24,443 Shares in Village Super Market, Inc. (NASDAQ:VLGEA) Acquired by Informed Momentum Co LLC

Informed Momentum Co LLC purchased a new stake in Village Super Market, Inc. (NASDAQ:VLGEA) in the 1st quarter, Holdings Channel.com reports. The fund purchased 24,443 shares of the company’s stock, valued at approximately $929,000.

A number of other large investors also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in shares of Village Super Market by 231.2% in the fourth quarter. JPMorgan Chase & Co. now owns 23,680 shares of the company’s stock worth $755,000 after acquiring an additional 16,531 shares during the last quarter. Wells Fargo & Company MN increased its stake in Village Super Market by 21.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,409 shares of the company’s stock worth $204,000 after acquiring an additional 1,112 shares during the last quarter. Barclays PLC raised its holdings in shares of Village Super Market by 14.5% in the 4th quarter. Barclays PLC now owns 13,097 shares of the company’s stock worth $417,000 after purchasing an additional 1,663 shares during the period. Marshall Wace LLP purchased a new position in shares of Village Super Market in the 4th quarter worth about $304,000. Finally, Northern Trust Corp lifted its stake in shares of Village Super Market by 4.6% in the 4th quarter. Northern Trust Corp now owns 77,394 shares of the company’s stock valued at $2,468,000 after purchasing an additional 3,421 shares in the last quarter. Hedge funds and other institutional investors own 39.02% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of Village Super Market from a “strong-buy” rating to a “buy” rating in a research report on Saturday.

Village Super Market Price Performance

VLGEA opened at $35.90 on Wednesday. Village Super Market, Inc. has a 52-week low of $27.68 and a 52-week high of $40.15. The company has a 50 day moving average of $36.85 and a two-hundred day moving average of $35.72. The company has a market cap of $529.74 million, a P/E ratio of 9.47 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 1.06 and a debt-to-equity ratio of 0.15.

Village Super Market (NASDAQ:VLGEA) last announced its quarterly earnings results on Tuesday, June 3rd. The company reported $0.78 earnings per share for the quarter. Village Super Market had a net margin of 2.45% and a return on equity of 12.55%. The firm had revenue of $563.67 million during the quarter.

Village Super Market Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 24th. Investors of record on Thursday, July 3rd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, July 3rd. Village Super Market’s dividend payout ratio (DPR) is presently 26.39%.

Village Super Market Company Profile

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.