Village Super Market (NASDAQ:VLGEA) CFO Orden John Van Sells 8,000 Shares

Village Super Market, Inc. (NASDAQ:VLGEA) CFO Orden John Van sold 8,000 shares of the stock in a transaction dated 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 $1,405,169.24. This trade represents a 19.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Village Super Market Trading Down 1.5%

Shares of VLGEA stock opened at $43.23 on Tuesday. The company has a market capitalization of $637.73 million, a P/E ratio of 11.32 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 quick ratio of 0.99, a current ratio of 1.23 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $40.65 and a 200 day moving average price of $36.76.

Village Super Market (NASDAQ:VLGEA) last issued its quarterly earnings data on Wednesday, March 4th. The company reported $1.21 earnings per share for the quarter. Village Super Market had a net margin of 2.37% and a return on equity of 11.52%. The firm had revenue of $640.96 million for the quarter.

Village Super Market Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors 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 2.3%. The ex-dividend date of this dividend is Thursday, April 2nd. Village Super Market’s dividend payout ratio (DPR) is currently 26.18%.

Institutional Trading of Village Super Market

A number of hedge funds and other institutional investors have recently modified their holdings of VLGEA. Franklin Resources Inc. increased its stake 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 Village Super Market by 60.6% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,195 shares of the company’s stock worth $42,000 after purchasing an additional 451 shares during the period. Farther Finance Advisors LLC increased its position in Village Super Market by 121.9% in the fourth quarter. Farther Finance Advisors LLC now owns 932 shares of the company’s stock worth $33,000 after purchasing an additional 512 shares during the period. Russell Investments Group Ltd. raised its holdings in Village Super Market by 6.6% during the 2nd 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 last quarter. 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 purchasing an additional 563 shares during the last quarter. Institutional investors and hedge funds own 39.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Village Super Market in a research note on Tuesday, January 27th. Wall Street Zen raised 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 MarketBeat, the stock 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.