Allspring Global Investments Holdings LLC Lowers Stock Position in Village Super Market, Inc. $VLGEA

Allspring Global Investments Holdings LLC cut its holdings in shares of Village Super Market, Inc. (NASDAQ:VLGEA) by 10.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 110,581 shares of the company’s stock after selling 12,272 shares during the period. Allspring Global Investments Holdings LLC owned 0.75% of Village Super Market worth $3,836,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Village Super Market by 8.2% during the 3rd quarter. Vanguard Group Inc. now owns 502,457 shares of the company’s stock valued at $18,772,000 after acquiring an additional 38,108 shares during the last quarter. Money Concepts Capital Corp raised its stake in Village Super Market by 1.9% during the 3rd quarter. Money Concepts Capital Corp now owns 335,548 shares of the company’s stock valued at $12,536,000 after acquiring an additional 6,379 shares during the last quarter. Royce & Associates LP raised its stake in Village Super Market by 12.2% during the 3rd quarter. Royce & Associates LP now owns 159,011 shares of the company’s stock valued at $5,941,000 after acquiring an additional 17,338 shares during the last quarter. Bulldog Investors LLP raised its stake in Village Super Market by 184.5% during the 3rd quarter. Bulldog Investors LLP now owns 151,510 shares of the company’s stock valued at $5,660,000 after acquiring an additional 98,253 shares during the last quarter. Finally, Bridgeway Capital Management LLC raised its stake in Village Super Market by 1.4% during the 3rd quarter. Bridgeway Capital Management LLC now owns 137,318 shares of the company’s stock valued at $5,130,000 after acquiring an additional 1,836 shares during the last quarter. 39.02% of the stock is currently owned by institutional investors and hedge funds.

Village Super Market Stock Performance

NASDAQ VLGEA opened at $43.05 on Wednesday. Village Super Market, Inc. has a 1-year low of $30.08 and a 1-year high of $43.74. The company has a market capitalization of $635.07 million, a P/E ratio of 11.48 and a beta of 0.44. The business has a 50 day moving average price of $39.97 and a 200 day moving average price of $36.58. 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) last issued its quarterly earnings data 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 11.57% and a net margin of 2.37%.

Village Super Market Dividend Announcement

The firm 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 annualized dividend and a yield of 2.3%. The ex-dividend date is Thursday, April 2nd. Village Super Market’s dividend payout ratio (DPR) is 26.67%.

Wall Street Analysts Forecast Growth

VLGEA has been the subject of several recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Village Super Market in a report on Tuesday, January 27th. Wall Street Zen raised shares of 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, According to data from MarketBeat.com, Village Super Market has a consensus rating of “Buy”.

About Village Super Market

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.