14,229 Shares in Weis Markets, Inc. (NYSE:WMK) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new position in Weis Markets, Inc. (NYSE:WMK) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,229 shares of the company’s stock, valued at approximately $1,096,000. Jefferies Financial Group Inc. owned about 0.05% of Weis Markets as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of WMK. Vanguard Group Inc. boosted its position in shares of Weis Markets by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 1,842,882 shares of the company’s stock worth $124,800,000 after acquiring an additional 30,772 shares during the last quarter. JPMorgan Chase & Co. increased its position in Weis Markets by 62.5% during the 4th quarter. JPMorgan Chase & Co. now owns 54,952 shares of the company’s stock worth $3,721,000 after purchasing an additional 21,144 shares in the last quarter. Norges Bank acquired a new stake in Weis Markets during the 4th quarter worth approximately $3,418,000. O Shaughnessy Asset Management LLC increased its position in Weis Markets by 19.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 6,693 shares of the company’s stock worth $453,000 after purchasing an additional 1,111 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Weis Markets by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 442,810 shares of the company’s stock worth $29,994,000 after purchasing an additional 7,846 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of Weis Markets from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 8th.

Weis Markets Stock Performance

WMK opened at $71.86 on Tuesday. The firm has a 50 day moving average price of $74.94 and a 200 day moving average price of $75.80. The company has a market cap of $1.93 billion, a PE ratio of 18.01 and a beta of 0.47. Weis Markets, Inc. has a 1 year low of $62.25 and a 1 year high of $90.23.

Weis Markets (NYSE:WMK) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.76 EPS for the quarter. The firm had revenue of $1.20 billion for the quarter. Weis Markets had a return on equity of 7.49% and a net margin of 2.24%.

Weis Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 11th. Investors of record on Monday, July 28th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Monday, July 28th. This represents a $1.36 annualized dividend and a yield of 1.9%. Weis Markets’s payout ratio is 34.09%.

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.