Village Super Market (NASDAQ:VLGEA) Reaches New 1-Year High – Time to Buy?

Shares of Village Super Market, Inc. (NASDAQ:VLGEA) hit a new 52-week high on Tuesday . The stock traded as high as $34.98 and last traded at $34.06, with a volume of 102 shares trading hands. The stock had previously closed at $34.10.

Village Super Market Trading Down 0.2 %

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.86 and a current ratio of 1.13. The stock has a market capitalization of $502.14 million, a PE ratio of 9.80 and a beta of 0.33. The business’s 50-day moving average is $32.18 and its two-hundred day moving average is $31.17.

Village Super Market (NASDAQ:VLGEA) last posted its quarterly earnings results on Tuesday, December 3rd. The company reported $0.86 earnings per share (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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 2nd were given a $0.25 dividend. 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 is currently 28.82%.

Institutional Investors Weigh In On Village Super Market

Hedge funds have recently modified their holdings of the company. Segall Bryant & Hamill LLC raised its position 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 worth $1,292,000 after buying an additional 27,516 shares during the period. Victory Capital Management Inc. acquired a new stake in Village Super Market during the 3rd quarter valued at $798,000. Barclays PLC increased its stake in Village Super Market by 262.3% during the 3rd quarter. Barclays PLC now owns 11,434 shares of the company’s stock worth $363,000 after buying an additional 8,278 shares during the period. Cutter & CO Brokerage Inc. purchased a new position in Village Super Market in the 3rd quarter valued at about $213,000. Finally, Money Concepts Capital Corp grew its stake in shares of Village Super Market by 2.1% during the fourth quarter. Money Concepts Capital Corp now owns 317,716 shares of the company’s stock valued at $10,132,000 after acquiring an additional 6,507 shares in the last quarter. 39.02% of the stock is owned by institutional investors and hedge funds.

About Village Super Market

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.