Robert Sumas Sells 400 Shares of Village Super Market, Inc. (NASDAQ:VLGEA) Stock

Village Super Market, Inc. (NASDAQ:VLGEA) major shareholder Robert Sumas sold 400 shares of Village Super Market stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of $35.95, for a total value of $14,380.00. Following the completion of the transaction, the insider now owns 92,131 shares of the company’s stock, valued at approximately $3,312,109.45. The trade was a 0.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Robert Sumas also recently made the following trade(s):

• On Tuesday, April 8th, Robert Sumas sold 943 shares of Village Super Market stock. The stock was sold at an average price of $36.21, for a total value of $34,146.03.

Village Super Market Trading Down 1.6 %

NASDAQ:VLGEA opened at $35.05 on Wednesday. The firm has a market capitalization of $516.88 million, a P/E ratio of 10.10 and a beta of 0.42. The business has a 50 day simple moving average of $34.20 and a 200 day simple moving average of $32.57. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.13 and a quick ratio of 0.86. Village Super Market, Inc. has a 12-month low of $24.57 and a 12-month high of $38.70.

Village Super Market (NASDAQ:VLGEA) last announced its quarterly earnings results on Tuesday, March 4th. The company reported $1.14 earnings per share (EPS) for the quarter. The company had revenue of $599.65 million during the quarter. Village Super Market had a net margin of 2.29% and a return on equity of 12.15%.

Village Super Market Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend is Thursday, April 3rd. Village Super Market’s dividend payout ratio (DPR) is 27.47%.

Institutional Investors Weigh In On Village Super Market

Several large investors have recently made changes to their positions in the company. Systematic Financial Management LP boosted its position in shares of Village Super Market by 5.0% during the fourth quarter. Systematic Financial Management LP now owns 460,034 shares of the company’s stock worth $14,671,000 after buying an additional 22,081 shares during the period. Money Concepts Capital Corp boosted its position in Village Super Market by 2.1% during the 4th quarter. Money Concepts Capital Corp now owns 317,716 shares of the company’s stock worth $10,132,000 after acquiring an additional 6,507 shares during the period. American Century Companies Inc. boosted its position in Village Super Market by 17.7% during the 4th quarter. American Century Companies Inc. now owns 264,087 shares of the company’s stock worth $8,422,000 after acquiring an additional 39,694 shares during the period. State Street Corp grew its stake in shares of Village Super Market by 1.1% in the third quarter. State Street Corp now owns 200,112 shares of the company’s stock worth $6,362,000 after purchasing an additional 2,139 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Village Super Market by 1.7% during the third quarter. Geode Capital Management LLC now owns 177,468 shares of the company’s stock valued at $5,642,000 after purchasing an additional 2,994 shares during the period. Institutional investors and hedge funds own 39.02% of the company’s stock.

Village Super Market Company Profile

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.