Empowered Funds LLC Sells 14,386 Shares of Weis Markets, Inc. (NYSE:WMK)

Empowered Funds LLC lessened its stake in shares of Weis Markets, Inc. (NYSE:WMK) by 56.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,158 shares of the company’s stock after selling 14,386 shares during the quarter. Empowered Funds LLC’s holdings in Weis Markets were worth $769,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. American Century Companies Inc. lifted its position in Weis Markets by 29.1% during the second quarter. American Century Companies Inc. now owns 334,324 shares of the company’s stock valued at $20,986,000 after purchasing an additional 75,395 shares during the period. AQR Capital Management LLC purchased a new stake in Weis Markets during the 2nd quarter valued at $813,000. International Assets Investment Management LLC lifted its holdings 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 buying an additional 408 shares during the period. GAMMA Investing LLC grew its holdings 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 period. Finally, Price T Rowe Associates Inc. MD increased its position in Weis Markets by 14.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 4,715 shares of the company’s stock valued at $304,000 after acquiring an additional 588 shares during the last quarter.

Weis Markets Trading Up 1.3 %

Shares of NYSE WMK opened at $71.68 on Friday. Weis Markets, Inc. has a 12-month low of $58.87 and a 12-month high of $76.62. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 20.13 and a beta of 0.47. The firm has a 50 day moving average of $67.94 and a 200 day moving average of $66.94.

Weis Markets Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th will be given a dividend of $0.34 per share. The ex-dividend date is Tuesday, November 12th. This represents a $1.36 annualized dividend and a yield of 1.90%. Weis Markets’s dividend payout ratio (DPR) is presently 38.20%.

Analyst Ratings Changes

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

About Weis Markets

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.