Village Super Market, Inc. (NASDAQ:VLGEA) Shares Sold by Invesco Ltd.

Invesco Ltd. reduced its stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA) by 5.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 20,645 shares of the company’s stock after selling 1,220 shares during the quarter. Invesco Ltd.’s holdings in Village Super Market were worth $658,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VLGEA. Rhumbline Advisers lifted its stake in Village Super Market by 8.2% during the fourth quarter. Rhumbline Advisers now owns 14,514 shares of the company’s stock worth $463,000 after purchasing an additional 1,103 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Village Super Market by 21.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,409 shares of the company’s stock worth $204,000 after purchasing an additional 1,112 shares during the period. Ellsworth Advisors LLC lifted its position in shares of Village Super Market by 7.4% in the 4th quarter. Ellsworth Advisors LLC now owns 21,452 shares of the company’s stock worth $684,000 after buying an additional 1,471 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Village Super Market in the 3rd quarter valued at about $54,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Village Super Market during the 4th quarter valued at about $78,000. Institutional investors own 39.02% of the company’s stock.

Village Super Market Stock Performance

Shares of NASDAQ VLGEA opened at $36.64 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.13 and a debt-to-equity ratio of 0.18. The firm’s 50-day moving average price is $34.82 and its two-hundred day moving average price is $33.02. Village Super Market, Inc. has a 52-week low of $24.57 and a 52-week high of $38.70. The stock has a market capitalization of $540.33 million, a P/E ratio of 10.56 and a beta of 0.49.

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. The business had revenue of $599.65 million for the quarter. Village Super Market had a return on equity of 12.15% and a net margin of 2.29%.

Village Super Market Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a $1.00 annualized dividend and a dividend yield of 2.73%. Village Super Market’s dividend payout ratio is currently 27.47%.

Insider Buying and Selling

In related news, major shareholder Robert Sumas sold 1,500 shares of the company’s stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $35.81, for a total value of $53,715.00. Following the completion of the sale, the insider now owns 87,931 shares of the company’s stock, valued at $3,148,809.11. This represents a 1.68 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kevin Begley sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, April 9th. The shares were sold at an average price of $37.40, for a total transaction of $112,200.00. Following the transaction, the director now directly owns 48,961 shares in the company, valued at approximately $1,831,141.40. The trade was a 5.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,843 shares of company stock valued at $320,011 in the last quarter. Company insiders own 56.78% of the company’s stock.

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.