Village Super Market (NASDAQ:VLGEA) Reaches New 12-Month High – Time to Buy?

Village Super Market, Inc. (NASDAQ:VLGEA)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $35.65 and last traded at $34.94, with a volume of 6432 shares traded. The stock had previously closed at $34.96.

Village Super Market Price Performance

The stock’s 50-day moving average is $33.28 and its 200 day moving average is $32.09. 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 cap of $503.61 million, a PE ratio of 9.84 and a beta of 0.30.

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

Village Super Market Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, April 3rd. This represents a $1.00 annualized dividend and a dividend yield of 2.93%. Village Super Market’s dividend payout ratio (DPR) is currently 27.47%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in VLGEA. Systematic Financial Management LP boosted its position in Village Super Market by 5.0% in the fourth quarter. Systematic Financial Management LP now owns 460,034 shares of the company’s stock valued at $14,671,000 after buying an additional 22,081 shares during the last quarter. Money Concepts Capital Corp boosted its holdings in shares of Village Super Market by 2.1% in the 4th 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 during the last quarter. American Century Companies Inc. increased its stake in shares of Village Super Market by 17.7% in the fourth 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 during the period. State Street Corp raised its holdings in shares of Village Super Market by 1.1% during the third quarter. State Street Corp now owns 200,112 shares of the company’s stock worth $6,362,000 after purchasing an additional 2,139 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Village Super Market by 1.7% during the third quarter. Geode Capital Management LLC now owns 177,468 shares of the company’s stock valued at $5,642,000 after purchasing an additional 2,994 shares during the period. Hedge funds and other institutional investors own 39.02% of the company’s stock.

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.