Village Super Market, Inc. $VLGEA Stock Position Lifted by Bulldog Investors LLP

Bulldog Investors LLP grew its holdings in shares of Village Super Market, Inc. (NASDAQ:VLGEA) by 184.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 151,510 shares of the company’s stock after purchasing an additional 98,253 shares during the period. Village Super Market makes up approximately 1.3% of Bulldog Investors LLP’s investment portfolio, making the stock its 20th largest holding. Bulldog Investors LLP owned 1.03% of Village Super Market worth $5,660,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. grew its position in Village Super Market by 8.2% in the 3rd quarter. Vanguard Group Inc. now owns 502,457 shares of the company’s stock valued at $18,772,000 after buying an additional 38,108 shares in the last quarter. American Century Companies Inc. raised its position in shares of Village Super Market by 13.4% during the 2nd quarter. American Century Companies Inc. now owns 338,828 shares of the company’s stock worth $13,045,000 after buying an additional 40,163 shares in the last quarter. Money Concepts Capital Corp lifted its stake in shares of Village Super Market by 1.9% in the 3rd quarter. Money Concepts Capital Corp now owns 335,548 shares of the company’s stock worth $12,536,000 after acquiring an additional 6,379 shares during the period. Geode Capital Management LLC lifted its stake in shares of Village Super Market by 3.3% in the 2nd quarter. Geode Capital Management LLC now owns 188,941 shares of the company’s stock worth $7,276,000 after acquiring an additional 5,972 shares during the period. Finally, Royce & Associates LP boosted its holdings in shares of Village Super Market by 12.2% in the third quarter. Royce & Associates LP now owns 159,011 shares of the company’s stock valued at $5,941,000 after acquiring an additional 17,338 shares in the last quarter. 39.02% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Village Super Market in a research note on Tuesday, January 27th. Wall Street Zen raised Village Super Market from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 7th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Village Super Market currently has an average rating of “Buy”.

Village Super Market Price Performance

Shares of NASDAQ VLGEA opened at $42.36 on Friday. Village Super Market, Inc. has a twelve month low of $30.08 and a twelve month high of $42.60. The company has a current ratio of 1.23, a quick ratio of 0.99 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average of $37.56 and a two-hundred day moving average of $36.08. The company has a market capitalization of $624.81 million, a price-to-earnings ratio of 11.30 and a beta of 0.49.

Village Super Market (NASDAQ:VLGEA) last announced its quarterly earnings data on Wednesday, March 4th. The company reported $1.21 earnings per share (EPS) for the quarter. Village Super Market had a net margin of 2.37% and a return on equity of 11.57%. The company had revenue of $640.96 million for the quarter.

Village Super Market Company Profile

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.