Village Super Market, Inc. $VLGEA Shares Bought by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. increased its holdings in Village Super Market, Inc. by 169.7% during the first quarter, now owning approximately 0.44% of the company, valued at $2.45 million.
• The company recently reported a quarterly revenue of $563.67 million and earnings per share of $0.78.
• Village Super Market declared a quarterly dividend of $0.25, representing a 2.8% dividend yield with a payout ratio of 26.39%.

Charles Schwab Investment Management Inc. boosted its stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) by 169.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,540 shares of the company's stock after buying an additional 40,609 shares during the period. Charles Schwab Investment Management Inc. owned 0.44% of Village Super Market worth $2,453,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Shufro Rose & Co. LLC raised its holdings in shares of Village Super Market by 17.3% during the 1st quarter. Shufro Rose & Co. LLC now owns 16,194 shares of the company's stock worth $616,000 after acquiring an additional 2,394 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Village Super Market during the first quarter worth about $1,056,000. Kingsview Wealth Management LLC acquired a new stake in Village Super Market during the first quarter worth about $357,000. Bailard Inc. purchased a new position in Village Super Market during the first quarter worth about $213,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Village Super Market by 111.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 49,642 shares of the company's stock valued at $1,887,000 after purchasing an additional 26,164 shares during the last quarter. 39.02% of the stock is currently owned by hedge funds and other institutional investors.

Village Super Market Stock Performance

NASDAQ VLGEA traded up $0.25 on Thursday, hitting $37.37. 30,191 shares of the company's stock were exchanged, compared to its average volume of 32,844. The firm has a market cap of $551.58 million, a price-to-earnings ratio of 9.86 and a beta of 0.53. The firm's 50-day moving average price is $36.36 and its two-hundred day moving average price is $35.94. Village Super Market, Inc. has a fifty-two week low of $28.33 and a fifty-two week high of $40.15. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.06 and a quick ratio of 0.78.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported $0.78 earnings per share for the quarter. Village Super Market had a return on equity of 12.55% and a net margin of 2.45%.The firm had revenue of $563.67 million for the quarter.

Village Super Market Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Thursday, July 3rd were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, July 3rd. Village Super Market's payout ratio is presently 26.39%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of Village Super Market from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th.

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.