Village Super Market (NASDAQ:VLGEA) Reaches New 1-Year High – What’s Next?

Village Super Market, Inc. (NASDAQ:VLGEA)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $34.98 and last traded at $34.06, with a volume of 102 shares trading hands. The stock had previously closed at $34.10.

Village Super Market Trading Up 1.3 %

The company has a market cap of $514.24 million, a price-to-earnings ratio of 10.04 and a beta of 0.33. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.13 and a quick ratio of 0.86. The business’s 50-day simple moving average is $32.26 and its 200-day simple moving average is $31.27.

Village Super Market (NASDAQ:VLGEA) last issued its quarterly earnings data on Tuesday, December 3rd. The company reported $0.86 earnings per share (EPS) for the quarter. Village Super Market had a return on equity of 12.15% and a net margin of 2.29%.

Village Super Market Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, January 2nd were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date was Thursday, January 2nd. Village Super Market’s payout ratio is currently 28.82%.

Institutional Investors Weigh In On Village Super Market

A number of hedge funds and other institutional investors have recently modified their holdings of VLGEA. Segall Bryant & Hamill LLC increased its stake in Village Super Market by 209.4% in the third quarter. Segall Bryant & Hamill LLC now owns 40,655 shares of the company’s stock valued at $1,292,000 after purchasing an additional 27,516 shares during the last quarter. Victory Capital Management Inc. purchased a new stake in shares of Village Super Market during the 3rd quarter valued at $798,000. Barclays PLC increased its stake in Village Super Market by 262.3% during the third quarter. Barclays PLC now owns 11,434 shares of the company’s stock worth $363,000 after acquiring an additional 8,278 shares during the last quarter. Cutter & CO Brokerage Inc. acquired a new stake in Village Super Market during the 3rd quarter worth approximately $213,000. Finally, Money Concepts Capital Corp raised its stake in shares of Village Super Market by 2.1% in the 4th quarter. Money Concepts Capital Corp now owns 317,716 shares of the company’s stock valued at $10,132,000 after acquiring an additional 6,507 shares during the period. 39.02% of the stock is currently owned by hedge funds and other institutional investors.

Village Super Market Company Profile

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.