G. Willi-Food International (NASDAQ:WILC) Posts Earnings Results

G. Willi-Food International (NASDAQ:WILC) announced its quarterly earnings results on Tuesday. The company reported $0.46 earnings per share for the quarter, FiscalAI reports. The company had revenue of $49.70 million for the quarter. G. Willi-Food International had a net margin of 14.51% and a return on equity of 14.33%.

G. Willi-Food International Trading Down 0.6%

Shares of WILC stock opened at $35.80 on Thursday. The company’s fifty day simple moving average is $30.36 and its 200-day simple moving average is $28.40. G. Willi-Food International has a 52 week low of $15.20 and a 52 week high of $36.90. The company has a market cap of $498.69 million, a PE ratio of 17.99 and a beta of 1.02.

G. Willi-Food International Dividend Announcement

The firm also recently announced a special dividend, which was paid on Wednesday, April 29th. Stockholders of record on Monday, April 13th were paid a $0.51 dividend. The ex-dividend date of this dividend was Monday, April 13th. G. Willi-Food International’s dividend payout ratio (DPR) is currently 48.95%.

Hedge Funds Weigh In On G. Willi-Food International

A number of hedge funds have recently made changes to their positions in WILC. Y.D. More Investments Ltd raised its stake in shares of G. Willi-Food International by 3,072.6% in the 1st quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock valued at $1,751,000 after acquiring an additional 66,583 shares during the period. JPMorgan Chase & Co. raised its stake in shares of G. Willi-Food International by 408.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,903 shares of the company’s stock valued at $220,000 after acquiring an additional 8,757 shares during the period. Noked Israel Ltd purchased a new position in shares of G. Willi-Food International in the 4th quarter valued at $230,000. Geode Capital Management LLC purchased a new position in shares of G. Willi-Food International in the 4th quarter valued at $203,000. Finally, Acadian Asset Management LLC purchased a new position in shares of G. Willi-Food International in the 1st quarter valued at $50,000. Hedge funds and other institutional investors own 9.45% of the company’s stock.

About G. Willi-Food International

G. Willi-Food International, Inc is a specialty food manufacturer based in Porterville, California, that develops, produces and distributes a variety of seasoned and roasted nut products, trail mixes and snack foods. The company serves both retail and foodservice channels through branded and private-label offerings, catering to grocery chains, club stores, convenience outlets, airlines, hotels, universities and restaurants throughout North America.

Founded in 1977, G. Willi-Food has expanded from a single roasting line to multiple production facilities in California, supported by satellite distribution centers to ensure efficient delivery and inventory management.