Village Super Market, Inc. (NASDAQ:VLGEA) Short Interest Down 13.1% in January

Village Super Market, Inc. (NASDAQ:VLGEA) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 173,145 shares, a decrease of 13.1% from the December 31st total of 199,186 shares. Based on an average daily trading volume, of 40,626 shares, the short-interest ratio is presently 4.3 days. Approximately 2.9% of the company’s shares are short sold. Approximately 2.9% of the company’s shares are short sold. Based on an average daily trading volume, of 40,626 shares, the short-interest ratio is presently 4.3 days.

Village Super Market Trading Up 4.2%

VLGEA opened at $37.16 on Tuesday. The firm’s fifty day moving average is $35.62 and its two-hundred day moving average is $35.30. The firm has a market cap of $548.11 million, a PE ratio of 9.91 and a beta of 0.52. Village Super Market has a twelve month low of $30.08 and a twelve month high of $40.15. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.88 and a current ratio of 1.17.

Village Super Market Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 22nd. Investors of record on Thursday, January 1st were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, December 31st. Village Super Market’s dividend payout ratio (DPR) is presently 26.67%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Village Super Market in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of Village Super Market by 8.2% during the 3rd quarter. Vanguard Group Inc. now owns 502,457 shares of the company’s stock valued at $18,772,000 after purchasing an additional 38,108 shares in the last quarter. American Century Companies Inc. raised its holdings in Village Super Market by 13.4% during the 2nd quarter. American Century Companies Inc. now owns 338,828 shares of the company’s stock worth $13,045,000 after buying an additional 40,163 shares during the period. Money Concepts Capital Corp raised its holdings in Village Super Market by 1.9% during the 3rd quarter. Money Concepts Capital Corp now owns 335,548 shares of the company’s stock worth $12,536,000 after buying an additional 6,379 shares during the period. Geode Capital Management LLC lifted its stake in Village Super Market by 3.3% in the second quarter. Geode Capital Management LLC now owns 188,941 shares of the company’s stock valued at $7,276,000 after buying an additional 5,972 shares in the last quarter. Finally, Royce & Associates LP boosted its holdings in shares of Village Super Market by 12.2% in the third quarter. Royce & Associates LP now owns 159,011 shares of the company’s stock valued at $5,941,000 after buying an additional 17,338 shares during the period. 39.02% of the stock is owned by institutional investors and hedge funds.

Village Super Market Company Profile

Village Super Market, Inc is a publicly traded supermarket operator headquartered in Springfield, New Jersey. The company operates a network of ShopRite-branded grocery stores under a membership agreement with Wakefern Food Corp., one of the largest retailer-owned cooperatives in the United States. Through its ShopRite banner, Village Super Market serves communities across northern and central New Jersey, offering a full range of grocery products from fresh produce, meat, seafood and bakery items to dairy, deli and health and beauty merchandise.

The company’s supermarkets feature an array of in-store services designed to meet diverse customer needs.