Village Super Market, Inc. $VLGEA Stock Position Lessened by Renaissance Technologies LLC

Renaissance Technologies LLC trimmed its holdings in shares of Village Super Market, Inc. (NASDAQ:VLGEA) by 4.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 464,084 shares of the company’s stock after selling 21,900 shares during the period. Renaissance Technologies LLC owned approximately 3.15% of Village Super Market worth $19,598,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Money Concepts Capital Corp boosted its position in Village Super Market by 10.3% during the fourth quarter. Money Concepts Capital Corp now owns 370,064 shares of the company’s stock valued at $13,098,000 after purchasing an additional 34,516 shares during the last quarter. Aegis Financial Corp bought a new stake in shares of Village Super Market during the 4th quarter worth approximately $1,973,000. First Trust Advisors LP raised its stake in shares of Village Super Market by 38.7% during the 3rd quarter. First Trust Advisors LP now owns 29,007 shares of the company’s stock worth $1,084,000 after purchasing an additional 8,090 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Village Super Market by 8.2% in the 3rd quarter. Vanguard Group Inc. now owns 502,457 shares of the company’s stock valued at $18,772,000 after buying an additional 38,108 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Village Super Market by 23.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,055 shares of the company’s stock valued at $600,000 after buying an additional 3,094 shares during the last quarter. 39.02% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Village Super Market from a “strong-buy” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings cut shares of Village Super Market from a “buy (a-)” rating to a “buy (b)” rating in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Village Super Market Stock Performance

Shares of NASDAQ VLGEA opened at $43.98 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.88 and a debt-to-equity ratio of 0.13. Village Super Market, Inc. has a 12 month low of $30.08 and a 12 month high of $48.21. The stock has a 50 day moving average of $42.64 and a 200-day moving average of $41.30. The company has a market capitalization of $651.34 million, a P/E ratio of 11.95 and a beta of 0.45.

Village Super Market (NASDAQ:VLGEA) last posted its earnings results on Wednesday, June 3rd. The company reported $0.61 earnings per share for the quarter. Village Super Market had a return on equity of 10.80% and a net margin of 2.27%.The business had revenue of $572.59 million for the quarter.

Village Super Market Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Thursday, July 2nd were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Thursday, July 2nd. Village Super Market’s payout ratio is currently 27.17%.

Village Super Market Profile

Village Super Market, Inc is a publicly traded supermarket operator headquartered in Springfield, New Jersey. The company operates a network of ShopRite-branded grocery stores under a membership agreement with Wakefern Food Corp., one of the largest retailer-owned cooperatives in the United States. Through its ShopRite banner, Village Super Market serves communities across northern and central New Jersey, offering a full range of grocery products from fresh produce, meat, seafood and bakery items to dairy, deli and health and beauty merchandise.

The company’s supermarkets feature an array of in-store services designed to meet diverse customer needs.