Teachers Advisors LLC boosted its holdings in Weis Markets (NYSE:WMK) by 23.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 28,333 shares of the company’s stock after buying an additional 5,433 shares during the period. Teachers Advisors LLC owned 0.11% of Weis Markets worth $1,173,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Sapphire Star Partners LP acquired a new stake in Weis Markets in the 4th quarter worth about $400,000. Jefferies Group LLC boosted its stake in Weis Markets by 105.4% in the 4th quarter. Jefferies Group LLC now owns 11,487 shares of the company’s stock worth $475,000 after buying an additional 5,895 shares during the last quarter. Stone Ridge Asset Management LLC acquired a new stake in Weis Markets in the 4th quarter worth about $756,000. California Public Employees Retirement System boosted its stake in Weis Markets by 33.9% in the 4th quarter. California Public Employees Retirement System now owns 18,714 shares of the company’s stock worth $775,000 after buying an additional 4,742 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in Weis Markets by 557.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 19,596 shares of the company’s stock worth $852,000 after buying an additional 16,616 shares during the last quarter. 33.49% of the stock is currently owned by hedge funds and other institutional investors.
Separately, ValuEngine lowered Weis Markets from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd.
NYSE WMK opened at $44.46 on Friday. The stock has a market capitalization of $1,185.13, a PE ratio of 24.08 and a beta of 0.57. Weis Markets has a 1-year low of $31.26 and a 1-year high of $62.88. The company has a current ratio of 1.76, a quick ratio of 0.74 and a debt-to-equity ratio of 0.04.
Weis Markets (NYSE:WMK) last released its quarterly earnings data on Tuesday, March 13th. The company reported $0.54 earnings per share for the quarter. The business had revenue of $883.75 million for the quarter. Weis Markets had a return on equity of 5.17% and a net margin of 2.84%.
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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.
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