<div id="readability-page-1"><p>Ingles Markets (NASDAQ:IMKTA - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $1.35 earnings per share (EPS) for the quarter, Zacks reports. Ingles Markets had a return on equity of 3.60% and a net margin of 1.05%.</p><div><p><span></span><span>Get <strong>Ingles Markets</strong> alerts:</span></p></div><h2>Ingles Markets Price Performance</h2><ul><li>Albertsons Companies Can’t Be Any More Attractive Than It Is</li></ul><p>Shares of NASDAQ:IMKTA opened at $77.27 on Wednesday. The company has a market capitalization of $1.47 billion, a PE ratio of 26.02 and a beta of 0.74. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.53 and a current ratio of 3.14. The stock has a fifty day moving average of $71.99 and a 200-day moving average of $67.09. Ingles Markets has a one year low of $58.92 and a one year high of $78.59. </p><h2>Ingles Markets Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Thursday, October 9th were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, October 9th. Ingles Markets's dividend payout ratio  is presently 22.22%. </p><h2>Institutional Trading of Ingles Markets</h2><p>Hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC grew its stake in  Ingles Markets by 14.4% in the third quarter. Parallel Advisors LLC now owns 1,561 shares of the company's stock valued at $109,000 after purchasing an additional 197 shares in the last quarter.  Ancora Advisors LLC bought a new position in  Ingles Markets in the 3rd quarter worth $125,000.  Russell Investments Group Ltd. increased its stake in shares of  Ingles Markets by 19.2% in the second quarter. Russell Investments Group Ltd. now owns 3,155 shares of the company's stock worth $200,000 after purchasing an additional 509 shares during the period.  First Trust Advisors LP bought a new position in  Ingles Markets in the 3rd quarter worth approximately $217,000.  Finally, Cetera Investment Advisers raised its stake in  Ingles Markets by 17.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,351 shares of the company's stock valued at $276,000 after purchasing an additional 641 shares during the last quarter. 62.54% of the stock is owned by hedge funds and other institutional investors. </p><h2>Wall Street Analyst Weigh In</h2><p>Separately, Weiss Ratings  reissued a &#34;hold (c-)&#34; rating on shares of Ingles Markets in a research note on Wednesday, October 8th. One investment analyst  has rated the stock with a Hold rating,  According to data from MarketBeat.com, Ingles Markets  has a consensus rating of &#34;Hold&#34;.</p><p><b>Read Our Latest Stock Report on IMKTA</b></p><h2>About Ingles Markets</h2> (Get Free Report)<p>Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items.</p><h2>Read More</h2><ul><li>Five stocks we like better than Ingles Markets</li><li>3 Natural Gas Stocks That Offer Great Dividend Yields</li><li>History Says These are 3 Stocks to Buy for December</li><li>Short Selling - The Pros and Cons </li><li>Warner Bros. Sale Rumors Heat Up: What Investors Need to Know</li><li>What is the Nikkei 225 index?    </li><li>From Science Project to Solvent: WeRide’s 761% Revenue Surge</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SU1LVEE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SU1LVEE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ingles Markets Right Now?</h2><p>Before you consider Ingles Markets, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ingles Markets wasn't on the list.</p><p>While Ingles Markets currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

IMKTA

<p>Ingles Markets reported quarterly earnings of $1.35 per share, with a return on equity of 3.60% and a net margin of 1.05%. The company declared a quarterly dividend of $0.165 per share. Institutional investors have adjusted their positions, with hedge funds owning 62.54% of the stock. Analysts have given the stock a consensus 'Hold' rating.</p>

Ingles Markets (NASDAQ:IMKTA) Posts Earnings Results