GSA Capital Partners LLP Sells 6,896 Shares of Weis Markets, Inc. (NYSE:WMK)

GSA Capital Partners LLP reduced its holdings in Weis Markets, Inc. (NYSE:WMK) by 11.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,874 shares of the company’s stock after selling 6,896 shares during the quarter. Weis Markets accounts for about 0.3% of GSA Capital Partners LLP’s investment portfolio, making the stock its 21st largest holding. GSA Capital Partners LLP owned about 0.19% of Weis Markets worth $3,576,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. nVerses Capital LLC grew its holdings in shares of Weis Markets by 100.0% during the second quarter. nVerses Capital LLC now owns 400 shares of the company’s stock worth $25,000 after buying an additional 200 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Weis Markets by 6,800.0% during the third quarter. International Assets Investment Management LLC now owns 414 shares of the company’s stock worth $29,000 after buying an additional 408 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Weis Markets by 228.7% during the second quarter. GAMMA Investing LLC now owns 572 shares of the company’s stock worth $36,000 after buying an additional 398 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Weis Markets by 71.4% during the third quarter. Blue Trust Inc. now owns 646 shares of the company’s stock worth $41,000 after buying an additional 269 shares in the last quarter. Finally, Innealta Capital LLC bought a new position in shares of Weis Markets during the second quarter worth about $50,000.

Weis Markets Stock Up 1.8 %

WMK stock opened at $75.91 on Tuesday. The business has a 50 day moving average price of $67.22 and a two-hundred day moving average price of $66.46. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 21.32 and a beta of 0.47. Weis Markets, Inc. has a twelve month low of $58.87 and a twelve month high of $76.62.

Weis Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.36 dividend on an annualized basis and a yield of 1.79%. Weis Markets’s dividend payout ratio is 38.20%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Weis Markets from a “buy” rating to a “strong-buy” rating in a report on Thursday, November 7th.

Weis Markets 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.