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

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

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

• On Tuesday, April 15th, Robert Sumas sold 1,500 shares of Village Super Market stock. The shares were sold at an average price of $35.81, for a total value of $53,715.00.
• 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 Up 1.0 %

Village Super Market stock opened at $35.39 on Thursday. Village Super Market, Inc. has a one year low of $24.57 and a one year high of $38.70. The business’s fifty day moving average is $34.23 and its 200 day moving average is $32.59. The stock has a market capitalization of $521.90 million, a PE ratio of 10.20 and a beta of 0.42. 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 (NASDAQ:VLGEA) last announced its quarterly earnings results on Tuesday, March 4th. The company reported $1.14 earnings per share (EPS) for the quarter. Village Super Market had a net margin of 2.29% and a return on equity of 12.15%. The firm had revenue of $599.65 million for the quarter.

Village Super Market Announces Dividend

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 given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend is Thursday, April 3rd. Village Super Market’s dividend payout ratio (DPR) is presently 27.47%.

Institutional Investors Weigh In On Village Super Market

A number of hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC grew its holdings in shares of Village Super Market by 262.3% in the third quarter. Barclays PLC now owns 11,434 shares of the company’s stock worth $363,000 after acquiring an additional 8,278 shares during the period. State Street Corp boosted its position in 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 during the last quarter. Empowered Funds LLC grew its stake in shares of Village Super Market by 5.0% during the 4th quarter. Empowered Funds LLC now owns 59,663 shares of the company’s stock valued at $1,888,000 after purchasing an additional 2,868 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Village Super Market during the 4th quarter valued at about $118,000. Finally, Geode Capital Management LLC increased its position in shares of Village Super Market by 1.7% during the 3rd 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 last quarter. 39.02% of the stock is currently owned by hedge funds and other institutional investors.

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.