Village Super Market, Inc. (VLGEA) To Go Ex-Dividend on July 2nd

Village Super Market, Inc. (NASDAQ:VLGEA) announced a quarterly dividend on Friday, June 12th. Shareholders of record on Thursday, July 2nd will be paid a dividend of 0.25 per share on Thursday, July 23rd. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, July 2nd.

Village Super Market Stock Performance

NASDAQ VLGEA opened at $42.21 on Tuesday. Village Super Market has a fifty-two week low of $30.08 and a fifty-two week high of $48.21. The stock has a market cap of $625.13 million, a price-to-earnings ratio of 11.47 and a beta of 0.43. The business has a fifty day moving average of $43.04 and a 200-day moving average of $40.18. The company has a quick ratio of 0.88, a current ratio of 1.17 and a debt-to-equity ratio of 0.13.

Village Super Market (NASDAQ:VLGEA) last issued its quarterly earnings data on Wednesday, June 3rd. The company reported $0.61 earnings per share (EPS) for the quarter. The business had revenue of $572.59 million for the quarter. Village Super Market had a return on equity of 10.80% and a net margin of 2.27%.

Insider Activity at Village Super Market

In related news, CFO Orden John L. Van sold 8,000 shares of the stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $43.88, for a total transaction of $351,040.00. Following the transaction, the chief financial officer directly owned 32,023 shares in the company, valued at approximately $1,405,169.24. This represents a 19.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP John Sumas sold 12,703 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $41.30, for a total value of $524,633.90. Following the completion of the sale, the executive vice president directly owned 102,938 shares in the company, valued at approximately $4,251,339.40. The trade was a 10.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 33,405 shares of company stock worth $1,423,892. 59.12% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Village Super Market

Several hedge funds have recently modified their holdings of VLGEA. Bulldog Investors LLP raised its stake in Village Super Market by 184.5% during the third quarter. Bulldog Investors LLP now owns 151,510 shares of the company’s stock worth $5,660,000 after purchasing an additional 98,253 shares during the period. Aegis Financial Corp acquired a new position in shares of Village Super Market in the 4th quarter valued at $1,973,000. Charles Schwab Investment Management Inc. grew its stake in shares of Village Super Market by 29.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 174,492 shares of the company’s stock valued at $6,176,000 after buying an additional 39,244 shares during the period. Vanguard Group Inc. grew its stake in shares of Village Super Market by 8.2% during the 3rd quarter. Vanguard Group Inc. now owns 502,457 shares of the company’s stock valued at $18,772,000 after buying an additional 38,108 shares during the period. Finally, Money Concepts Capital Corp grew its stake in shares of Village Super Market by 10.3% during the 4th quarter. Money Concepts Capital Corp now owns 370,064 shares of the company’s stock valued at $13,098,000 after buying an additional 34,516 shares during the period. 39.02% of the stock is owned by institutional investors and hedge funds.

Village Super Market Company Profile

Village Super Market, Inc is a publicly traded supermarket operator headquartered in Springfield, New Jersey. The company operates a network of ShopRite-branded grocery stores under a membership agreement with Wakefern Food Corp., one of the largest retailer-owned cooperatives in the United States. Through its ShopRite banner, Village Super Market serves communities across northern and central New Jersey, offering a full range of grocery products from fresh produce, meat, seafood and bakery items to dairy, deli and health and beauty merchandise.

The company’s supermarkets feature an array of in-store services designed to meet diverse customer needs.