Gabelli Funds LLC Decreases Holdings in Village Super Market, Inc. $VLGEA

Key Points

• Gabelli Funds LLC reduced its stake in Village Super Market, Inc. by 11.3% during the first quarter, now holding approximately 80,600 shares valued at about $3 million.
• Village Super Market's recent quarterly earnings showed an EPS of $0.78 and a revenue of $563.67 million, with a net margin of 2.45%.
• The company announced a quarterly dividend of $0.25 per share, representing an annualized dividend yield of 2.8%.

Gabelli Funds LLC reduced its position in Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) by 11.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 80,600 shares of the company's stock after selling 10,300 shares during the quarter. Gabelli Funds LLC owned 0.55% of Village Super Market worth $3,064,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Systematic Financial Management LP raised its holdings 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 buying an additional 22,081 shares during the period. Money Concepts Capital Corp increased its stake in Village Super Market by 1.6% in the first quarter. Money Concepts Capital Corp now owns 322,838 shares of the company's stock worth $12,271,000 after purchasing an additional 5,122 shares during the period. American Century Companies Inc. lifted its position in shares of Village Super Market by 13.1% during the first quarter. American Century Companies Inc. now owns 298,665 shares of the company's stock worth $11,352,000 after purchasing an additional 34,578 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Village Super Market by 4.6% during the fourth quarter. Northern Trust Corp now owns 77,394 shares of the company's stock valued at $2,468,000 after purchasing an additional 3,421 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings 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 purchasing an additional 40,609 shares during the last quarter. Hedge funds and other institutional investors own 39.02% of the company's stock.

Village Super Market Stock Up 0.7%

Shares of NASDAQ:VLGEA traded up $0.26 during trading hours on Wednesday, hitting $36.85. The company's stock had a trading volume of 24,424 shares, compared to its average volume of 45,324. The firm's fifty day moving average price is $36.41 and its 200 day moving average price is $35.91. Village Super Market, Inc. has a 52 week low of $28.33 and a 52 week high of $40.15. The company has a market capitalization of $543.77 million, a price-to-earnings ratio of 9.76 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 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Stockholders 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 dividend yield of 2.7%. Village Super Market's dividend payout ratio (DPR) is currently 26.39%.

Analyst Ratings Changes

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.

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.