Swiss National Bank Buys 4,700 Shares of Weis Markets, Inc. (WMK)

Swiss National Bank lifted its stake in Weis Markets, Inc. (NYSE:WMK) by 25.1% in the second quarter, HoldingsChannel.com reports. The firm owned 23,400 shares of the company’s stock after buying an additional 4,700 shares during the period. Swiss National Bank’s holdings in Weis Markets were worth $1,248,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN raised its position in Weis Markets by 6.1% during the first quarter. Wells Fargo & Company MN now owns 68,529 shares of the company’s stock worth $2,808,000 after acquiring an additional 3,961 shares in the last quarter. Victory Capital Management Inc. raised its position in Weis Markets by 20.3% during the first quarter. Victory Capital Management Inc. now owns 16,464 shares of the company’s stock worth $675,000 after acquiring an additional 2,773 shares in the last quarter. Schwab Charles Investment Management Inc. raised its position in Weis Markets by 29.1% during the first quarter. Schwab Charles Investment Management Inc. now owns 152,272 shares of the company’s stock worth $6,241,000 after acquiring an additional 34,339 shares in the last quarter. US Bancorp DE raised its position in Weis Markets by 57.8% during the first quarter. US Bancorp DE now owns 52,010 shares of the company’s stock worth $2,131,000 after acquiring an additional 19,059 shares in the last quarter. Finally, Northern Trust Corp raised its position in Weis Markets by 0.6% during the first quarter. Northern Trust Corp now owns 214,854 shares of the company’s stock worth $8,805,000 after acquiring an additional 1,221 shares in the last quarter. Hedge funds and other institutional investors own 35.15% of the company’s stock.

NYSE WMK opened at $43.91 on Monday. Weis Markets, Inc. has a 1 year low of $31.26 and a 1 year high of $57.82. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 22.59 and a beta of 0.46.

Weis Markets (NYSE:WMK) last issued its quarterly earnings data on Friday, August 3rd. The company reported $0.71 earnings per share for the quarter. The company had revenue of $871.10 million for the quarter. Weis Markets had a net margin of 2.97% and a return on equity of 5.49%.

About Weis Markets

Weis Markets, Inc engages in the retail sale of food 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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