Village Super Market (NASDAQ:VLGEA) Hits New 12-Month High – Here’s What Happened

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

Village Super Market Price Performance

The firm has a 50-day moving average of $32.04 and a 200-day moving average of $31.02. 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 firm has a market capitalization of $511.95 million, a P/E ratio of 10.00 and a beta of 0.33.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, January 2nd were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.88%. The ex-dividend date was Thursday, January 2nd. Village Super Market’s dividend payout ratio is currently 28.82%.

Institutional Investors Weigh In On Village Super Market

A number of institutional investors have recently bought and sold shares of the business. Barclays PLC increased its stake in Village Super Market by 262.3% in the 3rd quarter. Barclays PLC now owns 11,434 shares of the company’s stock worth $363,000 after acquiring an additional 8,278 shares during the last quarter. Victory Capital Management Inc. bought a new position in shares of Village Super Market during the third quarter valued at approximately $798,000. State Street Corp lifted its stake in shares of 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 last quarter. Segall Bryant & Hamill LLC boosted its holdings in Village Super Market by 209.4% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 40,655 shares of the company’s stock valued at $1,292,000 after acquiring an additional 27,516 shares during the period. Finally, Geode Capital Management LLC grew its position in Village Super Market by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 177,468 shares of the company’s stock valued at $5,642,000 after acquiring an additional 2,994 shares during the last quarter. 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.