Shares of Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 87,976 shares were traded during mid-day trading, an increase of 165% from the previous session's volume of 33,146 shares.The stock last traded at $38.53 and had previously closed at $38.69.
Village Super Market Stock Performance
The stock has a market cap of $567.52 million, a price-to-earnings ratio of 10.15 and a beta of 0.50. 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 has a 50 day simple moving average of $36.96 and a 200 day simple moving average of $34.64.
Village Super Market (NASDAQ:VLGEA - Get Free Report) last released its quarterly earnings data on Tuesday, June 3rd. The company reported $0.78 earnings per share (EPS) for the quarter. Village Super Market had a net margin of 2.45% and a return on equity of 12.55%. The business had revenue of $563.67 million during the quarter.
Village Super Market Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Investors of record on Thursday, July 3rd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Thursday, July 3rd. Village Super Market's dividend payout ratio (DPR) is 26.39%.
Insider Buying and Selling
In other news, major shareholder Robert Sumas sold 943 shares of the firm's stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of $36.21, for a total transaction of $34,146.03. Following the completion of the transaction, the insider now owns 93,988 shares of the company's stock, valued at approximately $3,403,305.48. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kevin Begley sold 3,000 shares of the business's stock in a transaction on Friday, April 25th. The stock was sold at an average price of $35.19, for a total transaction of $105,570.00. Following the completion of the sale, the director now directly owns 43,961 shares in the company, valued at approximately $1,546,987.59. This represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,843 shares of company stock worth $320,011 in the last 90 days. Insiders own 56.78% of the company's stock.
Institutional Investors Weigh In On Village Super Market
A number of institutional investors have recently made changes to their positions in VLGEA. Axecap Investments LLC bought a new stake in shares of Village Super Market in the 1st quarter valued at $2,387,000. Charles Schwab Investment Management Inc. lifted its holdings in Village Super Market by 169.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 64,540 shares of the company's stock valued at $2,453,000 after buying an additional 40,609 shares during the period. American Century Companies Inc. boosted its position in Village Super Market by 17.7% during the fourth quarter. American Century Companies Inc. now owns 264,087 shares of the company's stock valued at $8,422,000 after acquiring an additional 39,694 shares during the last quarter. Segall Bryant & Hamill LLC grew its holdings in Village Super Market by 87.9% during the 4th quarter. Segall Bryant & Hamill LLC now owns 76,373 shares of the company's stock worth $2,436,000 after acquiring an additional 35,718 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Village Super Market in the 1st quarter worth about $1,056,000. Institutional investors own 39.02% of the company's stock.
About Village Super Market
(
Get Free Report)
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.
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