Empowered Funds LLC Raises Stake in Village Super Market, Inc. (NASDAQ:VLGEA)

Empowered Funds LLC increased its stake in Village Super Market, Inc. (NASDAQ:VLGEA) by 5.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 56,795 shares of the company’s stock after acquiring an additional 2,814 shares during the quarter. Empowered Funds LLC’s holdings in Village Super Market were worth $1,806,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Innealta Capital LLC bought a new stake in shares of Village Super Market in the second quarter valued at about $39,000. Gladius Capital Management LP lifted its holdings in shares of Village Super Market by 253.7% during the 2nd quarter. Gladius Capital Management LP now owns 4,877 shares of the company’s stock valued at $129,000 after purchasing an additional 3,498 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Village Super Market in the second quarter worth about $130,000. Cutter & CO Brokerage Inc. acquired a new position in Village Super Market during the 3rd quarter valued at approximately $213,000. Finally, Vanguard Personalized Indexing Management LLC raised its stake in Village Super Market by 5.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 8,627 shares of the company’s stock worth $228,000 after acquiring an additional 428 shares during the last quarter. 39.02% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Village Super Market

In other news, Director Kevin Begley sold 1,000 shares of the company’s stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $30.00, for a total transaction of $30,000.00. Following the completion of the sale, the director now owns 60,261 shares of the company’s stock, valued at $1,807,830. This represents a 1.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 10,933 shares of company stock valued at $330,872 over the last ninety days. Corporate insiders own 56.78% of the company’s stock.

Village Super Market Stock Performance

NASDAQ VLGEA opened at $31.00 on Thursday. The firm has a market capitalization of $457.56 million, a P/E ratio of 9.06 and a beta of 0.28. The stock has a 50-day simple moving average of $31.10 and a two-hundred day simple moving average of $29.55. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.15. Village Super Market, Inc. has a fifty-two week low of $24.16 and a fifty-two week high of $33.99.

Village Super Market (NASDAQ:VLGEA) last issued its quarterly earnings results on Tuesday, October 8th. The company reported $1.14 earnings per share (EPS) for the quarter. The company had revenue of $578.24 million for the quarter. Village Super Market had a return on equity of 12.14% and a net margin of 2.26%.

Village Super Market Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Thursday, October 3rd were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date was Thursday, October 3rd. Village Super Market’s dividend payout ratio is presently 29.50%.

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.