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

Bulldog Investors LLP increased its stake in Village Super Market, Inc. (NASDAQ:VLGEA) by 184.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 151,510 shares of the company’s stock after acquiring an additional 98,253 shares during the quarter. Village Super Market makes up 1.3% of Bulldog Investors LLP’s holdings, making the stock its 20th largest holding. Bulldog Investors LLP’s holdings in Village Super Market were worth $5,660,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of VLGEA. Alliancebernstein L.P. lifted its holdings in shares of Village Super Market by 9.9% during the third quarter. Alliancebernstein L.P. now owns 11,070 shares of the company’s stock valued at $414,000 after purchasing an additional 1,000 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Village Super Market by 11.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 43,358 shares of the company’s stock worth $1,620,000 after purchasing an additional 4,516 shares in the last quarter. Creative Planning acquired a new stake in Village Super Market during the 3rd quarter worth about $236,000. Lazard Asset Management LLC raised its holdings in Village Super Market by 132.7% during the 3rd quarter. Lazard Asset Management LLC now owns 38,079 shares of the company’s stock worth $1,423,000 after buying an additional 21,718 shares during the period. Finally, Man Group plc lifted its stake in Village Super Market by 16.0% during the third quarter. Man Group plc now owns 24,131 shares of the company’s stock valued at $902,000 after buying an additional 3,323 shares in the last quarter. 39.02% of the stock is owned by institutional investors and hedge funds.

Village Super Market Stock Performance

Shares of VLGEA stock opened at $42.36 on Friday. Village Super Market, Inc. has a 1-year low of $30.08 and a 1-year 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 company has a market capitalization of $624.81 million, a price-to-earnings ratio of 11.30 and a beta of 0.49. The stock’s fifty day simple moving average is $37.56 and its 200-day simple moving average is $36.08.

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 return on equity of 11.57% and a net margin of 2.37%.The firm had revenue of $640.96 million during the quarter.

Analyst Ratings Changes

Several brokerages have commented on VLGEA. Weiss Ratings reiterated a “buy (b)” rating on shares of Village Super Market in a report on Tuesday, January 27th. Wall Street Zen upgraded shares of Village Super Market from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Village Super Market 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.