Dalton Greiner Hartman Maher Co Lowers stake in Weis Markets (WMK)

Weis Markets (WMK) : Dalton Greiner Hartman Maher Co reduced its stake in Weis Markets by 20.81% during the most recent quarter end. The investment management company now holds a total of 235,523 shares of Weis Markets which is valued at $12,687,624 after selling 61,910 shares in Weis Markets , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.Weis Markets makes up approximately 0.84% of Dalton Greiner Hartman Maher Co’s portfolio.

Other Hedge Funds, Including , Msi Financial Services Inc sold out all of its stake in WMK during the most recent quarter. The investment firm sold 20 shares of WMK which is valued $1,077.Legal General Group Plc reduced its stake in WMK by selling 567 shares or 20.42% in the most recent quarter. The Hedge Fund company now holds 2,210 shares of WMK which is valued at $117,196.Bnp Paribas Arbitrage Sa boosted its stake in WMK in the latest quarter, The investment management firm added 470 additional shares and now holds a total of 1,138 shares of Weis Markets which is valued at $59,859. Washington Trust Bank added WMK to its portfolio by purchasing 32 company shares during the most recent quarter which is valued at $1,683.

Weis Markets opened for trading at $52.99 and hit $53.18 on the upside on Tuesday, eventually ending the session at $53.03, with a gain of 0.08% or 0.04 points. The heightened volatility saw the trading volume jump to 80,721 shares. Company has a market cap of $1,426 M.

Weis Markets Inc. is engaged principally 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 fuel and general merchandise items such as health and beauty care and household products. The Company advertises its products and promotes its brand through weekly newspaper circulars; radio and television ads; e-mail blasts; and online via its Website social media and mobile applications. Printed circulars are used on a weekly basis to advertise featured items. The Company owns and operates over 163 retail food stores. Its brands for its product lines and promotions include Weis Weis 2 Go Weis Wonder Chicken Price Freeze Weis Gas-n-Go and Weis Nutri-Facts.

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