Village Super Market (NASDAQ:VLGEA) Hits New 52-Week High – Here’s What Happened

Shares of Village Super Market, Inc. (NASDAQ:VLGEA) reached a new 52-week high on Monday . The company traded as high as $35.65 and last traded at $34.94, with a volume of 6432 shares. The stock had previously closed at $34.96.

Village Super Market Stock Performance

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 stock’s fifty day moving average is $33.17 and its two-hundred day moving average is $32.05. The firm has a market cap of $518.43 million, a price-to-earnings ratio of 10.13 and a beta of 0.30.

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

Village Super Market Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 3rd will be given a $0.25 dividend. The ex-dividend date is Thursday, April 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 2.84%. Village Super Market’s dividend payout ratio is presently 27.47%.

Hedge Funds Weigh In On Village Super Market

Institutional investors and hedge funds have recently bought and sold shares of the stock. Systematic Financial Management LP boosted its position in shares of Village Super Market by 5.0% during the 4th 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 in the last quarter. Money Concepts Capital Corp boosted its position in shares of Village Super Market by 2.1% during 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. American Century Companies Inc. boosted its position in shares of 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 purchasing an additional 39,694 shares in the last quarter. State Street Corp boosted its position 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 valued at $6,362,000 after purchasing an additional 2,139 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Village Super Market by 1.7% during the 3rd 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 in the last quarter. 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.