American Century Companies Inc. Has $11.35 Million Stock Holdings in Village Super Market, Inc. $VLGEA

Key Points

• American Century Companies Inc. increased its stake in Village Super Market, Inc. by 13.1%, holding approximately 2.03% of the company, valued at $11.35 million.
• Village Super Market recently announced a quarterly dividend of $0.25 per share, representing an annual yield of 2.8%.
• Analyst ratings for Village Super Market were downgraded from a "strong-buy" to a "buy" by Wall Street Zen on August 9th.

American Century Companies Inc. boosted its stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) by 13.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 298,665 shares of the company's stock after acquiring an additional 34,578 shares during the quarter. American Century Companies Inc. owned 2.03% of Village Super Market worth $11,352,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in shares of Village Super Market by 231.2% during the fourth quarter. JPMorgan Chase & Co. now owns 23,680 shares of the company's stock worth $755,000 after purchasing an additional 16,531 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Village Super Market by 21.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,409 shares of the company's stock worth $204,000 after purchasing an additional 1,112 shares during the last quarter. Barclays PLC grew its holdings in shares of Village Super Market by 14.5% during the fourth quarter. Barclays PLC now owns 13,097 shares of the company's stock worth $417,000 after purchasing an additional 1,663 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Village Super Market during the fourth quarter worth $304,000. Finally, Northern Trust Corp increased its stake in shares of Village Super Market by 4.6% in the 4th quarter. Northern Trust Corp now owns 77,394 shares of the company's stock valued at $2,468,000 after buying an additional 3,421 shares during the period. Institutional investors and hedge funds own 39.02% of the company's stock.

Village Super Market Stock Performance

Village Super Market stock traded up $0.13 during mid-day trading on Friday, hitting $36.28. 44,154 shares of the company's stock traded hands, compared to its average volume of 34,248. The firm has a 50 day simple moving average of $36.51 and a two-hundred day simple moving average of $35.88. Village Super Market, Inc. has a fifty-two week low of $28.33 and a fifty-two week high of $40.15. The stock has a market cap of $535.49 million, a price-to-earnings ratio of 9.57 and a beta of 0.53. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.06 and a quick ratio of 0.78.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last announced its quarterly 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 business had revenue of $563.67 million during the quarter.

Village Super Market Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Thursday, July 3rd were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, July 3rd. Village Super Market's dividend payout ratio is currently 26.39%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut Village Super Market from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th.

About Village Super Market

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.