Key Points
- EVP John Sumas sold 12,703 shares on April 14 at an average price of $41.30 for about $524,634, trimming his position by 10.98% to 102,938 shares (valued at roughly $4.25 million).
- Village Super Market declared a quarterly dividend of $0.25 per share (annualized $1.00) with an ex-dividend date of April 2 and a payment date of April 23, implying a yield of about 2.4%.
- The company has a market cap near $608 million and a P/E of 10.79; it reported $1.21 EPS on $640.96 million in quarterly revenue and carries a consensus Buy rating from analysts.
Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) EVP John Sumas sold 12,703 shares of the firm's stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $41.30, for a total value of $524,633.90. Following the sale, the executive vice president directly owned 102,938 shares in the company, valued at $4,251,339.40. The trade was a 10.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Village Super Market Stock Performance
Shares of Village Super Market stock opened at $41.22 on Thursday. The company has a market capitalization of $608.00 million, a PE ratio of 10.79 and a beta of 0.44. Village Super Market, Inc. has a 12 month low of $30.08 and a 12 month high of $45.12. The company has a current ratio of 1.23, a quick ratio of 0.99 and a debt-to-equity ratio of 0.13. The stock's fifty day simple moving average is $40.76 and its 200 day simple moving average is $36.81.
Village Super Market (NASDAQ:VLGEA - Get Free Report) last released its earnings results on Wednesday, March 4th. The company reported $1.21 earnings per share (EPS) for the quarter. The firm had revenue of $640.96 million during the quarter. Village Super Market had a return on equity of 11.52% and a net margin of 2.37%.
Village Super Market Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Thursday, April 2nd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, April 2nd. Village Super Market's dividend payout ratio is 26.18%.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on VLGEA. Weiss Ratings reiterated a "buy (b)" rating on shares of Village Super Market in a report on Tuesday, January 27th. Wall Street Zen upgraded Village Super Market from a "buy" rating to a "strong-buy" rating in a report on Saturday, March 7th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Village Super Market has a consensus rating of "Buy".
Check Out Our Latest Analysis on Village Super Market
Hedge Funds Weigh In On Village Super Market
Hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in shares of Village Super Market by 121.9% in the 4th quarter. Farther Finance Advisors LLC now owns 932 shares of the company's stock valued at $33,000 after acquiring an additional 512 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its holdings 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 acquiring an additional 451 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Village Super Market by 319.0% in the 4th quarter. State of Alaska Department of Revenue now owns 1,760 shares of the company's stock valued at $61,000 after acquiring an additional 1,340 shares in the last quarter. State of Wyoming bought a new position in shares of Village Super Market in the 3rd quarter valued at about $64,000. Finally, CWM LLC grew its holdings in shares of Village Super Market by 50.5% in the 3rd quarter. CWM LLC now owns 2,387 shares of the company's stock valued at $89,000 after acquiring an additional 801 shares in the last quarter. Institutional investors own 39.02% of the company's stock.
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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