Weyco Group, Inc. (NASDAQ:WEYS) VP Michael Bernsteen sold 1,600 shares of the firm’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $33.20, for a total transaction of $53,120.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Michael Bernsteen also recently made the following trade(s):
- On Friday, March 15th, Michael Bernsteen sold 1,000 shares of Weyco Group stock. The shares were sold at an average price of $32.26, for a total transaction of $32,260.00.
Shares of NASDAQ WEYS traded up $0.10 during trading on Thursday, hitting $29.50. The company had a trading volume of 588 shares, compared to its average volume of 14,773. Weyco Group, Inc. has a fifty-two week low of $26.70 and a fifty-two week high of $39.93. The firm has a market cap of $305.27 million, a price-to-earnings ratio of 14.68 and a beta of 0.55. The company has a quick ratio of 2.58, a current ratio of 4.91 and a debt-to-equity ratio of 0.09.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be given a $0.24 dividend. This is a positive change from Weyco Group’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $0.96 annualized dividend and a dividend yield of 3.25%.
Separately, BidaskClub lowered shares of Weyco Group from a “buy” rating to a “hold” rating in a research report on Wednesday.
Several large investors have recently bought and sold shares of WEYS. BNP Paribas Arbitrage SA lifted its stake in shares of Weyco Group by 505.2% in the first quarter. BNP Paribas Arbitrage SA now owns 1,277 shares of the textile maker’s stock worth $40,000 after buying an additional 1,066 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of Weyco Group by 13.7% in the first quarter. O Shaughnessy Asset Management LLC now owns 4,344 shares of the textile maker’s stock worth $134,000 after buying an additional 522 shares in the last quarter. Rhumbline Advisers lifted its stake in shares of Weyco Group by 37.5% in the fourth quarter. Rhumbline Advisers now owns 10,004 shares of the textile maker’s stock worth $292,000 after buying an additional 2,726 shares in the last quarter. California Public Employees Retirement System lifted its stake in shares of Weyco Group by 16.9% in the fourth quarter. California Public Employees Retirement System now owns 10,540 shares of the textile maker’s stock worth $307,000 after buying an additional 1,523 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Weyco Group by 18.4% in the fourth quarter. First Trust Advisors LP now owns 11,326 shares of the textile maker’s stock worth $330,000 after buying an additional 1,758 shares in the last quarter. 34.54% of the stock is currently owned by hedge funds and other institutional investors.
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Weyco Group Company Profile
Weyco Group, Inc, together with its subsidiaries, designs and distributes footwear. The company operates through two segments, North American Wholesale and North American Retail. It engages in the design and marketing footwear for men, women, and children under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names.
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