Village Super Market Inc. (NASDAQ:VLGEA) CFO Orden John L. Van sold 1,080 shares of the firm’s stock in a transaction on Friday, October 14th. The stock was sold at an average price of $32.00, for a total value of $34,560.00. Following the completion of the sale, the chief financial officer now owns 12,000 shares of the company’s stock, valued at $384,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Village Super Market Inc. (NASDAQ:VLGEA) traded down 0.22% during mid-day trading on Monday, reaching $31.88. The company had a trading volume of 36,405 shares. The company has a market capitalization of $450.37 million, a PE ratio of 17.98 and a beta of 0.76. The stock’s 50-day moving average price is $31.76 and its 200 day moving average price is $28.77. Village Super Market Inc. has a 1-year low of $23.29 and a 1-year high of $33.00.
Village Super Market (NASDAQ:VLGEA) last announced its quarterly earnings results on Thursday, October 6th. The company reported $0.60 earnings per share (EPS) for the quarter. Village Super Market had a return on equity of 9.19% and a net margin of 1.53%. The company earned $437.30 million during the quarter. Equities analysts expect that Village Super Market Inc. will post $2.13 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 27th. Shareholders of record on Thursday, October 6th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Tuesday, October 4th. Village Super Market’s payout ratio is presently 56.50%.
Separately, TheStreet upgraded Village Super Market from a “hold” rating to a “buy” rating in a research report on Friday, July 8th.
About Village Super Market
Village Super Market, Inc is engaged in the retail sale of food and nonfood products. The Company operates a chain of approximately 29 ShopRite supermarkets of which around 18 are located in northern New Jersey, over eight in southern New Jersey, approximately two in Maryland and one in northeastern Pennsylvania.
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