Village Super Market (NASDAQ:VLGEA) Cut to “Hold” at ValuEngine

ValuEngine downgraded shares of Village Super Market (NASDAQ:VLGEA) from a buy rating to a hold rating in a research note published on Monday, April 2nd.

Separately, BidaskClub downgraded shares of Village Super Market from a hold rating to a sell rating in a report on Saturday, December 9th.

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Shares of NASDAQ VLGEA traded up $0.05 during mid-day trading on Monday, hitting $27.23. The company’s stock had a trading volume of 18,331 shares, compared to its average volume of 27,032. The firm has a market capitalization of $377.30, a PE ratio of 13.68 and a beta of 0.25. The company has a current ratio of 1.61, a quick ratio of 1.18 and a debt-to-equity ratio of 0.17. Village Super Market has a one year low of $21.95 and a one year high of $28.00.



Village Super Market (NASDAQ:VLGEA) last released its quarterly earnings data on Wednesday, March 7th. The company reported $0.85 earnings per share for the quarter. Village Super Market had a net margin of 1.58% and a return on equity of 9.63%. The business had revenue of $417.38 million for the quarter.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 26th. Stockholders of record on Thursday, April 5th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, April 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.67%.

In other Village Super Market news, CFO Orden John L. Van sold 1,500 shares of Village Super Market stock in a transaction on Thursday, March 29th. The shares were sold at an average price of $26.25, for a total transaction of $39,375.00. Following the completion of the transaction, the chief financial officer now directly owns 18,138 shares of the company’s stock, valued at $476,122.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John Sumas sold 7,000 shares of the business’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $23.83, for a total value of $166,810.00. Following the completion of 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 disclosure for this sale can be found here. Insiders sold 12,100 shares of company stock worth $302,645 over the last quarter. 40.18% of the stock is owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of the stock. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp raised its stake in Village Super Market by 49.3% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 22,700 shares of the company’s stock valued at $521,000 after purchasing an additional 7,500 shares in the last quarter. Two Sigma Advisers LP raised its stake in Village Super Market by 6.6% in the fourth quarter. Two Sigma Advisers LP now owns 40,288 shares of the company’s stock valued at $924,000 after purchasing an additional 2,500 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Village Super Market by 22.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 86,000 shares of the company’s stock worth $1,972,000 after acquiring an additional 15,634 shares in the last quarter. Stone Ridge Asset Management LLC acquired a new position in Village Super Market during the fourth quarter worth about $322,000. Finally, Guggenheim Capital LLC acquired a new position in Village Super Market during the fourth quarter worth about $290,000. 43.75% of the stock is owned by institutional investors and hedge funds.

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Village Super Market Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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