Monday, February 18, 2019

BidaskClub Upgrades Village Super Market (VLGEA) to Hold

BidaskClub upgraded shares of Village Super Market (NASDAQ:VLGEA) from a sell rating to a hold rating in a research report report published on Tuesday.

VLGEA stock opened at $28.63 on Tuesday. Village Super Market has a twelve month low of $23.30 and a twelve month high of $31.49. The stock has a market cap of $408.19 million, a P/E ratio of 13.52 and a beta of 0.19. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.50 and a current ratio of 1.89.

Get Village Super Market alerts:

Village Super Market (NASDAQ:VLGEA) last released its earnings results on Thursday, December 6th. The company reported $0.41 earnings per share for the quarter. Village Super Market had a return on equity of 9.94% and a net margin of 1.74%. The business had revenue of $401.55 million for the quarter.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 24th. Shareholders of record on Thursday, January 3rd were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend was Wednesday, January 2nd.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its holdings in Village Super Market by 4.9% during the third quarter. Dimensional Fund Advisors LP now owns 701,701 shares of the company’s stock valued at $19,086,000 after purchasing an additional 32,851 shares in the last quarter. BlackRock Inc. boosted its holdings in Village Super Market by 10.1% during the second quarter. BlackRock Inc. now owns 541,266 shares of the company’s stock valued at $15,946,000 after purchasing an additional 49,513 shares in the last quarter. Vanguard Group Inc boosted its holdings in Village Super Market by 1.0% during the third quarter. Vanguard Group Inc now owns 442,624 shares of the company’s stock valued at $12,039,000 after purchasing an additional 4,596 shares in the last quarter. Matarin Capital Management LLC acquired a new stake in Village Super Market during the third quarter valued at approximately $1,200,000. Finally, Teton Advisors Inc. boosted its holdings in Village Super Market by 8.9% during the fourth quarter. Teton Advisors Inc. now owns 80,381 shares of the company’s stock valued at $2,149,000 after purchasing an additional 6,600 shares in the last quarter. 45.91% of the stock is currently owned by institutional investors.

Village Super Market Company Profile

Village Super Market, Inc operates a chain of supermarkets in the United States. Its stores feature specialty departments, such as an on-site bakery, an expanded delicatessen, various natural and organic foods, ethnic and international foods, prepared foods, and pharmacies. The company operates a chain of 30 ShopRite supermarkets, including 18 located in northern New Jersey, 8 located in southern New Jersey, 2 located in Maryland, 1 located in northeastern Pennsylvania, and 1 in Bronx, New York City.

Recommended Story: Understanding the different types of bonds

No comments:

Post a Comment