LSV Asset Management Reduces Position in Village Super Market, Inc. $VLGEA

LSV Asset Management reduced its position 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 fund owned 105,071 shares of the company’s stock after selling 27,000 shares during the period. LSV Asset Management’s holdings in Village Super Market were worth $3,925,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. New York State Teachers Retirement System purchased a new stake in Village Super Market in the 2nd quarter valued at about $30,000. Ameritas Investment Partners Inc. increased its position in shares of 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 acquiring an additional 294 shares during the last quarter. CWM LLC raised its stake in shares of Village Super Market by 41.5% in the 2nd quarter. CWM LLC now owns 1,586 shares of the company’s stock valued at $61,000 after acquiring an additional 465 shares during the period. State of Wyoming acquired a new position in shares of Village Super Market in the 3rd quarter worth approximately $64,000. Finally, Morgan Dempsey Capital Management LLC boosted its position in shares of Village Super Market by 41.8% during the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 3,713 shares of the company’s stock worth $143,000 after purchasing an additional 1,095 shares during the period. Institutional investors and hedge funds own 39.02% of the company’s stock.

Village Super Market Stock Performance

NASDAQ:VLGEA opened at $39.70 on Monday. The company has a fifty day simple moving average of $36.26 and a two-hundred day simple moving average of $35.45. The company has a market cap of $585.58 million, a price-to-earnings ratio of 10.59 and a beta of 0.52. 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, Inc. has a 52 week low of $30.08 and a 52 week high of $40.15.

Village Super Market Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 22nd. Investors of record on Thursday, January 1st were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, December 31st. Village Super Market’s payout ratio is presently 26.67%.

Wall Street Analysts Forecast Growth

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

Village Super Market Company 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.