Informed Momentum Co LLC Acquires New Holdings in Village Super Market, Inc. (NASDAQ:VLGEA)

Key Points

• Informed Momentum Co LLC acquired a new position in Village Super Market, purchasing 24,443 shares valued at approximately $929,000, constituting about 0.17% of the company.
• Other significant investors, including Allspring Global Investments, have also increased their stakes in Village Super Market, reflecting growing institutional interest in the stock.
• Village Super Market recently reported $0.78 earnings per share and announced a quarterly dividend of $0.25, yielding an annualized yield of 2.8%.

Informed Momentum Co LLC acquired a new stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,443 shares of the company's stock, valued at approximately $929,000. Informed Momentum Co LLC owned 0.17% of Village Super Market as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the company. Axecap Investments LLC acquired a new stake in shares of Village Super Market in the first quarter worth $2,387,000. Charles Schwab Investment Management Inc. increased its position in shares of Village Super Market by 169.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 64,540 shares of the company's stock worth $2,453,000 after acquiring an additional 40,609 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Village Super Market in the first quarter worth $1,056,000. Allspring Global Investments Holdings LLC increased its position in shares of Village Super Market by 111.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 49,642 shares of the company's stock worth $1,887,000 after acquiring an additional 26,164 shares in the last quarter. Finally, Systematic Financial Management LP increased its position in shares of Village Super Market by 5.0% in the fourth quarter. Systematic Financial Management LP now owns 460,034 shares of the company's stock worth $14,671,000 after acquiring an additional 22,081 shares in the last quarter. Hedge funds and other institutional investors own 39.02% of the company's stock.

Village Super Market Stock Down 0.5%

VLGEA traded down $0.18 during trading hours on Friday, reaching $35.24. 35,852 shares of the stock traded hands, compared to its average volume of 39,041. The firm's fifty day simple moving average is $36.72 and its two-hundred day simple moving average is $35.75. The company has a market cap of $520.14 million, a price-to-earnings ratio of 9.30 and a beta of 0.51. Village Super Market, Inc. has a fifty-two week low of $28.22 and a fifty-two week high of $40.15. 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 released its quarterly earnings results on Tuesday, June 3rd. The company reported $0.78 earnings per share for the quarter. The business had revenue of $563.67 million during the quarter. Village Super Market had a net margin of 2.45% and a return on equity of 12.55%.

Village Super Market Announces Dividend

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

Analyst Upgrades and Downgrades

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

Village Super Market Profile

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.