Village Super Market (NASDAQ:VLGEA) Sets New 1-Year High – Should You Buy?

Village Super Market, Inc. (NASDAQ:VLGEA) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $38.25 and last traded at $38.01, with a volume of 125409 shares trading hands. The stock had previously closed at $36.97.

Village Super Market Stock Down 1.3 %

The firm has a 50-day moving average of $33.73 and a two-hundred day moving average of $32.25. The company has a current ratio of 1.13, a quick ratio of 0.86 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $553.75 million, a PE ratio of 10.82 and a beta of 0.31.

Village Super Market (NASDAQ:VLGEA) last released its quarterly earnings data on Tuesday, March 4th. The company reported $1.14 earnings per share for the quarter. Village Super Market had a return on equity of 12.15% and a net margin of 2.29%. The business had revenue of $599.65 million for the quarter.

Village Super Market Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.66%. The ex-dividend date is Thursday, April 3rd. Village Super Market’s dividend payout ratio (DPR) is presently 27.47%.

Hedge Funds Weigh In On Village Super Market

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. boosted its holdings in Village Super Market by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 23,931 shares of the company’s stock valued at $761,000 after purchasing an additional 965 shares during the last quarter. State Street Corp raised its position in shares of Village Super Market by 1.1% in the 3rd quarter. State Street Corp now owns 200,112 shares of the company’s stock valued at $6,362,000 after purchasing an additional 2,139 shares in the last quarter. Orion Portfolio Solutions LLC boosted its stake in shares of Village Super Market by 13.8% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 36,266 shares of the company’s stock valued at $1,153,000 after buying an additional 4,392 shares during the last quarter. Barclays PLC grew its position in shares of 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 buying an additional 8,278 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Village Super Market by 1.7% in the third quarter. Geode Capital Management LLC now owns 177,468 shares of the company’s stock worth $5,642,000 after buying an additional 2,994 shares during the last quarter. 39.02% of the stock is owned by institutional investors and hedge funds.

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.