Village Super Market (NASDAQ:VLGEA) Reaches New 12-Month High - Should You Buy?

Shares of Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as $39.05 and last traded at $39.00, with a volume of 34291 shares. The stock had previously closed at $37.99.

Village Super Market Stock Down 1.1%

The company has a current ratio of 1.13, a quick ratio of 0.86 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $568.64 million, a P/E ratio of 11.11 and a beta of 0.49. The company has a 50 day simple moving average of $36.40 and a two-hundred day simple moving average of $33.92.

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

Village Super Market Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 3rd were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date was Thursday, April 3rd. Village Super Market's payout ratio is presently 27.47%.

Insider Buying and Selling at Village Super Market

In other news, major shareholder Robert Sumas sold 1,500 shares of the stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $35.81, for a total transaction of $53,715.00. Following the completion of the transaction, the insider now directly owns 87,931 shares in the company, valued at approximately $3,148,809.11. This represents a 1.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kevin Begley sold 3,000 shares of the stock in a transaction on Friday, April 25th. The shares were sold at an average price of $35.19, for a total value of $105,570.00. Following the sale, the director now owns 43,961 shares in the company, valued at $1,546,987.59. The trade was a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,843 shares of company stock worth $320,011 in the last quarter. 56.78% of the stock is owned by corporate insiders.

Institutional Trading of Village Super Market

Institutional investors and hedge funds have recently made changes to their positions in the business. Strs Ohio bought a new stake in shares of Village Super Market during the first quarter valued at approximately $574,000. Ellsworth Advisors LLC grew its stake in Village Super Market by 6.3% in the first quarter. Ellsworth Advisors LLC now owns 22,796 shares of the company's stock worth $866,000 after purchasing an additional 1,344 shares in the last quarter. Empowered Funds LLC grew its stake in Village Super Market by 7.5% in the first quarter. Empowered Funds LLC now owns 64,122 shares of the company's stock worth $2,437,000 after purchasing an additional 4,459 shares in the last quarter. Hancock Whitney Corp bought a new position in Village Super Market in the first quarter worth approximately $223,000. Finally, Trexquant Investment LP bought a new position in shares of Village Super Market during the 1st quarter worth $202,000. 39.02% of the stock is currently owned by institutional investors.

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.