Village Super Market, Inc. (NASDAQ:VLGEA) Shares Sold by Royce & Associates LP

Key Points

• Royce & Associates LP has reduced its stake in Village Super Market by 33.0%, now holding 153,416 shares worth approximately $5.83 million.
• Village Super Market declared a quarterly dividend of $0.25 per share, representing an annualized yield of 2.78% and a dividend payout ratio of 26.39%.
• The company's stock had a market capitalization of $530.47 million with a PE ratio of 9.48 and has experienced a price range from $26.37 to $40.15 over the last 12 months.

Royce & Associates LP decreased its position in shares of Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) by 33.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 153,416 shares of the company's stock after selling 75,481 shares during the period. Royce & Associates LP owned about 1.04% of Village Super Market worth $5,831,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its position in Village Super Market by 111.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 49,642 shares of the company's stock valued at $1,887,000 after purchasing an additional 26,164 shares in the last quarter. Ritholtz Wealth Management acquired a new stake in Village Super Market in the 1st quarter valued at about $206,000. North Star Investment Management Corp. increased its holdings in shares of Village Super Market by 31.6% in the 1st quarter. North Star Investment Management Corp. now owns 50,000 shares of the company's stock valued at $1,900,000 after acquiring an additional 12,000 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Village Super Market by 231.2% in the 4th quarter. JPMorgan Chase & Co. now owns 23,680 shares of the company's stock valued at $755,000 after acquiring an additional 16,531 shares during the last quarter. Finally, Kingsview Wealth Management LLC purchased a new position in shares of Village Super Market in the 1st quarter valued at about $357,000. Institutional investors and hedge funds own 39.02% of the company's stock.

Village Super Market Stock Down 0.2%

Shares of VLGEA traded down $0.06 during mid-day trading on Wednesday, reaching $34.71. The company's stock had a trading volume of 6,666 shares, compared to its average volume of 46,489. Village Super Market, Inc. has a 12-month low of $26.37 and a 12-month high of $40.15. The stock has a market cap of $512.25 million, a PE ratio of 9.16 and a beta of 0.48. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.06 and a quick ratio of 0.78. The company's 50 day moving average is $37.47 and its 200 day moving average is $35.56.

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

Village Super Market Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Investors of record on Thursday, July 3rd were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, July 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 2.88%. Village Super Market's dividend payout ratio is presently 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.