Universal Beteiligungs und Servicegesellschaft mbH Invests $1.06 Million in Village Super Market, Inc. (NASDAQ:VLGEA)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has acquired 27,771 shares of Village Super Market, Inc. for about $1,056,000, representing a 0.19% stake as per their SEC filing.
• Village Super Market announced a quarterly dividend of $0.25 per share with an annualized yield of 2.9%, and its current payout ratio stands at 26.39%.
• The company's recent earnings report revealed earnings per share of $0.78 with a revenue of $563.67 million for the latest quarter, showing a net margin of 2.45%.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 27,771 shares of the company's stock, valued at approximately $1,056,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.19% of Village Super Market at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kingsview Wealth Management LLC bought a new position in shares of Village Super Market during the first quarter valued at about $357,000. Bailard Inc. bought a new position in Village Super Market in the first quarter worth about $213,000. Allspring Global Investments Holdings LLC lifted its stake in shares of 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 period. Money Concepts Capital Corp lifted its position in Village Super Market by 1.6% during the first quarter. Money Concepts Capital Corp now owns 322,838 shares of the company's stock valued at $12,271,000 after buying an additional 5,122 shares during the period. Finally, Abound Wealth Management bought a new stake in Village Super Market during the first quarter worth about $57,000. Hedge funds and other institutional investors own 39.02% of the company's stock.

Village Super Market Stock Performance

VLGEA traded down $0.20 during midday trading on Tuesday, hitting $34.11. 11,467 shares of the company traded hands, compared to its average volume of 46,796. The company has a quick ratio of 0.78, a current ratio of 1.06 and a debt-to-equity ratio of 0.15. The company's 50-day moving average is $37.33 and its 200 day moving average is $35.63. Village Super Market, Inc. has a 52 week low of $26.37 and a 52 week high of $40.15. The firm has a market capitalization of $503.39 million, a PE ratio of 9.00 and a beta of 0.51.

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

Village Super Market Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 24th. Stockholders of record on Thursday, July 3rd were issued a $0.25 dividend. The ex-dividend date was Thursday, July 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. Village Super Market's payout ratio is 26.39%.

Village Super Market 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.