3,529 Shares in Weis Markets, Inc. (NYSE:WMK) Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new position in shares of Weis Markets, Inc. (NYSE:WMK) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 3,529 shares of the company’s stock, valued at approximately $243,000.

A number of other large investors have also recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in shares of Weis Markets during the 2nd quarter worth approximately $268,000. SummerHaven Investment Management LLC boosted its holdings in shares of Weis Markets by 2.1% in the 2nd quarter. SummerHaven Investment Management LLC now owns 11,584 shares of the company’s stock valued at $727,000 after purchasing an additional 233 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Weis Markets by 1.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 302,346 shares of the company’s stock valued at $18,978,000 after purchasing an additional 4,625 shares during the last quarter. Innealta Capital LLC acquired a new position in shares of Weis Markets during the 2nd quarter worth $50,000. Finally, nVerses Capital LLC lifted its position in shares of Weis Markets by 100.0% during 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.

Weis Markets Price Performance

Shares of NYSE:WMK opened at $70.08 on Thursday. Weis Markets, Inc. has a one year low of $58.87 and a one year high of $76.62. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 19.69 and a beta of 0.51. The firm has a 50 day simple moving average of $69.27 and a 200 day simple moving average of $67.68.

Weis Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 12th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date was Tuesday, November 12th. Weis Markets’s payout ratio is 38.20%.

Analyst Ratings Changes

Separately, StockNews.com upgraded 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.