American Century Companies Inc. Purchases 62,472 Shares of Weis Markets, Inc. (NYSE:WMK)

American Century Companies Inc. raised its position in Weis Markets, Inc. (NYSE:WMK) by 14.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 485,287 shares of the company’s stock after buying an additional 62,472 shares during the period. American Century Companies Inc. owned 1.80% of Weis Markets worth $32,864,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in WMK. Geode Capital Management LLC boosted its holdings in shares of Weis Markets by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 434,964 shares of the company’s stock worth $29,987,000 after acquiring an additional 16,463 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Weis Markets by 4.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 420,276 shares of the company’s stock valued at $28,461,000 after purchasing an additional 17,479 shares during the last quarter. Empowered Funds LLC boosted its stake in Weis Markets by 521.2% in the fourth quarter. Empowered Funds LLC now owns 69,309 shares of the company’s stock worth $4,694,000 after purchasing an additional 58,151 shares in the last quarter. Denali Advisors LLC grew its holdings in shares of Weis Markets by 28.5% during the fourth quarter. Denali Advisors LLC now owns 37,900 shares of the company’s stock worth $2,567,000 after purchasing an additional 8,400 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of Weis Markets by 354.5% in the third quarter. Barclays PLC now owns 27,459 shares of the company’s stock valued at $1,893,000 after buying an additional 21,418 shares in the last quarter.

Weis Markets Stock Down 0.9 %

Weis Markets stock opened at $77.10 on Friday. The stock has a 50-day simple moving average of $72.75 and a 200 day simple moving average of $70.06. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 21.66 and a beta of 0.53. Weis Markets, Inc. has a 12-month low of $60.39 and a 12-month high of $83.09.

Weis Markets (NYSE:WMK) last announced its earnings results on Tuesday, February 25th. The company reported $1.29 earnings per share for the quarter. Weis Markets had a net margin of 2.01% and a return on equity of 6.85%. The company had revenue of $1.23 billion during the quarter.

Weis Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 1.76%. The ex-dividend date was Tuesday, February 18th. Weis Markets’s dividend payout ratio is 33.25%.

Weis Markets Company Profile

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.