Weis Markets, Inc. (NYSE:WMK) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Weis Markets, Inc. (NYSE:WMK) by 61.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,649 shares of the company’s stock after purchasing an additional 1,391 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Weis Markets were worth $252,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of WMK. Price T Rowe Associates Inc. MD boosted its position in shares of Weis Markets by 14.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,715 shares of the company’s stock worth $304,000 after acquiring an additional 588 shares in the last quarter. GAMMA Investing LLC grew its stake in Weis Markets by 228.7% during the 2nd quarter. GAMMA Investing LLC now owns 572 shares of the company’s stock worth $36,000 after buying an additional 398 shares during the last quarter. SG Americas Securities LLC purchased a new position in Weis Markets during the 2nd quarter worth approximately $268,000. Diversified Trust Co grew its stake in Weis Markets by 118.8% during the 2nd quarter. Diversified Trust Co now owns 7,368 shares of the company’s stock worth $462,000 after buying an additional 4,001 shares during the last quarter. Finally, Capital Investment Counsel Inc grew its stake in Weis Markets by 3.6% during the 2nd quarter. Capital Investment Counsel Inc now owns 4,332 shares of the company’s stock worth $272,000 after buying an additional 150 shares during the last quarter.

Weis Markets Stock Performance

NYSE:WMK opened at $70.40 on Monday. Weis Markets, Inc. has a one year low of $58.87 and a one year high of $76.62. The business’s 50-day simple moving average is $68.53 and its 200 day simple moving average is $67.36. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 19.78 and a beta of 0.51.

Weis Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.93%. The ex-dividend date of this dividend was Tuesday, November 12th. Weis Markets’s dividend payout ratio (DPR) is 38.20%.

Analyst Upgrades and Downgrades

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