Village Super Market (NASDAQ:VLGEA) Hits New 52-Week High - Still a Buy?

Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $34.05 and last traded at $34.09, with a volume of 6759 shares trading hands. The stock had previously closed at $33.78.

Village Super Market Price Performance

The stock has a 50 day moving average price of $32.15 and a 200-day moving average price of $31.07. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.13 and a quick ratio of 0.86. The stock has a market capitalization of $503.33 million, a price-to-earnings ratio of 9.83 and a beta of 0.33.

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

Village Super Market Dividend Announcement

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 2.93%. The ex-dividend date was Thursday, January 2nd. Village Super Market's dividend payout ratio is presently 28.82%.

Institutional Investors Weigh In On Village Super Market

A number of institutional investors have recently modified their holdings of the company. Mackenzie Financial Corp lifted its position in shares of Village Super Market by 2.4% during the 2nd 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 last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Village Super Market by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 23,931 shares of the company's stock worth $761,000 after buying an additional 965 shares in the last quarter. Ellsworth Advisors LLC lifted its holdings in shares of Village Super Market by 5.3% in the 3rd quarter. Ellsworth Advisors LLC now owns 19,981 shares of the company's stock valued at $635,000 after buying an additional 998 shares during the period. Rhumbline Advisers boosted its stake in shares of Village Super Market by 8.2% in the fourth quarter. Rhumbline Advisers now owns 14,514 shares of the company's stock valued at $463,000 after buying an additional 1,103 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in Village Super Market during the third quarter worth $54,000. 39.02% of the stock is owned by institutional investors and hedge funds.

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.