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

Royce & Associates LP trimmed its position in Village Super Market, Inc. (NASDAQ:VLGEA) by 17.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 130,920 shares of the company’s stock after selling 28,091 shares during the quarter. Royce & Associates LP owned 0.89% of Village Super Market worth $4,634,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in VLGEA. Farther Finance Advisors LLC increased its stake in shares of Village Super Market by 121.9% in the fourth quarter. Farther Finance Advisors LLC now owns 932 shares of the company’s stock worth $33,000 after buying an additional 512 shares during the period. State of Alaska Department of Revenue increased its stake in shares of Village Super Market by 319.0% in the fourth quarter. State of Alaska Department of Revenue now owns 1,760 shares of the company’s stock worth $61,000 after buying an additional 1,340 shares during the period. State of Wyoming purchased a new position in shares of Village Super Market in the third quarter worth $64,000. SG Americas Securities LLC purchased a new position in shares of Village Super Market in the fourth quarter worth $115,000. Finally, BNP Paribas Financial Markets increased its stake in shares of Village Super Market by 84.5% in the third quarter. BNP Paribas Financial Markets now owns 4,700 shares of the company’s stock worth $176,000 after buying an additional 2,152 shares during the period. 39.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on VLGEA shares. Weiss Ratings raised shares of Village Super Market from a “buy (b+)” rating to a “buy (a-)” rating in a research note 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 note on Saturday, March 7th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

Village Super Market Stock Down 1.5%

Shares of NASDAQ VLGEA opened at $46.46 on Friday. The company has a current ratio of 1.23, a quick ratio of 0.99 and a debt-to-equity ratio of 0.13. Village Super Market, Inc. has a 12 month low of $30.08 and a 12 month high of $48.21. The firm has a market capitalization of $685.38 million, a PE ratio of 12.16 and a beta of 0.42. The firm has a fifty day simple moving average of $43.57 and a two-hundred day simple moving average of $39.15.

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

Village Super Market Announces Dividend

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

Insider Transactions at Village Super Market

In other news, CFO Orden John L. Van sold 8,000 shares of the company’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 directly owned 32,023 shares of the company’s stock, valued at $1,405,169.24. This represents a 19.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John James Sumas sold 12,702 shares of the company’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $43.16, for a total transaction of $548,218.32. Following the completion of the sale, the chief executive officer directly owned 36,050 shares in the company, valued at $1,555,918. This represents a 26.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 33,405 shares of company stock valued at $1,423,892 in the last three months. 59.12% of the stock is currently owned by company insiders.

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.