Village Super Market (NASDAQ:VLGEA) Sets New 12-Month High – Still a Buy?

Village Super Market, Inc. (NASDAQ:VLGEA) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $34.05 and last traded at $34.09, with a volume of 6759 shares traded. The stock had previously closed at $33.78.

Village Super Market Trading Up 0.8 %

The company has a quick ratio of 0.86, a current ratio of 1.13 and a debt-to-equity ratio of 0.18. The stock has a fifty day simple moving average of $31.92 and a 200 day simple moving average of $30.92. The firm has a market capitalization of $502.65 million, a P/E ratio of 9.82 and a beta of 0.33.

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

Village Super Market Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 2nd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $1.00 annualized dividend and a dividend yield of 2.94%. Village Super Market’s dividend payout ratio (DPR) is currently 28.82%.

Institutional Investors Weigh In On Village Super Market

Several large investors have recently bought and sold shares of the company. Barclays PLC raised its stake in shares of Village Super Market by 262.3% in the third quarter. Barclays PLC now owns 11,434 shares of the company’s stock valued at $363,000 after acquiring an additional 8,278 shares in the last quarter. Victory Capital Management Inc. purchased a new stake in shares of Village Super Market during the 3rd quarter worth approximately $798,000. State Street Corp boosted its holdings 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 buying an additional 2,139 shares in the last quarter. Segall Bryant & Hamill LLC lifted its holdings in shares of Village Super Market by 209.4% in the 3rd 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. Finally, Geode Capital Management LLC grew its stake in Village Super Market by 1.7% during the 3rd 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 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.