Village Super Market’s (VLGEA) Buy (B) Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their buy (b) rating on shares of Village Super Market (NASDAQ:VLGEA) in a research report released on Thursday morning,Weiss Ratings reports.

Separately, Wall Street Zen cut Village Super Market from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Village Super Market Stock Down 0.4%

Shares of NASDAQ VLGEA opened at $31.37 on Thursday. The business has a 50-day moving average price of $35.49 and a 200 day moving average price of $36.27. Village Super Market has a 52-week low of $28.41 and a 52-week high of $40.15. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.14. The stock has a market cap of $462.83 million, a PE ratio of 8.26 and a beta of 0.53.

Village Super Market (NASDAQ:VLGEA) last posted its quarterly earnings results on Tuesday, October 7th. The company reported $1.05 earnings per share (EPS) for the quarter. The firm had revenue of $599.67 million during the quarter. Village Super Market had a return on equity of 11.97% and a net margin of 2.43%.

Village Super Market Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 2nd were paid a $0.25 dividend. The ex-dividend date was Thursday, October 2nd. This represents a $1.00 annualized dividend and a dividend yield of 3.2%. Village Super Market’s payout ratio is 26.32%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. New York State Teachers Retirement System acquired a new position in shares of Village Super Market in the second quarter worth about $30,000. Ameritas Investment Partners Inc. lifted its stake 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 worth $36,000 after acquiring an additional 294 shares in the last quarter. CWM LLC lifted its stake in shares of Village Super Market by 41.5% in the second quarter. CWM LLC now owns 1,586 shares of the company’s stock worth $61,000 after acquiring an additional 465 shares in the last quarter. Morgan Dempsey Capital Management LLC lifted its stake in shares of Village Super Market by 41.8% in the second quarter. Morgan Dempsey Capital Management LLC now owns 3,713 shares of the company’s stock worth $143,000 after acquiring an additional 1,095 shares in the last quarter. Finally, Trexquant Investment LP acquired a new position in shares of Village Super Market in the first quarter worth about $202,000. Institutional investors and hedge funds own 39.02% of the company’s stock.

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.