Renaissance Technologies LLC decreased its position in Village Super Market, Inc. (NASDAQ:VLGEA – Free Report) by 4.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 464,084 shares of the company’s stock after selling 21,900 shares during the period. Renaissance Technologies LLC’s holdings in Village Super Market were worth $19,598,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently made changes to their positions in VLGEA. Farther Finance Advisors LLC boosted its stake in Village Super Market by 121.9% in the 4th quarter. Farther Finance Advisors LLC now owns 932 shares of the company’s stock valued at $33,000 after purchasing an additional 512 shares during the period. CANADA LIFE ASSURANCE Co increased its position in Village Super Market by 60.6% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,195 shares of the company’s stock worth $42,000 after buying an additional 451 shares during the period. State of Alaska Department of Revenue increased its position in Village Super Market by 319.0% during the 4th quarter. State of Alaska Department of Revenue now owns 1,760 shares of the company’s stock worth $61,000 after buying an additional 1,340 shares during the period. Morton Brown Family Wealth LLC acquired a new stake in shares of Village Super Market during the first quarter worth $77,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Village Super Market during the fourth quarter worth $115,000. Institutional investors own 39.02% of the company’s stock.
Analyst Upgrades and Downgrades
VLGEA has been the topic of several research reports. Weiss Ratings downgraded shares of Village Super Market from a “buy (a-)” rating to a “buy (b)” rating in a research note on Thursday, June 4th. Wall Street Zen cut shares of Village Super Market from a “strong-buy” rating to a “hold” rating in a research note on Saturday, June 6th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Village Super Market currently has an average rating of “Buy”.
Village Super Market Price Performance
Village Super Market stock opened at $43.98 on Friday. The firm has a market cap of $651.34 million, a PE ratio of 11.95 and a beta of 0.45. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.88. The stock’s fifty day moving average price is $42.64 and its two-hundred day moving average price is $41.30. Village Super Market, Inc. has a one year low of $30.08 and a one year high of $48.21.
Village Super Market (NASDAQ:VLGEA – Get Free Report) last released its earnings results on Wednesday, June 3rd. The company reported $0.61 earnings per share for the quarter. The firm had revenue of $572.59 million during the quarter. Village Super Market had a return on equity of 10.80% and a net margin of 2.27%.
Village Super Market Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Thursday, July 2nd were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $1.00 annualized dividend and a yield of 2.3%. Village Super Market’s dividend payout ratio is currently 27.17%.
Village Super Market Company Profile
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.
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