Village Super Market (VLGEA) Stock Rating Lowered by ValuEngine

Village Super Market (NASDAQ:VLGEA) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Monday.

Separately, BidaskClub lowered shares of Village Super Market from a “hold” rating to a “sell” rating in a research note on Saturday, December 9th.

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Shares of Village Super Market stock traded down $0.16 on Monday, reaching $26.21. 35,213 shares of the stock were exchanged, compared to its average volume of 27,187. Village Super Market has a 1-year low of $21.95 and a 1-year high of $27.49. The company has a quick ratio of 1.18, a current ratio of 1.61 and a debt-to-equity ratio of 0.17. The firm has a market cap of $378.88, a price-to-earnings ratio of 13.73 and a beta of 0.25.

Village Super Market (NASDAQ:VLGEA) last issued its quarterly earnings results on Wednesday, March 7th. The company reported $0.85 earnings per share (EPS) 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.

In other Village Super Market news, EVP John Sumas sold 4,800 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $22.96, for a total transaction of $110,208.00. Following the transaction, the executive vice president now directly owns 125,805 shares in the company, valued at $2,888,482.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Orden John L. Van sold 1,500 shares of the company’s stock in a transaction dated Thursday, March 29th. The stock was sold at an average price of $26.25, for a total transaction of $39,375.00. Following the transaction, the chief financial officer now owns 18,138 shares in the company, valued at $476,122.50. The disclosure for this sale can be found here. Insiders have sold 13,900 shares of company stock worth $332,293 over the last 90 days. 40.18% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the business. SG Americas Securities LLC purchased a new stake in shares of Village Super Market in the third quarter valued at about $117,000. Tower Research Capital LLC TRC lifted its holdings in shares of Village Super Market by 308.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,559 shares of the company’s stock valued at $150,000 after purchasing an additional 4,953 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Village Super Market by 23.6% in the second quarter. The Manufacturers Life Insurance Company now owns 7,332 shares of the company’s stock valued at $191,000 after purchasing an additional 1,398 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in shares of Village Super Market in the third quarter valued at about $250,000. Finally, Guggenheim Capital LLC purchased a new stake in shares of Village Super Market in the fourth quarter valued at about $290,000. Institutional investors own 43.75% of the company’s stock.

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Village Super Market Company Profile

Village Super Market, Inc (Village) is engaged in retail sale of food and nonfood products. As of July 30, 2016, the Company operated a chain of 29 ShopRite supermarkets, 18 of which are located in northern New Jersey, eight in southern New Jersey, two in Maryland and one in northeastern Pennsylvania.

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