Village Super Market (NASDAQ:VLGEA) Releases Earnings Results

Village Super Market (NASDAQ:VLGEA - Get Free Report) issued its earnings results on Tuesday. The company reported $0.78 earnings per share for the quarter, Zacks reports. The business had revenue of $563.67 million during the quarter. Village Super Market had a return on equity of 12.15% and a net margin of 2.29%.

Village Super Market Stock Performance

Village Super Market stock traded down $1.26 during mid-day trading on Wednesday, reaching $37.80. 29,775 shares of the stock traded hands, compared to its average volume of 32,170. Village Super Market has a 12-month low of $24.57 and a 12-month high of $40.15. The business's 50-day moving average is $36.54 and its 200-day moving average is $34.01. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.13 and a quick ratio of 0.86. The stock has a market capitalization of $557.44 million, a PE ratio of 10.89 and a beta of 0.49.

Village Super Market Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd were paid a $0.25 dividend. The ex-dividend date was Thursday, April 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.65%. Village Super Market's dividend payout ratio (DPR) is currently 27.47%.

Insider Transactions at Village Super Market

In other Village Super Market news, major shareholder Robert Sumas sold 943 shares of the stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of $36.21, for a total transaction of $34,146.03. Following the completion of the transaction, the insider now owns 93,988 shares of the company's stock, valued at $3,403,305.48. This represents a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kevin Begley sold 3,000 shares of the firm's stock in a transaction dated Friday, April 25th. The shares were sold at an average price of $35.19, for a total value of $105,570.00. Following the transaction, the director now owns 43,961 shares of the company's stock, valued at approximately $1,546,987.59. The trade was a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,843 shares of company stock worth $320,011 in the last quarter. Company insiders own 56.78% of the company's stock.

Hedge Funds Weigh In On Village Super Market

A hedge fund recently raised its stake in Village Super Market stock. Empowered Funds LLC boosted its stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) by 7.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 64,122 shares of the company's stock after buying an additional 4,459 shares during the period. Empowered Funds LLC owned approximately 0.43% of Village Super Market worth $2,437,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 39.02% of the company's stock.

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.