Allspring Global Investments Holdings LLC Sells 14,691 Shares of Village Super Market, Inc. $VLGEA

Allspring Global Investments Holdings LLC trimmed its stake in Village Super Market, Inc. (NASDAQ:VLGEA) by 13.3% in the 1st quarter, HoldingsChannel reports. The firm owned 95,890 shares of the company’s stock after selling 14,691 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Village Super Market were worth $4,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Aegis Financial Corp bought a new position in shares of Village Super Market in the fourth quarter worth about $1,973,000. Charles Schwab Investment Management Inc. increased its stake in shares of Village Super Market by 29.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 174,492 shares of the company’s stock worth $6,176,000 after purchasing an additional 39,244 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Village Super Market by 8.2% during the 3rd quarter. Vanguard Group Inc. now owns 502,457 shares of the company’s stock valued at $18,772,000 after purchasing an additional 38,108 shares during the period. Money Concepts Capital Corp lifted its stake in shares of Village Super Market by 10.3% during the 4th quarter. Money Concepts Capital Corp now owns 370,064 shares of the company’s stock valued at $13,098,000 after buying an additional 34,516 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in Village Super Market by 224.9% in the 3rd quarter. Millennium Management LLC now owns 45,727 shares of the company’s stock worth $1,708,000 after buying an additional 31,654 shares during the period. 39.02% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VLGEA has been the topic of several research analyst reports. Weiss Ratings downgraded Village Super Market from a “buy (a-)” rating to a “buy (b)” rating in a research report on Thursday, June 4th. Wall Street Zen cut Village Super Market from a “strong-buy” rating to a “hold” rating in a report on Saturday, June 6th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.

Village Super Market Stock Up 1.0%

Shares of VLGEA opened at $42.62 on Friday. The firm has a fifty day moving average price of $42.86 and a 200-day moving average price of $40.99. The company has a current ratio of 1.17, a quick ratio of 0.88 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $631.20 million, a P/E ratio of 11.58 and a beta of 0.45. Village Super Market, Inc. has a 12-month low of $30.08 and a 12-month high of $48.21.

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

Village Super Market Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Thursday, July 2nd were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, July 2nd. This represents a $1.00 annualized dividend and a dividend yield of 2.3%. Village Super Market’s dividend payout ratio (DPR) is currently 27.17%.

About Village Super Market

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.