Village Super Market (NASDAQ:VLGEA) Trading 3.3% Higher – Should You Buy?

Shares of Village Super Market, Inc. (NASDAQ:VLGEA) rose 3.3% during mid-day trading on Friday . The company traded as high as $36.68 and last traded at $37.19. Approximately 36,066 shares were traded during trading, an increase of 28% from the average daily volume of 28,222 shares. The stock had previously closed at $36.00.

Village Super Market Stock Up 2.7 %

The company has a 50-day moving average of $33.40 and a two-hundred day moving average of $32.13. 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 company has a market capitalization of $545.20 million, a PE ratio of 10.65 and a beta of 0.30.

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

Village Super Market Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 3rd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.70%. 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

Several institutional investors have recently bought and sold shares of VLGEA. American Century Companies Inc. raised its holdings in shares of Village Super Market by 17.7% during the 4th quarter. American Century Companies Inc. now owns 264,087 shares of the company’s stock worth $8,422,000 after acquiring an additional 39,694 shares in the last quarter. Segall Bryant & Hamill LLC increased its position in Village Super Market by 87.9% in the fourth quarter. Segall Bryant & Hamill LLC now owns 76,373 shares of the company’s stock worth $2,436,000 after purchasing an additional 35,718 shares during the last quarter. Victory Capital Management Inc. purchased a new stake in Village Super Market during the third quarter valued at $798,000. Systematic Financial Management LP lifted its position in Village Super Market by 5.0% during the fourth quarter. Systematic Financial Management LP now owns 460,034 shares of the company’s stock valued at $14,671,000 after purchasing an additional 22,081 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Village Super Market by 231.2% in the 4th quarter. JPMorgan Chase & Co. now owns 23,680 shares of the company’s stock worth $755,000 after buying an additional 16,531 shares in the last quarter. 39.02% of the stock is 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.