Allspring Global Investments Holdings LLC Sells 14,691 Shares of Village Super Market, Inc. $VLGEA

Allspring Global Investments Holdings LLC trimmed its stake in Village Super Market, Inc. (NASDAQ:VLGEA) by 13.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,890 shares of the company’s stock after selling 14,691 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.65% of Village Super Market worth $4,105,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC grew 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 acquiring an additional 512 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its position in Village Super Market by 60.6% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,195 shares of the company’s stock valued at $42,000 after purchasing an additional 451 shares in the last quarter. State of Alaska Department of Revenue raised its position in Village Super Market by 319.0% during the fourth quarter. State of Alaska Department of Revenue now owns 1,760 shares of the company’s stock valued at $61,000 after purchasing an additional 1,340 shares in the last quarter. Morton Brown Family Wealth LLC bought a new stake in Village Super Market during the first quarter worth about $77,000. Finally, SG Americas Securities LLC bought a new stake in Village Super Market during the fourth quarter worth about $115,000. 39.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VLGEA has been the topic of a number of research reports. Weiss Ratings cut Village Super Market from a “buy (a-)” rating to a “buy (b)” rating in a report on Thursday, June 4th. Wall Street Zen lowered Village Super Market from a “strong-buy” rating to a “hold” rating in a research note on Saturday, June 6th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy”.

Village Super Market Trading Up 1.0%

Shares of NASDAQ:VLGEA opened at $42.62 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.88. Village Super Market, Inc. has a 1 year low of $30.08 and a 1 year high of $48.21. The company has a market cap of $631.20 million, a P/E ratio of 11.58 and a beta of 0.45. The stock’s fifty day moving average price is $42.86 and its 200-day moving average price is $40.99.

Village Super Market (NASDAQ:VLGEA) last released its quarterly earnings data on Wednesday, June 3rd. The company reported $0.61 EPS for the quarter. Village Super Market had a return on equity of 10.80% and a net margin of 2.27%.The company had revenue of $572.59 million during the quarter.

Village Super Market Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Thursday, July 2nd were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Thursday, July 2nd. Village Super Market’s dividend payout ratio (DPR) is 27.17%.

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.