Charles Schwab Investment Management Inc. Increases Holdings in Village Super Market, Inc. $VLGEA

Charles Schwab Investment Management Inc. boosted its holdings in shares of Village Super Market, Inc. (NASDAQ:VLGEA) by 169.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,540 shares of the company’s stock after purchasing an additional 40,609 shares during the period. Charles Schwab Investment Management Inc. owned about 0.44% of Village Super Market worth $2,453,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VLGEA. Abound Wealth Management purchased a new position in Village Super Market during the 1st quarter valued at about $57,000. GAMMA Investing LLC increased its holdings in Village Super Market by 8,860.7% during the 1st quarter. GAMMA Investing LLC now owns 2,509 shares of the company’s stock valued at $95,000 after purchasing an additional 2,481 shares during the period. BNP Paribas Financial Markets increased its holdings in Village Super Market by 239.9% during the 4th quarter. BNP Paribas Financial Markets now owns 5,945 shares of the company’s stock valued at $190,000 after purchasing an additional 4,196 shares during the period. Deutsche Bank AG increased its holdings in Village Super Market by 129.2% during the 4th quarter. Deutsche Bank AG now owns 6,270 shares of the company’s stock valued at $200,000 after purchasing an additional 3,534 shares during the period. Finally, Wells Fargo & Company MN increased its holdings in Village Super Market by 21.0% during the 4th quarter. Wells Fargo & Company MN now owns 6,409 shares of the company’s stock valued at $204,000 after purchasing an additional 1,112 shares during the period. Hedge funds and other institutional investors own 39.02% of the company’s stock.

Village Super Market Stock Performance

Village Super Market stock opened at $36.28 on Friday. The stock’s 50 day simple moving average is $36.51 and its two-hundred day simple moving average is $35.87. 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 $535.49 million, a price-to-earnings ratio of 9.57 and a beta of 0.51. Village Super Market, Inc. has a fifty-two week low of $28.33 and a fifty-two week high of $40.15.

Village Super Market (NASDAQ:VLGEA) last posted its quarterly earnings data 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 business had revenue of $563.67 million for the quarter.

Village Super Market Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Investors of record on Thursday, July 3rd were paid a $0.25 dividend. The ex-dividend date was Thursday, July 3rd. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. Village Super Market’s dividend payout ratio is presently 26.39%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Village Super Market from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th.

Village Super Market 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.