LSV Asset Management Lowers Holdings in Village Super Market, Inc. $VLGEA

LSV Asset Management reduced its stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA) by 20.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 105,071 shares of the company’s stock after selling 27,000 shares during the quarter. LSV Asset Management owned 0.71% of Village Super Market worth $3,925,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. American Century Companies Inc. grew its stake in shares of Village Super Market by 13.4% during the 2nd quarter. American Century Companies Inc. now owns 338,828 shares of the company’s stock worth $13,045,000 after purchasing an additional 40,163 shares during the period. Money Concepts Capital Corp grew its position in Village Super Market by 1.9% during the third quarter. Money Concepts Capital Corp now owns 335,548 shares of the company’s stock valued at $12,536,000 after buying an additional 6,379 shares during the period. Geode Capital Management LLC grew its position in Village Super Market by 3.3% during the second quarter. Geode Capital Management LLC now owns 188,941 shares of the company’s stock valued at $7,276,000 after buying an additional 5,972 shares during the period. Bridgeway Capital Management LLC increased its holdings in Village Super Market by 3.9% in the second quarter. Bridgeway Capital Management LLC now owns 135,482 shares of the company’s stock valued at $5,216,000 after buying an additional 5,110 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Village Super Market by 15.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 122,853 shares of the company’s stock worth $4,590,000 after acquiring an additional 16,252 shares during the period. 39.02% of the stock is owned by institutional investors and hedge funds.

Village Super Market Stock Up 2.3%

VLGEA stock opened at $39.70 on Monday. Village Super Market, Inc. has a 52 week low of $30.08 and a 52 week high of $40.15. The company has a quick ratio of 0.88, a current ratio of 1.17 and a debt-to-equity ratio of 0.13. The firm has a 50-day simple moving average of $36.26 and a 200-day simple moving average of $35.45. The stock has a market capitalization of $585.58 million, a P/E ratio of 10.59 and a beta of 0.52.

Village Super Market Announces Dividend

The company also recently declared 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 dividend yield of 2.5%. The ex-dividend date was Wednesday, December 31st. Village Super Market’s payout ratio is presently 26.67%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated 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 MarketBeat, the stock currently has an average rating of “Buy”.

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.