Village Super Market, Inc. $VLGEA Shares Bought by Money Concepts Capital Corp

Money Concepts Capital Corp boosted its stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA) by 5.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 391,214 shares of the company’s stock after buying an additional 21,150 shares during the quarter. Village Super Market accounts for about 0.9% of Money Concepts Capital Corp’s holdings, making the stock its 19th biggest holding. Money Concepts Capital Corp owned approximately 2.65% of Village Super Market worth $16,521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in VLGEA. Franklin Resources Inc. raised its stake in shares of Village Super Market by 4.7% in the 3rd quarter. Franklin Resources Inc. now owns 7,192 shares of the company’s stock valued at $269,000 after acquiring an additional 324 shares during the period. CANADA LIFE ASSURANCE Co boosted its position in shares of Village Super Market by 60.6% during the 4th 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. Janney Montgomery Scott LLC increased its holdings in Village Super Market by 2.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 17,677 shares of the company’s stock valued at $747,000 after purchasing an additional 453 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in Village Super Market by 121.9% in the 4th quarter. Farther Finance Advisors LLC now owns 932 shares of the company’s stock valued at $33,000 after purchasing an additional 512 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in Village Super Market by 6.6% in the second quarter. Russell Investments Group Ltd. now owns 8,896 shares of the company’s stock valued at $342,000 after purchasing an additional 547 shares during the period. 39.02% of the stock is currently owned by institutional investors and hedge funds.

Village Super Market Trading Down 0.2%

Shares of NASDAQ:VLGEA opened at $42.42 on Friday. Village Super Market, Inc. has a 52 week low of $30.08 and a 52 week high of $48.21. The company’s 50 day moving average is $43.00 and its two-hundred day moving average is $40.44. The company has a market cap of $628.24 million, a PE ratio of 11.53 and a beta of 0.45. The company has a current ratio of 1.17, a quick ratio of 0.88 and a debt-to-equity ratio of 0.13.

Village Super Market (NASDAQ:VLGEA) last released 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 during the quarter. Village Super Market had a net margin of 2.27% and a return on equity of 10.80%.

Village Super Market Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 23rd. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, July 2nd. Village Super Market’s payout ratio is 27.17%.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other news, EVP John Sumas sold 12,703 shares of the 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 transaction, the executive vice president owned 102,938 shares in the company, valued at approximately $4,251,339.40. This represents a 10.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 59.12% of the company’s stock.

Village Super Market 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.