Village Super Market (NASDAQ:VLGEA) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Thursday, February 8th.
Village Super Market (NASDAQ:VLGEA) opened at $24.25 on Thursday. The stock has a market cap of $338.29, a PE ratio of 15.95 and a beta of 0.39. Village Super Market has a 52-week low of $21.95 and a 52-week high of $31.34. The company has a current ratio of 1.69, a quick ratio of 1.22 and a debt-to-equity ratio of 0.15.
Village Super Market (NASDAQ:VLGEA) last issued its quarterly earnings results on Tuesday, December 5th. The company reported $0.21 EPS for the quarter. The business had revenue of $386.47 million during the quarter. Village Super Market had a net margin of 1.36% and a return on equity of 7.55%.
In other Village Super Market news, EVP John Sumas sold 7,000 shares of the business’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $23.83, for a total transaction of $166,810.00. Following the completion of the sale, the executive vice president now owns 118,805 shares in the company, valued at $2,831,123.15. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last quarter, insiders have sold 16,800 shares of company stock valued at $394,518. 40.18% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in VLGEA. SG Americas Securities LLC acquired a new stake in Village Super Market in the 3rd quarter valued at about $117,000. Tower Research Capital LLC TRC increased its holdings in shares of Village Super Market by 308.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,559 shares of the company’s stock valued at $150,000 after purchasing an additional 4,953 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Village Super Market by 23.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,332 shares of the company’s stock valued at $191,000 after purchasing an additional 1,398 shares during the period. Citigroup Inc. increased its holdings in shares of Village Super Market by 696.8% in the 2nd quarter. Citigroup Inc. now owns 7,578 shares of the company’s stock valued at $196,000 after purchasing an additional 6,627 shares during the period. Finally, Janus Henderson Group PLC acquired a new position in shares of Village Super Market in the 3rd quarter valued at about $250,000. Hedge funds and other institutional investors own 43.52% of the company’s stock.
TRADEMARK VIOLATION NOTICE: “Village Super Market (VLGEA) Upgraded at BidaskClub” was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://www.dispatchtribunal.com/2018/02/15/village-super-market-vlgea-stock-rating-upgraded-by-bidaskclub.html.
About Village Super Market
Village Super Market, Inc (Village) is engaged in retail sale of food and nonfood products. As of July 30, 2016, the Company operated a chain of 29 ShopRite supermarkets, 18 of which are located in northern New Jersey, eight in southern New Jersey, two in Maryland and one in northeastern Pennsylvania.
Receive News & Ratings for Village Super Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Village Super Market and related companies with MarketBeat.com's FREE daily email newsletter.