Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) saw strong trading volume on Tuesday . 48,557 shares were traded during trading, an increase of 42% from the previous session's volume of 34,152 shares.The stock last traded at $38.44 and had previously closed at $38.50.
Village Super Market Trading Up 1.6%
The company has a debt-to-equity ratio of 0.15, a current ratio of 1.06 and a quick ratio of 0.78. The stock's 50 day moving average is $37.19 and its 200-day moving average is $34.82. The company has a market capitalization of $577.56 million, a P/E ratio of 10.32 and a beta of 0.48.
Village Super Market (NASDAQ:VLGEA - Get Free Report) last posted its 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 company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Shareholders of record on Thursday, July 3rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 2.56%. Village Super Market's dividend payout ratio (DPR) is 26.39%.
Insider Buying and Selling at Village Super Market
In other news, major shareholder Robert Sumas sold 1,500 shares of the business's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $35.81, for a total transaction of $53,715.00. Following the sale, the insider owned 87,931 shares in the company, valued at approximately $3,148,809.11. The trade was a 1.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Kevin Begley sold 3,000 shares of Village Super Market stock in a transaction dated Wednesday, April 9th. The shares were sold at an average price of $37.40, for a total transaction of $112,200.00. Following the transaction, the director directly owned 48,961 shares of the company's stock, valued at approximately $1,831,141.40. This trade represents a 5.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,843 shares of company stock valued at $320,011 in the last three months. Insiders own 56.78% of the company's stock.
Institutional Trading of Village Super Market
Hedge funds have recently made changes to their positions in the stock. Axecap Investments LLC bought a new stake in Village Super Market in the first quarter worth $2,387,000. Charles Schwab Investment Management Inc. raised its position in shares of Village Super Market by 169.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 64,540 shares of the company's stock worth $2,453,000 after purchasing an additional 40,609 shares during the last quarter. American Century Companies Inc. raised its position in shares of Village Super Market by 17.7% in the 4th quarter. American Century Companies Inc. now owns 264,087 shares of the company's stock worth $8,422,000 after purchasing an additional 39,694 shares during the last quarter. Segall Bryant & Hamill LLC boosted its stake in Village Super Market by 87.9% in the 4th quarter. Segall Bryant & Hamill LLC now owns 76,373 shares of the company's stock worth $2,436,000 after purchasing an additional 35,718 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Village Super Market during the 1st quarter valued at about $1,056,000. 39.02% of the stock is owned by institutional investors.
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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