G. Willi-Food International (NASDAQ:WILC) Sets New 52-Week High – Here’s Why

G. Willi-Food International, Ltd. (NASDAQ:WILC)’s stock price reached a new 52-week high on Thursday . The company traded as high as $36.00 and last traded at $35.95, with a volume of 3947 shares. The stock had previously closed at $35.00.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of G. Willi-Food International to a “hold” rating in a research note on Saturday, January 10th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

G. Willi-Food International Stock Up 2.6%

The firm has a market capitalization of $501.48 million, a PE ratio of 18.95 and a beta of 1.02. The company’s 50-day simple moving average is $27.83 and its 200 day simple moving average is $26.94.

G. Willi-Food International (NASDAQ:WILC) last released its quarterly earnings results on Tuesday, March 24th. The company reported $0.51 EPS for the quarter. The business had revenue of $52.83 million during the quarter. G. Willi-Food International had a net margin of 14.75% and a return on equity of 14.37%.

G. Willi-Food International Announces Dividend

The company also recently declared a special dividend, which was paid on Wednesday, April 29th. Shareholders of record on Monday, April 13th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Monday, April 13th. G. Willi-Food International’s dividend payout ratio is presently 48.95%.

Institutional Trading of G. Willi-Food International

Hedge funds have recently modified their holdings of the company. Geode Capital Management LLC purchased a new position in shares of G. Willi-Food International in the 4th quarter valued at approximately $203,000. JPMorgan Chase & Co. raised its position in shares of G. Willi-Food International by 408.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,903 shares of the company’s stock valued at $220,000 after purchasing an additional 8,757 shares during the last quarter. Y.D. More Investments Ltd raised its position in shares of G. Willi-Food International by 3,072.6% in the 1st quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock valued at $1,751,000 after purchasing an additional 66,583 shares during the last quarter. Noked Israel Ltd purchased a new position in shares of G. Willi-Food International in the 4th quarter valued at approximately $230,000. Finally, Acadian Asset Management LLC purchased a new position in shares of G. Willi-Food International in the 1st quarter valued at approximately $50,000. 9.45% of the stock is owned by hedge funds and other institutional investors.

About G. Willi-Food International

G. Willi-Food International, Inc is a specialty food manufacturer based in Porterville, California, that develops, produces and distributes a variety of seasoned and roasted nut products, trail mixes and snack foods. The company serves both retail and foodservice channels through branded and private-label offerings, catering to grocery chains, club stores, convenience outlets, airlines, hotels, universities and restaurants throughout North America.

Founded in 1977, G. Willi-Food has expanded from a single roasting line to multiple production facilities in California, supported by satellite distribution centers to ensure efficient delivery and inventory management.