Sei Investments Co. Increases Holdings in Village Super Market, Inc. $VLGEA

Sei Investments Co. increased its stake in Village Super Market, Inc. (NASDAQ:VLGEA) by 96.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,526 shares of the company’s stock after acquiring an additional 13,994 shares during the period. Sei Investments Co.’s holdings in Village Super Market were worth $1,205,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VLGEA. Bank of New York Mellon Corp raised its position in Village Super Market by 0.9% during the first quarter. Bank of New York Mellon Corp now owns 101,646 shares of the company’s stock valued at $4,293,000 after purchasing an additional 930 shares during the period. Money Concepts Capital Corp boosted its holdings in shares of Village Super Market by 5.7% in the 1st quarter. Money Concepts Capital Corp now owns 391,214 shares of the company’s stock worth $16,521,000 after purchasing an additional 21,150 shares during the period. DGS Capital Management LLC increased its position in shares of Village Super Market by 32.3% during the 1st quarter. DGS Capital Management LLC now owns 13,414 shares of the company’s stock valued at $566,000 after purchasing an additional 3,276 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Village Super Market by 2.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,677 shares of the company’s stock valued at $747,000 after buying an additional 453 shares during the period. Finally, Morton Brown Family Wealth LLC bought a new stake in Village Super Market in the first quarter worth $77,000. 39.02% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VLGEA. Weiss Ratings cut shares of Village Super Market from a “buy (a-)” rating to a “buy (b)” rating in a research report on Thursday, June 4th. Wall Street Zen cut shares of Village Super Market from a “strong-buy” rating to a “hold” rating in a research note on Saturday, June 6th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Village Super Market Trading Up 0.3%

Shares of VLGEA opened at $41.72 on Wednesday. The firm has a market capitalization of $617.87 million, a price-to-earnings ratio of 11.34 and a beta of 0.45. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.88. Village Super Market, Inc. has a 1-year low of $30.08 and a 1-year high of $48.21. The company has a 50-day moving average of $42.29 and a 200 day moving average of $41.74.

Village Super Market (NASDAQ:VLGEA) last issued its earnings results on Wednesday, June 3rd. The company reported $0.61 EPS for the quarter. The business had revenue of $572.59 million for the quarter. Village Super Market had a net margin of 2.27% and a return on equity of 10.80%.

Village Super Market Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Thursday, July 2nd were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Thursday, July 2nd. Village Super Market’s dividend payout ratio is currently 27.17%.

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.