Village Super Market (NASDAQ:VLGEA) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Village Super Market, Inc. (NASDAQ:VLGEA)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $30.92 and traded as high as $33.96. Village Super Market shares last traded at $33.78, with a volume of 25,599 shares changing hands.

Village Super Market Price Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.86 and a current ratio of 1.13. The stock has a market capitalization of $498.59 million, a price-to-earnings ratio of 9.73 and a beta of 0.33. The business’s 50 day simple moving average is $31.92 and its 200-day simple moving average is $30.92.

Village Super Market (NASDAQ:VLGEA) last issued its quarterly earnings data on Tuesday, December 3rd. The company reported $0.86 earnings per share (EPS) for the quarter. Village Super Market had a return on equity of 12.15% and a net margin of 2.29%.

Village Super Market Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 2nd were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date of this dividend was Thursday, January 2nd. Village Super Market’s dividend payout ratio (DPR) is 28.82%.

Hedge Funds Weigh In On Village Super Market

Several large investors have recently bought and sold shares of VLGEA. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Village Super Market by 5.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 8,627 shares of the company’s stock valued at $228,000 after acquiring an additional 428 shares in the last quarter. Mackenzie Financial Corp lifted its position in Village Super Market by 2.4% in the second quarter. Mackenzie Financial Corp now owns 18,913 shares of the company’s stock worth $499,000 after purchasing an additional 446 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Village Super Market by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 23,931 shares of the company’s stock worth $761,000 after purchasing an additional 965 shares during the period. Ellsworth Advisors LLC boosted its stake in Village Super Market by 5.3% during the 3rd quarter. Ellsworth Advisors LLC now owns 19,981 shares of the company’s stock valued at $635,000 after purchasing an additional 998 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Village Super Market during the 3rd quarter valued at $54,000. Institutional investors and hedge funds own 39.02% of the company’s stock.

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.