Raymond James Financial Services Advisors Inc. increased its holdings in shares of Weis Markets, Inc. (NYSE:WMK) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,427 shares of the company’s stock after acquiring an additional 303 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Weis Markets were worth $307,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lindbrook Capital LLC bought a new position in shares of Weis Markets in the fourth quarter valued at approximately $28,000. California Public Employees Retirement System boosted its holdings in Weis Markets by 7.7% during the fourth quarter. California Public Employees Retirement System now owns 8,592 shares of the company’s stock worth $411,000 after buying an additional 613 shares in the last quarter. Legal & General Group Plc boosted its holdings in Weis Markets by 30.9% during the third quarter. Legal & General Group Plc now owns 3,227 shares of the company’s stock worth $140,000 after buying an additional 761 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in Weis Markets by 13.0% during the third quarter. Alliancebernstein L.P. now owns 9,551 shares of the company’s stock worth $415,000 after buying an additional 1,100 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in Weis Markets by 60.5% during the fourth quarter. Bank of Montreal Can now owns 3,909 shares of the company’s stock worth $186,000 after buying an additional 1,474 shares in the last quarter. Hedge funds and other institutional investors own 38.61% of the company’s stock.
NYSE:WMK traded down $0.06 during trading hours on Wednesday, reaching $41.56. 154,400 shares of the company’s stock were exchanged, compared to its average volume of 93,515. Weis Markets, Inc. has a 12 month low of $39.73 and a 12 month high of $57.82.
In related news, COO Kurt A. Schertle bought 1,000 shares of the business’s stock in a transaction on Friday, March 15th. The stock was bought at an average price of $40.36 per share, for a total transaction of $40,360.00. Following the transaction, the chief operating officer now directly owns 2,000 shares in the company, valued at $80,720. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 27.00% of the stock is owned by corporate insiders.
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Weis Markets Company Profile
Weis Markets, Inc engages in the retail sale of food 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.
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