Village Super Market (VLGEA) Upgraded at BidaskClub

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.

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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.

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