Village Super Market (NASDAQ:VLGEA) Hits New 1-Year High – Still a 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 $38.25 and last traded at $38.01, with a volume of 125409 shares changing hands. The stock had previously closed at $36.97.

Village Super Market Stock Down 1.3 %

The firm has a market cap of $553.75 million, a P/E ratio of 10.82 and a beta of 0.31. The firm’s 50-day moving average price is $33.73 and its 200 day moving average price is $32.25. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.13 and a quick ratio of 0.86.

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

Village Super Market Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.66%. The ex-dividend date of this dividend is Thursday, April 3rd. Village Super Market’s dividend payout ratio (DPR) is presently 27.47%.

Institutional Trading of Village Super Market

Hedge funds have recently made changes to their positions in the stock. Systematic Financial Management LP increased its stake in shares of 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 purchasing an additional 22,081 shares during the period. Money Concepts Capital Corp increased its position 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 acquiring an additional 6,507 shares during the period. American Century Companies Inc. raised its stake in Village Super Market by 17.7% during the 4th quarter. American Century Companies Inc. now owns 264,087 shares of the company’s stock valued at $8,422,000 after acquiring an additional 39,694 shares in the last quarter. State Street Corp boosted its position in Village Super Market by 1.1% during the 3rd quarter. State Street Corp now owns 200,112 shares of the company’s stock worth $6,362,000 after acquiring an additional 2,139 shares during the period. Finally, Geode Capital Management LLC boosted its position in Village Super Market by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 177,468 shares of the company’s stock worth $5,642,000 after acquiring an additional 2,994 shares during the period. 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.