Village Super Market, Inc. $VLGEA Shares Acquired by Royce & Associates LP

Royce & Associates LP grew its stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA) by 12.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 159,011 shares of the company’s stock after purchasing an additional 17,338 shares during the period. Royce & Associates LP owned about 1.08% of Village Super Market worth $5,941,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Ameritas Investment Partners Inc. lifted its stake in Village Super Market by 45.9% during the second quarter. Ameritas Investment Partners Inc. now owns 934 shares of the company’s stock valued at $36,000 after buying an additional 294 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Village Super Market by 5.6% in the second quarter. Franklin Resources Inc. now owns 6,868 shares of the company’s stock worth $264,000 after acquiring an additional 366 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Village Super Market by 6.6% during the second quarter. Russell Investments Group Ltd. now owns 8,896 shares of the company’s stock valued at $342,000 after acquiring an additional 547 shares during the period. Axecap Investments LLC raised its holdings in shares of Village Super Market by 1.1% during the third quarter. Axecap Investments LLC now owns 56,682 shares of the company’s stock valued at $2,118,000 after acquiring an additional 589 shares during the period. Finally, Rhumbline Advisers lifted its position in shares of Village Super Market by 4.8% in the 2nd quarter. Rhumbline Advisers now owns 14,535 shares of the company’s stock valued at $560,000 after acquiring an additional 671 shares in the last quarter. Institutional investors and hedge funds own 39.02% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Village Super Market in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.

Village Super Market Price Performance

Shares of NASDAQ:VLGEA opened at $40.90 on Thursday. 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, Inc. has a 1 year low of $30.08 and a 1 year high of $40.99. The business has a fifty day simple moving average of $36.86 and a 200 day simple moving average of $35.86. The firm has a market cap of $603.28 million, a price-to-earnings ratio of 10.91 and a beta of 0.49.

Village Super Market (NASDAQ:VLGEA) last issued its earnings results on Wednesday, March 4th. The company reported $1.21 earnings per share for the quarter. Village Super Market had a return on equity of 11.64% and a net margin of 2.37%.The company had revenue of $640.96 million for the quarter.

Village Super Market Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 22nd. Investors of record on Thursday, January 1st were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, December 31st. Village Super Market’s dividend payout ratio (DPR) is presently 26.67%.

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.