Village Super Market, Inc. (NASDAQ:VLGEA) Short Interest Update

Village Super Market, Inc. (NASDAQ:VLGEA) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 154,800 shares, a growth of 65.2% from the September 15th total of 93,700 shares. Based on an average daily trading volume, of 49,600 shares, the short-interest ratio is currently 3.1 days. Approximately 1.5% of the company’s stock are short sold. Approximately 1.5% of the company’s stock are short sold. Based on an average daily trading volume, of 49,600 shares, the short-interest ratio is currently 3.1 days.

Village Super Market Price Performance

Village Super Market stock opened at $33.00 on Friday. The business’s 50-day simple moving average is $35.98 and its 200 day simple moving average is $36.42. The stock has a market cap of $486.75 million, a price-to-earnings ratio of 8.68 and a beta of 0.53. Village Super Market has a 12-month low of $28.33 and a 12-month 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.

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 business had revenue of $599.67 million for 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 business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 2nd were issued a dividend of $0.25 per share. The ex-dividend date was Thursday, October 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 3.0%. Village Super Market’s dividend payout ratio (DPR) is 26.32%.

Analysts Set New Price Targets

VLGEA has been the subject of a number of recent analyst reports. Weiss Ratings cut Village Super Market from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Wednesday, October 8th. Wall Street Zen cut Village Super Market from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 9th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Hedge Funds Weigh In On Village Super Market

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VLGEA. GAMMA Investing LLC boosted its holdings in Village Super Market by 8,860.7% during the first quarter. GAMMA Investing LLC now owns 2,509 shares of the company’s stock worth $95,000 after buying an additional 2,481 shares during the last quarter. Money Concepts Capital Corp boosted its holdings in Village Super Market by 1.6% during the first quarter. Money Concepts Capital Corp now owns 322,838 shares of the company’s stock worth $12,271,000 after buying an additional 5,122 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Village Super Market by 111.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 49,642 shares of the company’s stock worth $1,887,000 after buying an additional 26,164 shares during the last quarter. Bailard Inc. bought a new position in Village Super Market during the first quarter worth about $213,000. Finally, Kingsview Wealth Management LLC bought a new position in Village Super Market during the first quarter worth about $357,000. Institutional investors 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.