Village Super Market, Inc. $VLGEA Holdings Raised by Morgan Dempsey Capital Management LLC

Morgan Dempsey Capital Management LLC lifted its stake in Village Super Market, Inc. (NASDAQ:VLGEA) by 41.8% in the second quarter, HoldingsChannel reports. The firm owned 3,713 shares of the company’s stock after purchasing an additional 1,095 shares during the period. Morgan Dempsey Capital Management LLC’s holdings in Village Super Market were worth $143,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. New York State Teachers Retirement System acquired a new position in shares of Village Super Market in the second quarter worth about $30,000. Allspring Global Investments Holdings LLC lifted its position in shares of Village Super Market by 114.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 106,601 shares of the company’s stock valued at $4,104,000 after acquiring an additional 56,959 shares in the last quarter. CWM LLC boosted its stake in Village Super Market by 41.5% in the 2nd quarter. CWM LLC now owns 1,586 shares of the company’s stock worth $61,000 after purchasing an additional 465 shares during the period. Strs Ohio acquired a new position in Village Super Market in the 1st quarter worth approximately $574,000. Finally, Ellsworth Advisors LLC grew its position in Village Super Market by 6.3% during the 1st quarter. Ellsworth Advisors LLC now owns 22,796 shares of the company’s stock worth $866,000 after purchasing an additional 1,344 shares in the last quarter. Institutional investors and hedge funds own 39.02% of the company’s stock.

Village Super Market Trading Down 0.9%

Village Super Market stock opened at $32.09 on Friday. Village Super Market, Inc. has a 12 month low of $28.33 and a 12 month high of $40.15. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.14. The stock has a market cap of $473.46 million, a P/E ratio of 8.44 and a beta of 0.53. The company’s fifty day simple moving average is $36.21 and its 200-day simple moving average is $36.51.

Village Super Market (NASDAQ:VLGEA) last announced its quarterly earnings data on Tuesday, October 7th. The company reported $1.05 earnings per share (EPS) for the quarter. Village Super Market had a return on equity of 11.97% and a net margin of 2.43%.The business had revenue of $599.67 million during the quarter.

Village Super Market Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 2nd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Thursday, October 2nd. Village Super Market’s dividend payout ratio (DPR) is presently 26.32%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on VLGEA. Weiss Ratings lowered Village Super Market from a “buy (a-)” rating to a “buy (b+)” rating in a report on Wednesday, October 8th. Wall Street Zen downgraded Village Super Market from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Village Super Market presently has an average rating of “Buy”.

Village Super Market 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.