Sei Investments Co. Buys 13,994 Shares of Village Super Market, Inc. $VLGEA

Sei Investments Co. grew its stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA) by 96.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,526 shares of the company’s stock after buying an additional 13,994 shares during the period. Sei Investments Co. owned 0.19% of Village Super Market worth $1,205,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VLGEA. Farther Finance Advisors LLC raised its stake in Village Super Market by 121.9% during the 4th quarter. Farther Finance Advisors LLC now owns 932 shares of the company’s stock worth $33,000 after acquiring an additional 512 shares during the period. CANADA LIFE ASSURANCE Co boosted its position in shares of Village Super Market by 60.6% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,195 shares of the company’s stock worth $42,000 after purchasing an additional 451 shares during the period. State of Alaska Department of Revenue increased its stake in shares of Village Super Market by 319.0% in the fourth quarter. State of Alaska Department of Revenue now owns 1,760 shares of the company’s stock worth $61,000 after purchasing an additional 1,340 shares in the last quarter. Morton Brown Family Wealth LLC bought a new stake in shares of Village Super Market during the 1st quarter valued at $77,000. Finally, SG Americas Securities LLC purchased a new position in shares of Village Super Market during the 4th quarter valued at $115,000. 39.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VLGEA has been the subject of a number of analyst reports. Weiss Ratings lowered Village Super Market from a “buy (a-)” rating to a “buy (b)” rating in a research note on Thursday, June 4th. Wall Street Zen lowered Village Super Market from a “strong-buy” rating to a “hold” rating in a research note on Saturday, June 6th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Village Super Market presently has an average rating of “Buy”.

Village Super Market Stock Up 0.3%

VLGEA opened at $41.72 on Wednesday. The firm has a 50-day simple moving average of $42.29 and a two-hundred day simple moving average of $41.74. Village Super Market, Inc. has a 52 week low of $30.08 and a 52 week high of $48.21. The company has a market capitalization of $617.87 million, a PE ratio of 11.34 and a beta of 0.45. 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 earnings results on Wednesday, June 3rd. The company reported $0.61 earnings per share (EPS) for the quarter. Village Super Market had a return on equity of 10.80% and a net margin of 2.27%.The firm had revenue of $572.59 million for the quarter.

Village Super Market Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Thursday, July 2nd were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Thursday, July 2nd. Village Super Market’s dividend payout ratio is currently 27.17%.

About Village Super Market

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.