Gabelli Funds LLC Has $2.90 Million Stock Holdings in Village Super Market, Inc. (NASDAQ:VLGEA)

Gabelli Funds LLC decreased its position in Village Super Market, Inc. (NASDAQ:VLGEA) by 0.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,900 shares of the company’s stock after selling 400 shares during the quarter. Gabelli Funds LLC’s holdings in Village Super Market were worth $2,899,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in shares of Village Super Market in the third quarter valued at $54,000. SBI Securities Co. Ltd. bought a new stake in shares of Village Super Market during the fourth quarter worth approximately $78,000. SG Americas Securities LLC acquired a new position in Village Super Market in the 4th quarter valued at $118,000. Wells Fargo & Company MN grew its stake in shares of Village Super Market by 21.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,409 shares of the company’s stock valued at $204,000 after acquiring an additional 1,112 shares in the last quarter. Finally, Barclays PLC increased its holdings in shares of Village Super Market by 262.3% during the third quarter. Barclays PLC now owns 11,434 shares of the company’s stock worth $363,000 after purchasing an additional 8,278 shares during the period. Institutional investors own 39.02% of the company’s stock.

Insiders Place Their Bets

In other Village Super Market news, Director Kevin Begley sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of $37.40, for a total transaction of $112,200.00. Following the completion of the transaction, the director now owns 48,961 shares in the company, valued at approximately $1,831,141.40. This trade represents a 5.77 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Robert Sumas sold 1,500 shares of the stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $35.81, for a total value of $53,715.00. Following the sale, the insider now owns 87,931 shares of the company’s stock, valued at approximately $3,148,809.11. The trade was a 1.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,843 shares of company stock valued at $214,441 in the last 90 days. Corporate insiders own 56.78% of the company’s stock.

Village Super Market Price Performance

Shares of NASDAQ VLGEA opened at $34.78 on Friday. Village Super Market, Inc. has a fifty-two week low of $24.57 and a fifty-two week high of $38.70. The business has a fifty day moving average price of $34.24 and a two-hundred day moving average price of $32.64. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.13 and a quick ratio of 0.86. The stock has a market capitalization of $512.90 million, a PE ratio of 10.02 and a beta of 0.42.

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

Village Super Market Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be paid a dividend of $0.25 per share. The ex-dividend date is Thursday, April 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.88%. Village Super Market’s payout ratio is presently 27.47%.

About Village Super Market

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.