Bridgeway Capital Management LLC Lowers Stake in Village Super Market, Inc. $VLGEA

Key Points

• Bridgeway Capital Management LLC has reduced its stake in Village Super Market, Inc. by 11.0%, selling 16,041 shares in the first quarter, leaving it with 130,372 shares valued at approximately $4.95 million.
• Village Super Market's stock opened at $37.37, with a market cap of $551.58 million and a P/E ratio of 9.86, while recently declaring a quarterly dividend of $0.25 with a yield of 2.7%.
• Wall Street Zen downgraded Village Super Market's rating from "strong-buy" to "buy" as of August 9th, indicating a shift in investment sentiment for the stock.

Bridgeway Capital Management LLC lowered its position in shares of Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) by 11.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 130,372 shares of the company's stock after selling 16,041 shares during the quarter. Bridgeway Capital Management LLC owned 0.88% of Village Super Market worth $4,955,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Abound Wealth Management purchased a new position in Village Super Market during the first quarter valued at approximately $57,000. GAMMA Investing LLC lifted its holdings in Village Super Market by 8,860.7% during the first quarter. GAMMA Investing LLC now owns 2,509 shares of the company's stock valued at $95,000 after purchasing an additional 2,481 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of Village Super Market by 239.9% during the fourth quarter. BNP Paribas Financial Markets now owns 5,945 shares of the company's stock valued at $190,000 after buying an additional 4,196 shares during the last quarter. Deutsche Bank AG raised its position in shares of Village Super Market by 129.2% during the fourth quarter. Deutsche Bank AG now owns 6,270 shares of the company's stock valued at $200,000 after buying an additional 3,534 shares during the last quarter. Finally, Trexquant Investment LP bought a new stake in shares of Village Super Market during the first quarter valued at approximately $202,000. Hedge funds and other institutional investors own 39.02% of the company's stock.

Analyst Ratings Changes

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

Village Super Market Trading Up 0.7%

Village Super Market stock opened at $37.37 on Friday. The stock has a market cap of $551.58 million, a P/E ratio of 9.86 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, Inc. has a 1 year low of $28.33 and a 1 year high of $40.15. The firm's 50 day moving average price is $36.36 and its 200-day moving average price is $35.94.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last released its quarterly earnings data on Tuesday, June 3rd. The company reported $0.78 earnings per share (EPS) for the quarter. Village Super Market had a net margin of 2.45% and a return on equity of 12.55%. The firm had revenue of $563.67 million for the quarter.

Village Super Market Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Investors of record on Thursday, July 3rd were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.7%. The ex-dividend date was Thursday, July 3rd. Village Super Market's payout ratio is currently 26.39%.

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.

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