Weis Markets, Inc. (WMK) Position Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its holdings in shares of Weis Markets, Inc. (NYSE:WMK) by 6.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,858,898 shares of the company’s stock after purchasing an additional 106,332 shares during the period. Dimensional Fund Advisors LP owned approximately 0.07% of Weis Markets worth $88,817,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. United Services Automobile Association grew its stake in Weis Markets by 18.3% in the fourth quarter. United Services Automobile Association now owns 7,961 shares of the company’s stock valued at $380,000 after acquiring an additional 1,232 shares during the period. Hsbc Holdings PLC grew its stake in Weis Markets by 13.7% in the fourth quarter. Hsbc Holdings PLC now owns 7,954 shares of the company’s stock valued at $380,000 after acquiring an additional 960 shares during the period. Bessemer Group Inc. grew its stake in Weis Markets by 68.4% in the fourth quarter. Bessemer Group Inc. now owns 25,427 shares of the company’s stock valued at $1,215,000 after acquiring an additional 10,332 shares during the period. Great West Life Assurance Co. Can grew its stake in Weis Markets by 59.1% in the fourth quarter. Great West Life Assurance Co. Can now owns 2,541 shares of the company’s stock valued at $115,000 after acquiring an additional 944 shares during the period. Finally, Northern Trust Corp grew its stake in Weis Markets by 0.6% in the fourth quarter. Northern Trust Corp now owns 217,688 shares of the company’s stock valued at $10,401,000 after acquiring an additional 1,204 shares during the period. 38.61% of the stock is owned by institutional investors and hedge funds.

Shares of Weis Markets stock opened at $38.21 on Friday. The company has a quick ratio of 0.65, a current ratio of 1.66 and a debt-to-equity ratio of 0.16. Weis Markets, Inc. has a 52 week low of $38.00 and a 52 week high of $57.82.

Weis Markets (NYSE:WMK) last announced its earnings results on Friday, May 3rd. The company reported $0.53 earnings per share (EPS) for the quarter. The company had revenue of $876.72 million for the quarter. Weis Markets had a return on equity of 5.96% and a net margin of 1.73%.

The business also recently announced a quarterly dividend, which will be paid on Monday, May 20th. Investors of record on Monday, May 6th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, May 3rd. This represents a $1.24 annualized dividend and a dividend yield of 3.25%.

In related news, COO Kurt A. Schertle bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The shares were bought at an average price of $40.36 per share, with a total value of $40,360.00. Following the completion of 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 27.00% of the stock is owned by insiders.

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Weis Markets 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.

Further Reading: Percentage Gainers

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Institutional Ownership by Quarter for Weis Markets (NYSE:WMK)

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