Village Super Market (NASDAQ:VLGEA) CFO Sells $351,040.00 in Stock

Village Super Market, Inc. (NASDAQ:VLGEA) CFO Orden John Van sold 8,000 shares of the company’s stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $43.88, for a total value of $351,040.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Village Super Market Stock Down 1.5%

NASDAQ VLGEA traded down $0.66 on Monday, reaching $43.23. The company had a trading volume of 49,957 shares, compared to its average volume of 50,712. The firm has a market capitalization of $637.64 million, a PE ratio of 11.32 and a beta of 0.44. Village Super Market, Inc. has a 1 year low of $30.08 and a 1 year high of $45.12. The firm has a 50-day moving average of $40.53 and a 200-day moving average of $36.71. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.23 and a quick ratio of 0.99.

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

Village Super Market Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Thursday, April 2nd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, April 2nd. Village Super Market’s dividend payout ratio is presently 26.18%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on VLGEA shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Village Super Market in a research report on Tuesday, January 27th. Wall Street Zen raised Village Super Market from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 7th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy”.

Institutional Investors Weigh In On Village Super Market

Several institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of Village Super Market by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 736,790 shares of the company’s stock valued at $26,079,000 after acquiring an additional 4,170 shares in the last quarter. Vanguard Group Inc. raised its position 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 acquiring an additional 38,108 shares in the last quarter. Money Concepts Capital Corp raised its position in shares of Village Super Market by 10.3% during the 4th quarter. Money Concepts Capital Corp now owns 370,064 shares of the company’s stock valued at $13,098,000 after acquiring an additional 34,516 shares in the last quarter. State Street Corp raised its position in shares of Village Super Market by 1.0% during the 4th quarter. State Street Corp now owns 202,842 shares of the company’s stock valued at $7,230,000 after acquiring an additional 2,097 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Village Super Market by 29.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 174,492 shares of the company’s stock valued at $6,176,000 after acquiring an additional 39,244 shares in the last quarter. 39.02% of the stock is owned by institutional investors and hedge funds.

About Village Super Market

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.