Village Super Market (NASDAQ:VLGEA) Receives “Buy (B)” Rating from Weiss Ratings

Weiss Ratings reissued their buy (b) rating on shares of Village Super Market (NASDAQ:VLGEA) in a report published on Thursday,Weiss Ratings reports.

Separately, Wall Street Zen lowered shares of Village Super Market from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Village Super Market Stock Performance

Shares of Village Super Market stock opened at $31.50 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.13 and a quick ratio of 0.85. The firm has a market cap of $464.75 million, a P/E ratio of 8.29 and a beta of 0.53. The firm has a 50 day simple moving average of $35.59 and a 200 day simple moving average of $36.29. Village Super Market has a fifty-two week low of $28.41 and a fifty-two week high of $40.15.

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

Village Super Market Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 2nd were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, October 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 3.2%. Village Super Market’s dividend payout ratio (DPR) is presently 26.32%.

Hedge Funds Weigh In On Village Super Market

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. TrueMark Investments LLC bought a new position in Village Super Market in the third quarter valued at approximately $2,178,000. Strs Ohio boosted its stake in Village Super Market by 8.7% in the third quarter. Strs Ohio now owns 15,000 shares of the company’s stock valued at $560,000 after acquiring an additional 1,200 shares during the last quarter. Axecap Investments LLC boosted its stake in Village Super Market by 1.1% in the third quarter. Axecap Investments LLC now owns 56,682 shares of the company’s stock valued at $2,118,000 after acquiring an additional 589 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Village Super Market by 15.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 122,853 shares of the company’s stock worth $4,590,000 after purchasing an additional 16,252 shares in the last quarter. Finally, CWM LLC boosted its position in shares of Village Super Market by 50.5% during the third quarter. CWM LLC now owns 2,387 shares of the company’s stock worth $89,000 after purchasing an additional 801 shares in the last quarter. 39.02% of the stock is owned by 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.