Village Super Market (NASDAQ:VLGEA) Sets New 1-Year High – Here’s What Happened

Village Super Market, Inc. (NASDAQ:VLGEA) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $34.05 and last traded at $34.09, with a volume of 6759 shares. The stock had previously closed at $33.78.

Village Super Market Trading Up 0.8 %

The business’s 50 day simple moving average is $31.92 and its 200 day simple moving average is $30.92. The stock has a market cap of $502.65 million, a price-to-earnings ratio of 9.82 and a beta of 0.33. The company has a quick ratio of 0.86, a current ratio of 1.13 and a debt-to-equity ratio of 0.18.

Village Super Market (NASDAQ:VLGEA) last issued 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 return on equity of 12.15% and a net margin of 2.29%.

Village Super Market Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 2nd were paid 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 payout ratio is 28.82%.

Institutional Trading of Village Super Market

Several hedge funds have recently modified their holdings of VLGEA. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Village Super Market by 5.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 8,627 shares of the company’s stock worth $228,000 after purchasing an additional 428 shares during the period. Mackenzie Financial Corp lifted its holdings in Village Super Market by 2.4% in the 2nd quarter. Mackenzie Financial Corp now owns 18,913 shares of the company’s stock worth $499,000 after buying an additional 446 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Village Super Market by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 23,931 shares of the company’s stock worth $761,000 after buying an additional 965 shares during the last quarter. Ellsworth Advisors LLC increased its stake in shares of Village Super Market by 5.3% during the third quarter. Ellsworth Advisors LLC now owns 19,981 shares of the company’s stock valued at $635,000 after buying an additional 998 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Village Super Market during the third quarter valued at approximately $54,000. Institutional investors own 39.02% of the company’s stock.

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.