G. Willi-Food International (NASDAQ:WILC) Shares Gap Down – Here’s Why

G. Willi-Food International, Ltd. (NASDAQ:WILC) shares gapped down before the market opened on Wednesday . The stock had previously closed at $35.85, but opened at $33.59. G. Willi-Food International shares last traded at $35.90, with a volume of 2,032 shares.

G. Willi-Food International Price Performance

The firm has a market capitalization of $494.65 million, a P/E ratio of 18.69 and a beta of 1.02. The company has a fifty day moving average of $28.47 and a 200 day moving average of $27.28.

G. Willi-Food International (NASDAQ:WILC) last issued its quarterly earnings results on Tuesday, March 24th. The company reported $0.51 earnings per share (EPS) for the quarter. G. Willi-Food International had a net margin of 14.75% and a return on equity of 14.37%. The firm had revenue of $52.83 million for the quarter.

G. Willi-Food International Announces Dividend

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

Institutional Investors Weigh In On G. Willi-Food International

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in shares of G. Willi-Food International by 786.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company’s stock worth $40,000 after buying an additional 1,904 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of G. Willi-Food International during the 1st quarter valued at $50,000. Geode Capital Management LLC acquired a new position in shares of G. Willi-Food International during the 4th quarter valued at $203,000. Noked Israel Ltd bought a new position in G. Willi-Food International during the fourth quarter worth $230,000. Finally, Y.D. More Investments Ltd grew its holdings in G. Willi-Food International by 3,072.6% in the first quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock worth $1,751,000 after purchasing an additional 66,583 shares during the period. 9.45% of the stock is currently owned by institutional investors.

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.