G. Willi-Food International (NASDAQ:WILC) Sees Large Volume Increase – Time to Buy?

Shares of G. Willi-Food International, Ltd. (NASDAQ:WILC) saw unusually-strong trading volume on Wednesday . Approximately 8,934 shares changed hands during trading, an increase of 63% from the previous session’s volume of 5,492 shares.The stock last traded at $37.27 and had previously closed at $35.00.

G. Willi-Food International Price Performance

The company’s 50-day moving average price is $31.49 and its 200-day moving average price is $28.97. The company has a market cap of $487.05 million, a P/E ratio of 17.57 and a beta of 1.05.

G. Willi-Food International (NASDAQ:WILC) last issued its quarterly earnings data on Tuesday, May 26th. The company reported $0.46 earnings per share (EPS) for the quarter. G. Willi-Food International had a net margin of 14.51% and a return on equity of 14.12%. The company had revenue of $49.70 million during the quarter.

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 paid a $0.51 dividend. The ex-dividend date of this dividend was Monday, April 13th. G. Willi-Food International’s dividend payout ratio (DPR) is currently 46.73%.

Institutional Trading of G. Willi-Food International

Several hedge funds and other institutional investors have recently modified their holdings of WILC. JPMorgan Chase & Co. raised its stake in shares of G. Willi-Food International by 786.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company’s stock valued at $40,000 after purchasing an additional 1,904 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of G. Willi-Food International in the 1st quarter valued at about $50,000. Geode Capital Management LLC acquired a new stake in shares of G. Willi-Food International in the 4th quarter valued at about $203,000. Noked Israel Ltd acquired a new stake in shares of G. Willi-Food International in the 4th quarter valued at about $230,000. Finally, Y.D. More Investments Ltd raised its stake 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 period. Institutional investors and hedge funds own 9.45% of the company’s stock.

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.