple moving average of $68.90 and a 200-day simple moving average of $65.60. Weis Markets, Inc. has a twelve month low of $58.87 and a twelve month high of $76.62. The company has a market capitalization of $1.87 billion, a P/E ratio of 18.51 and a beta of 0.46.

Weis Markets (NYSE:WMK) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.98 earnings per share (EPS) for the quarter. Weis Markets had a return on equity of 6.74% and a net margin of 1.97%. The firm had revenue of $1.18 billion for the quarter.

Weis Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 12th. Investors of record on Monday, July 29th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 1.96%. The ex-dividend date was Monday, July 29th. Weis Markets’s dividend payout ratio (DPR) is presently 36.27%.

Weis Markets Company 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.