Nuveen LLC Invests $814,000 in Village Super Market, Inc. $VLGEA

Nuveen LLC purchased a new position in Village Super Market, Inc. (NASDAQ:VLGEA) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 21,414 shares of the company’s stock, valued at approximately $814,000. Nuveen LLC owned about 0.15% of Village Super Market at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of VLGEA. Abound Wealth Management purchased a new stake in Village Super Market during the 1st quarter valued at $57,000. GAMMA Investing LLC raised its stake in Village Super Market by 8,860.7% during the 1st quarter. GAMMA Investing LLC now owns 2,509 shares of the company’s stock valued at $95,000 after buying an additional 2,481 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Village Super Market by 239.9% during the 4th quarter. BNP Paribas Financial Markets now owns 5,945 shares of the company’s stock valued at $190,000 after buying an additional 4,196 shares during the last quarter. Deutsche Bank AG raised its stake in Village Super Market by 129.2% during the 4th quarter. Deutsche Bank AG now owns 6,270 shares of the company’s stock valued at $200,000 after buying an additional 3,534 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in Village Super Market by 21.0% during the 4th quarter. Wells Fargo & Company MN now owns 6,409 shares of the company’s stock valued at $204,000 after buying an additional 1,112 shares during the last quarter. Hedge funds and other institutional investors own 39.02% of the company’s stock.

Village Super Market Price Performance

NASDAQ VLGEA opened at $36.59 on Wednesday. The firm’s fifty day simple moving average is $36.41 and its two-hundred day simple moving average is $35.91. The company has a current ratio of 1.06, a quick ratio of 0.78 and a debt-to-equity ratio of 0.15. Village Super Market, Inc. has a 12-month low of $28.33 and a 12-month high of $40.15. The firm has a market capitalization of $540.07 million, a P/E ratio of 9.65 and a beta of 0.53.

Village Super Market (NASDAQ:VLGEA) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $0.78 earnings per share for the quarter. The firm had revenue of $563.67 million for the quarter. Village Super Market had a net margin of 2.45% and a return on equity of 12.55%.

Village Super Market Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Stockholders of record on Thursday, July 3rd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, July 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.7%. Village Super Market’s payout ratio is 26.39%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Village Super Market from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th.

About Village Super Market

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.