Village Super Market (NASDAQ:VLGEA) Trading Down 6.5% - Should You Sell?

Key Points

• Village Super Market's stock fell 6.5% to $34.07, with a trading volume decline of 41% from its average.
• Analysts have mixed ratings, with one reducing the stock from "strong-buy" to "buy" while another maintained a "buy (a-)" rating; the average rating remains a "Strong Buy."
• The company announced a quarterly dividend of $0.25 per share, reflecting an annualized dividend yield of 3.0%.

Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) was down 6.5% on Tuesday . The company traded as low as $34.44 and last traded at $34.07. Approximately 27,353 shares changed hands during trading, a decline of 41% from the average daily volume of 46,259 shares. The stock had previously closed at $36.42.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Wall Street Zen cut shares of Village Super Market from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Weiss Ratings reissued a "buy (a-)" rating on shares of Village Super Market in a report on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock has an average rating of "Strong Buy".

Village Super Market Stock Down 7.2%

The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.78 and a current ratio of 1.06. The stock has a market cap of $498.96 million, a price-to-earnings ratio of 8.92 and a beta of 0.53. The business's 50 day moving average is $36.64 and its 200 day moving average is $36.78.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last announced its quarterly earnings results on Tuesday, October 7th. The company reported $1.05 EPS for the quarter. Village Super Market had a return on equity of 12.55% and a net margin of 2.45%.

Village Super Market Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 2nd will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, October 2nd. This represents a $1.00 annualized dividend and a dividend yield of 3.0%. Village Super Market's payout ratio is presently 26.39%.

Institutional Trading of Village Super Market

Several large investors have recently added to or reduced their stakes in VLGEA. New York State Teachers Retirement System acquired a new stake in shares of Village Super Market in the second quarter valued at $30,000. Ameritas Investment Partners Inc. increased its holdings in shares of Village Super Market by 45.9% in the second quarter. Ameritas Investment Partners Inc. now owns 934 shares of the company's stock valued at $36,000 after purchasing an additional 294 shares in the last quarter. Abound Wealth Management bought a new stake in shares of Village Super Market during the first quarter worth approximately $57,000. CWM LLC grew its holdings in Village Super Market by 41.5% during the second quarter. CWM LLC now owns 1,586 shares of the company's stock valued at $61,000 after purchasing an additional 465 shares during the period. Finally, GAMMA Investing LLC increased its holdings in shares of Village Super Market by 8,860.7% in the first quarter. GAMMA Investing LLC now owns 2,509 shares of the company's stock worth $95,000 after acquiring an additional 2,481 shares in the last quarter. 39.02% of the stock is owned by institutional investors.

Village Super Market Company 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.

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