Royce & Associates LP Trims Holdings in Village Super Market, Inc. $VLGEA

Royce & Associates LP cut its holdings in Village Super Market, Inc. (NASDAQ:VLGEA) by 17.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 130,920 shares of the company’s stock after selling 28,091 shares during the quarter. Royce & Associates LP’s holdings in Village Super Market were worth $4,634,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC grew its position in Village Super Market by 121.9% during the 4th quarter. Farther Finance Advisors LLC now owns 932 shares of the company’s stock valued at $33,000 after purchasing an additional 512 shares during the last quarter. State of Alaska Department of Revenue grew its position in Village Super Market by 319.0% during the 4th quarter. State of Alaska Department of Revenue now owns 1,760 shares of the company’s stock valued at $61,000 after purchasing an additional 1,340 shares during the last quarter. State of Wyoming purchased a new stake in Village Super Market during the 3rd quarter valued at about $64,000. SG Americas Securities LLC purchased a new stake in Village Super Market during the 4th quarter valued at about $115,000. Finally, BNP Paribas Financial Markets grew its position in Village Super Market by 84.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,700 shares of the company’s stock valued at $176,000 after purchasing an additional 2,152 shares during the last quarter. 39.02% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Village Super Market

In other Village Super Market news, EVP John Sumas sold 12,703 shares of the business’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $41.30, for a total transaction of $524,633.90. Following the completion of the sale, the executive vice president directly owned 102,938 shares in the company, valued at $4,251,339.40. The trade was a 10.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Orden John L. Van sold 8,000 shares of the business’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $43.88, for a total value of $351,040.00. Following the sale, the chief financial officer owned 32,023 shares of the company’s stock, valued at approximately $1,405,169.24. This represents a 19.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 33,405 shares of company stock worth $1,423,892. 59.12% of the stock is owned by insiders.

Village Super Market Price Performance

VLGEA opened at $46.46 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.99 and a current ratio of 1.23. The stock has a market capitalization of $685.38 million, a P/E ratio of 12.16 and a beta of 0.42. The company’s 50-day simple moving average is $43.57 and its two-hundred day simple moving average is $39.15. Village Super Market, Inc. has a 52-week low of $30.08 and a 52-week high of $48.21.

Village Super Market (NASDAQ:VLGEA) last posted its earnings results on Wednesday, March 4th. The company reported $1.21 earnings per share (EPS) for the quarter. The business had revenue of $640.96 million for the quarter. Village Super Market had a net margin of 2.37% and a return on equity of 11.52%.

Village Super Market Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Thursday, April 2nd were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Thursday, April 2nd. Village Super Market’s dividend payout ratio is 26.18%.

Wall Street Analyst Weigh In

VLGEA has been the topic of several recent analyst reports. Weiss Ratings raised shares of Village Super Market from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, May 4th. Wall Street Zen raised shares of Village Super Market from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 7th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

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.