Weis Markets, Inc. (WMK) To Go Ex-Dividend on February 15th

Weis Markets, Inc. (NYSE:WMKGet Free Report) announced a quarterly dividend on Thursday, February 8th, Zacks reports. Investors of record on Monday, February 19th will be given a dividend of 0.34 per share on Monday, March 4th. This represents a $1.36 annualized dividend and a yield of 2.28%. The ex-dividend date is Thursday, February 15th.

Weis Markets has raised its dividend payment by an average of 3.1% annually over the last three years.

Weis Markets Stock Performance

WMK opened at $59.59 on Friday. Weis Markets has a 12 month low of $58.75 and a 12 month high of $86.67. The stock’s 50 day moving average price is $62.63 and its 200 day moving average price is $63.87.

Hedge Funds Weigh In On Weis Markets

Hedge funds have recently modified their holdings of the company. International Assets Investment Management LLC increased its position in shares of Weis Markets by 6,300.0% during the 4th quarter. International Assets Investment Management LLC now owns 384 shares of the company’s stock valued at $25,000 after purchasing an additional 378 shares during the period. Ensign Peak Advisors Inc acquired a new position in shares of Weis Markets in the 3rd quarter worth $29,000. Point72 Hong Kong Ltd acquired a new position in shares of Weis Markets in the 1st quarter worth $44,000. Captrust Financial Advisors grew its holdings in shares of Weis Markets by 78.0% in the 1st quarter. Captrust Financial Advisors now owns 696 shares of the company’s stock worth $50,000 after acquiring an additional 305 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Weis Markets by 189.6% in the 1st quarter. Tower Research Capital LLC TRC now owns 614 shares of the company’s stock worth $52,000 after acquiring an additional 402 shares during the last quarter.

Analyst Upgrades and Downgrades

WMK has been the topic of several analyst reports. StockNews.com upgraded Weis Markets from a “hold” rating to a “buy” rating in a research report on Thursday, January 18th. TheStreet cut Weis Markets from a “b-” rating to a “c” rating in a research report on Thursday, November 16th.

Check Out Our Latest Stock Analysis on WMK

Weis Markets Company Profile

(Get Free Report)

Weis Markets, Inc engages in the retail sale of food through a chain of supermarkets 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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Dividend History for Weis Markets (NYSE:WMK)

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