Charles Schwab Investment Management Inc. Raises Stock Position in Village Super Market, Inc. (NASDAQ:VLGEA)

Charles Schwab Investment Management Inc. boosted its stake in shares of Village Super Market, Inc. (NASDAQ:VLGEA) by 4.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 23,931 shares of the company’s stock after acquiring an additional 965 shares during the period. Charles Schwab Investment Management Inc. owned about 0.16% of Village Super Market worth $761,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Innealta Capital LLC purchased a new position in Village Super Market in the 2nd quarter valued at $39,000. Acadian Asset Management LLC purchased a new position in shares of Village Super Market in the second quarter worth about $130,000. American Century Companies Inc. boosted its position in Village Super Market by 17.4% during the second quarter. American Century Companies Inc. now owns 158,814 shares of the company’s stock worth $4,194,000 after acquiring an additional 23,492 shares during the last quarter. Sierra Summit Advisors LLC grew its stake in Village Super Market by 21.7% during the 2nd quarter. Sierra Summit Advisors LLC now owns 24,458 shares of the company’s stock valued at $646,000 after acquiring an additional 4,353 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Village Super Market by 0.5% in the 2nd quarter. Renaissance Technologies LLC now owns 568,684 shares of the company’s stock valued at $15,019,000 after acquiring an additional 3,100 shares during the last quarter. 39.02% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Village Super Market

In related news, Director Kevin Begley sold 4,800 shares of the company’s stock in a transaction that occurred 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 sale, the director now directly owns 51,961 shares of the company’s stock, valued at $1,558,830. This represents a 8.46 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders sold 10,933 shares of company stock worth $330,872. Insiders own 56.78% of the company’s stock.

Village Super Market Trading Down 3.3 %

Shares of VLGEA stock opened at $32.04 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.86 and a debt-to-equity ratio of 0.18. Village Super Market, Inc. has a twelve month low of $24.57 and a twelve month high of $33.99. The company’s 50-day moving average price is $31.27 and its 200-day moving average price is $29.82. The stock has a market cap of $472.94 million, a price-to-earnings ratio of 9.23 and a beta of 0.30.

Village Super Market (NASDAQ:VLGEA) last released its quarterly earnings data on Tuesday, October 8th. The company reported $1.14 EPS for the quarter. The firm had revenue of $578.24 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Investors of record on Thursday, January 2nd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.12%. Village Super Market’s payout ratio is currently 28.82%.

Village Super Market 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.