Cutter & CO Brokerage Inc. Invests $213,000 in Village Super Market, Inc. (NASDAQ:VLGEA)

Cutter & CO Brokerage Inc. bought a new stake in Village Super Market, Inc. (NASDAQ:VLGEA) in the third quarter, HoldingsChannel reports. The fund bought 6,700 shares of the company’s stock, valued at approximately $213,000.

Other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its position in Village Super Market by 18.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,146 shares of the company’s stock valued at $135,000 after purchasing an additional 800 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Village Super Market by 1.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 38,362 shares of the company’s stock worth $1,098,000 after buying an additional 606 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Village Super Market by 20.1% during the first quarter. BNP Paribas Financial Markets now owns 9,405 shares of the company’s stock worth $269,000 after buying an additional 1,571 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Village Super Market by 6.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 21,794 shares of the company’s stock valued at $624,000 after acquiring an additional 1,236 shares during the period. Finally, Empowered Funds LLC raised its stake in Village Super Market by 7.9% during the 1st quarter. Empowered Funds LLC now owns 50,201 shares of the company’s stock valued at $1,436,000 after acquiring an additional 3,675 shares during the last quarter. Hedge funds and other institutional investors own 39.02% of the company’s stock.

Village Super Market Trading Down 3.0 %

Shares of VLGEA stock opened at $28.96 on Wednesday. The company has a market capitalization of $428.29 million, a P/E ratio of 8.75 and a beta of 0.27. The company has a current ratio of 1.15, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average is $31.22 and its two-hundred day moving average is $29.16. Village Super Market, Inc. has a twelve month low of $23.49 and a twelve month high of $33.50.

Village Super Market Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Thursday, October 3rd were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a $1.00 annualized dividend and a yield of 3.45%. Village Super Market’s dividend payout ratio is currently 29.59%.

Insider Transactions at Village Super Market

In other news, Director Kevin Begley sold 4,800 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was 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 directly owns 51,961 shares of the company’s stock, valued at approximately $1,558,830. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 10,933 shares of company stock worth $330,872. Company insiders own 64.35% of the company’s stock.

Village Super Market Company 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.