Royce & Associates LP Acquires 17,338 Shares of Village Super Market, Inc. $VLGEA

Royce & Associates LP lifted its holdings in Village Super Market, Inc. (NASDAQ:VLGEA) by 12.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and 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’s holdings in Village Super Market were worth $5,941,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Empowered Funds LLC raised its holdings in Village Super Market by 7.5% during the first quarter. Empowered Funds LLC now owns 64,122 shares of the company’s stock valued at $2,437,000 after buying an additional 4,459 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Village Super Market by 8.7% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 31,820 shares of the company’s stock valued at $1,225,000 after acquiring an additional 2,559 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Village Super Market by 3.3% in the 2nd quarter. Geode Capital Management LLC now owns 188,941 shares of the company’s stock valued at $7,276,000 after acquiring an additional 5,972 shares in the last quarter. Intech Investment Management LLC bought a new position in shares of Village Super Market in the 2nd quarter valued at approximately $221,000. Finally, Franklin Resources Inc. lifted its holdings in Village Super Market by 5.6% in the 2nd quarter. Franklin Resources Inc. now owns 6,868 shares of the company’s stock worth $264,000 after purchasing an additional 366 shares during the last quarter. 39.02% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Village Super Market Stock Performance

Shares of NASDAQ VLGEA opened at $40.90 on Thursday. 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 business’s 50 day moving average is $36.86 and its two-hundred day moving average is $35.86. The company has a market cap of $603.28 million, a P/E ratio of 10.91 and a beta of 0.49. Village Super Market, Inc. has a 12 month low of $30.08 and a 12 month high of $40.99.

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

Village Super Market Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 22nd. Shareholders of record on Thursday, January 1st were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 2.4%. Village Super Market’s dividend payout ratio is 26.67%.

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.