Village Super Market (NASDAQ:VLGEA) Hits New 1-Year High – Still a Buy?

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 traded. The stock had previously closed at $34.10.

Village Super Market Price Performance

The firm has a market cap of $514.24 million, a price-to-earnings ratio of 10.04 and a beta of 0.33. 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 stock has a 50-day moving average price of $32.26 and a 200 day moving average price of $31.27.

Village Super Market (NASDAQ:VLGEA) last announced its 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 company also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 2nd were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend was Thursday, January 2nd. Village Super Market’s dividend payout ratio (DPR) is presently 28.82%.

Institutional Trading of Village Super Market

Institutional investors have recently modified their holdings of the business. SBI Securities Co. Ltd. purchased a new stake in Village Super Market during the fourth quarter worth about $78,000. Rhumbline Advisers boosted its stake in shares of Village Super Market by 8.2% during the 4th quarter. Rhumbline Advisers now owns 14,514 shares of the company’s stock worth $463,000 after acquiring an additional 1,103 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Village Super Market by 5.0% in the 4th quarter. Empowered Funds LLC now owns 59,663 shares of the company’s stock worth $1,888,000 after acquiring an additional 2,868 shares during the period. Money Concepts Capital Corp increased its stake in 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 purchasing an additional 6,507 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in Village Super Market during the fourth quarter worth $118,000. 39.02% of the stock is currently owned by hedge funds and other institutional investors.

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.