Key Points
- CFO Orden John Van sold 8,000 shares on April 10 at an average price of $43.88 for proceeds of $351,040, cutting his stake by 19.99% to 32,023 shares (≈$1.41M).
- The company declared a quarterly dividend of $0.25 per share (annualized $1.00, yield ~2.3%), payable April 23 to holders of record April 2; the payout ratio is 26.18%.
- Shares opened at $43.23 and trade near a 52-week range of $30.08–$45.12; Village Super Market has a market cap of about $637.7M and a P/E of 11.32.
Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) CFO Orden John Van sold 8,000 shares of Village Super Market stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $43.88, for a total transaction 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Village Super Market Trading Down 1.5%
Shares of NASDAQ VLGEA opened at $43.23 on Tuesday. The company's 50 day simple moving average is $40.65 and its 200 day simple moving average is $36.76. Village Super Market, Inc. has a fifty-two week low of $30.08 and a fifty-two week high of $45.12. The firm has a market capitalization of $637.73 million, a P/E ratio of 11.32 and a beta of 0.44. 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 - Get Free Report) last released its earnings results on Wednesday, March 4th. The company reported $1.21 EPS for the quarter. The firm had revenue of $640.96 million during the quarter. Village Super Market had a net margin of 2.37% and a return on equity of 11.52%.
Village Super Market Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Thursday, April 2nd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. Village Super Market's payout ratio is 26.18%.
Hedge Funds Weigh In On Village Super Market
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Franklin Resources Inc. grew its holdings in shares of Village Super Market by 4.7% in the 3rd quarter. Franklin Resources Inc. now owns 7,192 shares of the company's stock valued at $269,000 after buying an additional 324 shares during the period. CANADA LIFE ASSURANCE Co increased its position in shares of Village Super Market by 60.6% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,195 shares of the company's stock valued at $42,000 after buying an additional 451 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Village Super Market by 121.9% during the 4th 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. Russell Investments Group Ltd. raised its position in shares of Village Super Market by 6.6% during the second quarter. Russell Investments Group Ltd. now owns 8,896 shares of the company's stock worth $342,000 after purchasing an additional 547 shares during the period. Finally, First Trust Advisors LP raised its holdings in Village Super Market by 1.9% during the 4th quarter. First Trust Advisors LP now owns 29,570 shares of the company's stock worth $1,047,000 after buying an additional 563 shares during the period. 39.02% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the company. Weiss Ratings restated a "buy (b)" rating on shares of Village Super Market in a report on Tuesday, January 27th. Wall Street Zen raised Village Super Market from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 7th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Village Super Market presently has an average rating of "Buy".
View Our Latest Stock Analysis on Village Super Market
Village Super Market Company Profile
(
Get Free Report)
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.
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