Alliancebernstein L.P. Reduces Stock Position in Village Super Market, Inc. (NASDAQ:VLGEA)

Alliancebernstein L.P. trimmed its stake in Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) by 14.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,828 shares of the company's stock after selling 10,480 shares during the period. Alliancebernstein L.P. owned 0.41% of Village Super Market worth $1,940,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Village Super Market in the 3rd quarter worth $54,000. SBI Securities Co. Ltd. bought a new stake in shares of Village Super Market in the fourth quarter worth about $78,000. SG Americas Securities LLC bought a new stake in shares of Village Super Market in the fourth quarter worth about $118,000. Barclays PLC increased its holdings in shares of Village Super Market by 262.3% in the third quarter. Barclays PLC now owns 11,434 shares of the company's stock worth $363,000 after purchasing an additional 8,278 shares during the last quarter. Finally, Rhumbline Advisers increased its stake in Village Super Market by 8.2% during the fourth quarter. Rhumbline Advisers now owns 14,514 shares of the company's stock worth $463,000 after acquiring an additional 1,103 shares during the last quarter. 39.02% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, major shareholder Robert Sumas sold 943 shares of the company's stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of $36.21, for a total value of $34,146.03. Following the completion of the sale, the insider now owns 93,988 shares in the company, valued at $3,403,305.48. This represents a 0.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kevin Begley sold 3,000 shares of the company's stock in a transaction on Wednesday, April 9th. The shares were sold at an average price of $37.40, for a total transaction of $112,200.00. Following the completion of the sale, the director now owns 48,961 shares of the company's stock, valued at approximately $1,831,141.40. This trade represents a 5.77 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,843 shares of company stock worth $214,441. 56.78% of the stock is owned by corporate insiders.

Village Super Market Stock Up 0.2 %

VLGEA stock traded up $0.06 during trading on Wednesday, reaching $36.17. 3,784 shares of the company traded hands, compared to its average volume of 30,609. The business has a 50 day simple moving average of $34.29 and a 200 day simple moving average of $32.72. Village Super Market, Inc. has a 12 month low of $24.57 and a 12 month high of $38.70. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.86 and a current ratio of 1.13. The company has a market capitalization of $533.40 million, a price-to-earnings ratio of 10.42 and a beta of 0.42.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last released its earnings results on Tuesday, March 4th. The company reported $1.14 EPS for the quarter. Village Super Market had a return on equity of 12.15% and a net margin of 2.29%. The firm had revenue of $599.65 million during the quarter.

Village Super Market Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, April 3rd. Village Super Market's dividend payout ratio (DPR) is presently 27.47%.

About Village Super Market

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.