Village Super Market (NASDAQ:VLGEA) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Village Super Market (NASDAQ:VLGEA – Get Rating) in a note issued to investors on Thursday. The firm set a “strong-buy” rating on the stock.

Village Super Market Price Performance

NASDAQ:VLGEA opened at $21.15 on Thursday. The firm has a market capitalization of $306.89 million, a price-to-earnings ratio of 9.36 and a beta of 0.32. Village Super Market has a 52-week low of $19.09 and a 52-week high of $24.43. The stock has a fifty day moving average of $22.14 and a 200 day moving average of $22.64. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.91 and a current ratio of 1.21.

Village Super Market (NASDAQ:VLGEA – Get Rating) last released its quarterly earnings results on Tuesday, March 7th. The company reported $0.85 earnings per share for the quarter. The business had revenue of $563.87 million for the quarter. Village Super Market had a return on equity of 10.87% and a net margin of 1.55%.

Insiders Place Their Bets

In related news, EVP William Sumas sold 7,052 shares of the company’s stock in a transaction that occurred on Monday, April 3rd. The stock was sold at an average price of $22.81, for a total value of $160,856.12. Following the sale, the executive vice president now owns 140,745 shares in the company, valued at approximately $3,210,393.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Village Super Market news, EVP William Sumas sold 7,052 shares of the stock in a transaction on Monday, April 3rd. The stock was sold at an average price of $22.81, for a total transaction of $160,856.12. Following the sale, the executive vice president now directly owns 140,745 shares in the company, valued at approximately $3,210,393.45. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP John Sumas sold 11,449 shares of the stock in a transaction on Thursday, March 23rd. The shares were sold at an average price of $22.47, for a total value of $257,259.03. Following the transaction, the executive vice president now directly owns 113,022 shares in the company, valued at $2,539,604.34. The disclosure for this sale can be found here. In the last quarter, insiders have sold 20,635 shares of company stock worth $465,140. Company insiders own 64.68% of the company’s stock.

Institutional Investors Weigh In On Village Super Market

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its position in shares of Village Super Market by 1.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 769,084 shares of the company’s stock valued at $17,913,000 after purchasing an additional 13,364 shares in the last quarter. Renaissance Technologies LLC grew its position in Village Super Market by 1.0% in the first quarter. Renaissance Technologies LLC now owns 697,600 shares of the company’s stock worth $17,091,000 after acquiring an additional 7,216 shares in the last quarter. Systematic Financial Management LP grew its position in Village Super Market by 29.7% in the third quarter. Systematic Financial Management LP now owns 591,002 shares of the company’s stock worth $11,424,000 after acquiring an additional 135,235 shares in the last quarter. Money Concepts Capital Corp grew its position in Village Super Market by 12.1% in the fourth quarter. Money Concepts Capital Corp now owns 248,451 shares of the company’s stock worth $5,786,000 after acquiring an additional 26,854 shares in the last quarter. Finally, Royce & Associates LP grew its position in Village Super Market by 1.5% in the first quarter. Royce & Associates LP now owns 233,448 shares of the company’s stock worth $5,341,000 after acquiring an additional 3,400 shares in the last quarter. 42.09% of the stock is owned by institutional investors.

About Village Super Market

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Village Super Market, Inc operates a chain of retail sale of food and nonfood products. The company was founded by Nicholas Sumas and Perry Sumas in 1937 and is headquartered in Springfield, NJ.