Allspring Global Investments Holdings LLC lifted its position in Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) by 111.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,642 shares of the company's stock after acquiring an additional 26,164 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.34% of Village Super Market worth $1,887,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of VLGEA. Wells Fargo & Company MN boosted its holdings in Village Super Market by 21.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,409 shares of the company's stock valued at $204,000 after acquiring an additional 1,112 shares during the last quarter. Abound Wealth Management purchased a new position in Village Super Market during the 1st quarter valued at about $57,000. Bank of America Corp DE grew its holdings in shares of Village Super Market by 17.1% during the fourth quarter. Bank of America Corp DE now owns 10,326 shares of the company's stock worth $329,000 after purchasing an additional 1,511 shares in the last quarter. Barclays PLC lifted its position in Village Super Market by 14.5% in the 4th quarter. Barclays PLC now owns 13,097 shares of the company's stock worth $417,000 after buying an additional 1,663 shares during the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in Village Super Market in the fourth quarter valued at approximately $78,000. 39.02% of the stock is currently owned by institutional investors and hedge funds.
Village Super Market Stock Performance
Village Super Market stock traded down $0.35 during midday trading on Friday, hitting $36.38. The stock had a trading volume of 51,231 shares, compared to its average volume of 37,306. The firm's fifty day moving average is $37.53 and its two-hundred day moving average is $35.10. 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 52-week low of $26.11 and a 52-week high of $40.15. The company has a market capitalization of $536.97 million, a PE ratio of 9.60 and a beta of 0.48.
Village Super Market (NASDAQ:VLGEA - Get Free Report) last announced its earnings results on Tuesday, June 3rd. The company reported $0.78 earnings per share (EPS) for the quarter. Village Super Market had a return on equity of 12.55% and a net margin of 2.45%. The company had revenue of $563.67 million for the quarter.
Village Super Market Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, July 24th. Stockholders of record on Thursday, July 3rd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.75%. The ex-dividend date is Thursday, July 3rd. Village Super Market's dividend payout ratio (DPR) is 26.39%.
Insider Buying and Selling at Village Super Market
In other Village Super Market news, major shareholder Robert Sumas sold 1,500 shares of the firm's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $35.81, for a total value of $53,715.00. Following the transaction, the insider owned 87,931 shares of the company's stock, valued at $3,148,809.11. This trade represents a 1.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kevin Begley sold 3,000 shares of Village Super Market stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $35.19, for a total transaction of $105,570.00. Following the completion of the transaction, the director owned 43,961 shares in the company, valued at approximately $1,546,987.59. This trade represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders own 56.78% of the company's stock.
Village Super Market Company Profile
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Free Report)
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.
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