Shares of Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $36.62 and traded as low as $31.64. Village Super Market shares last traded at $32.73, with a volume of 67,815 shares.
Analyst Upgrades and Downgrades
Several research firms have weighed in on VLGEA. Weiss Ratings lowered Village Super Market from a "buy (a-)" rating to a "buy (b+)" rating in a report on Wednesday, October 8th. Wall Street Zen lowered Village Super Market from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy".
Read Our Latest Stock Report on VLGEA
Village Super Market Trading Up 3.5%
The company has a market capitalization of $483.09 million, a P/E ratio of 8.61 and a beta of 0.53. The business has a fifty day moving average price of $36.35 and a 200 day moving average price of $36.62. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.14.
Village Super Market (NASDAQ:VLGEA - Get Free Report) last released its earnings results on Tuesday, October 7th. The company reported $1.05 earnings per share (EPS) for the quarter. The business had revenue of $599.67 million for the quarter. Village Super Market had a return on equity of 11.97% and a net margin of 2.43%.
Village Super Market Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 2nd will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.1%. Village Super Market's payout ratio is currently 26.32%.
Institutional Trading of Village Super Market
A number of hedge funds and other institutional investors have recently modified their holdings of VLGEA. Ameritas Investment Partners Inc. increased its position in Village Super Market by 45.9% during the second quarter. Ameritas Investment Partners Inc. now owns 934 shares of the company's stock worth $36,000 after buying an additional 294 shares during the last quarter. Franklin Resources Inc. increased its position in Village Super Market by 5.6% during the second quarter. Franklin Resources Inc. now owns 6,868 shares of the company's stock worth $264,000 after buying an additional 366 shares during the last quarter. CWM LLC increased its position in Village Super Market by 41.5% during the second quarter. CWM LLC now owns 1,586 shares of the company's stock worth $61,000 after buying an additional 465 shares during the last quarter. Russell Investments Group Ltd. increased its position in Village Super Market by 6.6% during the second quarter. Russell Investments Group Ltd. now owns 8,896 shares of the company's stock worth $342,000 after buying an additional 547 shares during the last quarter. Finally, Rhumbline Advisers increased its position in Village Super Market by 4.8% during the second quarter. Rhumbline Advisers now owns 14,535 shares of the company's stock worth $560,000 after buying an additional 671 shares during the last quarter. Institutional investors and hedge funds own 39.02% of the company's stock.
Village Super Market Company Profile
(
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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