Weis Markets, Inc. (NYSE:WMK) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. increased its holdings in Weis Markets, Inc. (NYSE:WMKFree Report) by 580.9% in the third quarter, Holdings Channel.com reports. The firm owned 75,480 shares of the company’s stock after purchasing an additional 64,395 shares during the period. Victory Capital Management Inc.’s holdings in Weis Markets were worth $4,755,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. lifted its stake in shares of Weis Markets by 5.3% during the second quarter. Franklin Resources Inc. now owns 3,235 shares of the company’s stock worth $240,000 after purchasing an additional 162 shares in the last quarter. Inspire Investing LLC lifted its stake in shares of Weis Markets by 3.7% during the third quarter. Inspire Investing LLC now owns 5,592 shares of the company’s stock worth $352,000 after purchasing an additional 198 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Weis Markets by 3.0% during the second quarter. The Manufacturers Life Insurance Company now owns 7,029 shares of the company’s stock worth $451,000 after purchasing an additional 202 shares in the last quarter. Covestor Ltd lifted its stake in shares of Weis Markets by 24.9% during the second quarter. Covestor Ltd now owns 1,068 shares of the company’s stock worth $69,000 after purchasing an additional 213 shares in the last quarter. Finally, Money Concepts Capital Corp lifted its stake in shares of Weis Markets by 3.2% during the fourth quarter. Money Concepts Capital Corp now owns 6,900 shares of the company’s stock worth $568,000 after purchasing an additional 215 shares in the last quarter.

Analyst Ratings Changes

Several research analysts recently commented on the company. StockNews.com upgraded Weis Markets from a “hold” rating to a “buy” rating in a research note on Thursday, January 18th. TheStreet cut Weis Markets from a “b-” rating to a “c” rating in a research note on Thursday, November 16th.

Get Our Latest Stock Report on WMK

Weis Markets Stock Performance

NYSE:WMK opened at $59.84 on Thursday. The business’s 50-day simple moving average is $62.65 and its 200 day simple moving average is $63.94. Weis Markets, Inc. has a one year low of $58.75 and a one year high of $86.67. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 14.38 and a beta of 0.46.

Weis Markets (NYSE:WMKGet Free Report) last announced its quarterly earnings data on Monday, November 6th. The company reported $0.86 earnings per share (EPS) for the quarter. Weis Markets had a return on equity of 8.43% and a net margin of 2.34%. The firm had revenue of $1.16 billion for the quarter.

Weis Markets Profile

(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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Institutional Ownership by Quarter for Weis Markets (NYSE:WMK)

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