Village Super Market (NASDAQ:VLGEA) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday, March 14th.
NASDAQ VLGEA traded up $0.49 during trading on Wednesday, hitting $27.09. The stock had a trading volume of 37,009 shares, compared to its average volume of 28,910. The stock has a market capitalization of $382.19, a price-to-earnings ratio of 13.85 and a beta of 0.25. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.18 and a current ratio of 1.61. Village Super Market has a 12 month low of $21.95 and a 12 month high of $27.49.
Village Super Market (NASDAQ:VLGEA) last released its earnings results on Wednesday, March 7th. The company reported $0.85 EPS for the quarter. The firm had revenue of $417.38 million for the quarter. Village Super Market had a return on equity of 9.63% and a net margin of 1.58%.
In related news, EVP John Sumas sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $23.83, for a total transaction of $166,810.00. Following the transaction, the executive vice president now directly owns 118,805 shares of the company’s stock, valued at approximately $2,831,123.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Orden John L. Van sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, March 29th. The stock was sold at an average price of $26.25, for a total value of $39,375.00. Following the transaction, the chief financial officer now directly owns 18,138 shares in the company, valued at $476,122.50. The disclosure for this sale can be found here. Insiders have sold a total of 9,100 shares of company stock worth $222,085 in the last ninety days. Insiders own 40.12% of the company’s stock.
Several hedge funds have recently bought and sold shares of VLGEA. SG Americas Securities LLC acquired a new position in shares of Village Super Market during the 3rd quarter worth approximately $117,000. Tower Research Capital LLC TRC grew its holdings in 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 buying an additional 4,953 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in 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 buying an additional 1,398 shares in the last quarter. Janus Henderson Group PLC acquired a new position in Village Super Market in the 3rd quarter valued at $250,000. Finally, Guggenheim Capital LLC acquired a new position in Village Super Market in the 4th quarter valued at $290,000. 43.75% of the stock is currently owned by institutional investors and hedge funds.
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About Village Super Market
Village Super Market, Inc operates a chain of supermarkets in the United States. Its stores feature specialty departments, such as an on-site bakery, an expanded delicatessen, various natural and organic foods, ethnic and international foods, prepared foods, and pharmacies. The company operates a chain of 29 ShopRite supermarkets, including 18 located in northern New Jersey, 8 located in southern New Jersey, 2 located in Maryland, and 1 located in northeastern Pennsylvania.
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