BlackRock Inc. Has $30.06 Million Position in Weis Markets (WMK)

BlackRock Inc. raised its holdings in Weis Markets (NYSE:WMK) by 3.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 726,241 shares of the company’s stock after purchasing an additional 24,800 shares during the quarter. BlackRock Inc. owned approximately 2.70% of Weis Markets worth $30,060,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of WMK. GSA Capital Partners LLP bought a new position in Weis Markets during the third quarter worth about $1,052,000. LSV Asset Management lifted its holdings in shares of Weis Markets by 57.3% in the fourth quarter. LSV Asset Management now owns 89,811 shares of the company’s stock valued at $3,717,000 after purchasing an additional 32,711 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Weis Markets by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,109,061 shares of the company’s stock valued at $48,245,000 after purchasing an additional 16,062 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Weis Markets by 28.3% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 117,933 shares of the company’s stock valued at $4,882,000 after purchasing an additional 26,047 shares in the last quarter. Finally, Algert Global LLC bought a new stake in shares of Weis Markets in the fourth quarter valued at about $2,039,000. Hedge funds and other institutional investors own 33.49% of the company’s stock.

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Separately, ValuEngine lowered Weis Markets from a “buy” rating to a “hold” rating in a report on Monday, April 2nd.

Shares of NYSE WMK opened at $44.46 on Friday. The company has a market cap of $1,185.13, a price-to-earnings ratio of 24.08 and a beta of 0.57. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.74 and a current ratio of 1.76. Weis Markets has a twelve month low of $31.26 and a twelve month high of $62.88.

Weis Markets (NYSE:WMK) last posted its earnings results on Tuesday, March 13th. The company reported $0.54 EPS for the quarter. Weis Markets had a return on equity of 5.17% and a net margin of 2.84%. The company had revenue of $883.75 million for the quarter.

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About Weis Markets

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.

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

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