Victory Capital Management Inc. purchased a new position in shares of Village Super Market, Inc. (NASDAQ:VLGEA – Free Report) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 25,113 shares of the company’s stock, valued at approximately $798,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Innealta Capital LLC bought a new position in Village Super Market in the 2nd quarter valued at approximately $39,000. Gladius Capital Management LP lifted its stake in Village Super Market by 253.7% in the 2nd quarter. Gladius Capital Management LP now owns 4,877 shares of the company’s stock valued at $129,000 after purchasing an additional 3,498 shares during the last quarter. Acadian Asset Management LLC bought a new position in Village Super Market in the 2nd quarter valued at approximately $130,000. Cutter & CO Brokerage Inc. bought a new position in Village Super Market in the 3rd quarter valued at approximately $213,000. Finally, Vanguard Personalized Indexing Management LLC lifted its stake in Village Super Market by 5.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 8,627 shares of the company’s stock valued at $228,000 after purchasing an additional 428 shares during the last quarter. Institutional investors own 39.02% of the company’s stock.
Insider Activity
In related news, Director Kevin Begley sold 4,800 shares of Village Super Market stock in a transaction on Friday, October 25th. The shares were sold at an average price of $30.00, for a total transaction of $144,000.00. Following the completion of the transaction, the director now owns 51,961 shares of the company’s stock, valued at $1,558,830. This trade represents a 8.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 10,933 shares of company stock valued at $330,872. Insiders own 56.78% of the company’s stock.
Village Super Market Price Performance
Village Super Market (NASDAQ:VLGEA – Get Free Report) last released its quarterly earnings results on Tuesday, October 8th. The company reported $1.14 earnings per share (EPS) for the quarter. The firm had revenue of $578.24 million during the quarter. Village Super Market had a net margin of 2.26% and a return on equity of 12.14%.
Village Super Market Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Thursday, October 3rd were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend was Thursday, October 3rd. Village Super Market’s payout ratio is currently 29.50%.
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.
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