By otakuyassine3@gmail.com 
Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC – Get Free Report)’s share price rose 5.3% during trading on Tuesday . The company traded as high as $42.79 and last traded at $42.47. Approximately 19,527 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 87,551 shares. The stock had previously closed at $40.33.
Analyst Ratings Changes
Separately, StockNews.com downgraded Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 13th.
View Our Latest Research Report on NGVC
Natural Grocers by Vitamin Cottage Trading Up 1.9 %
The company’s 50 day moving average price is $40.79 and its two-hundred day moving average price is $31.52. The firm has a market cap of $949.81 million, a PE ratio of 27.99 and a beta of 1.44. The company has a quick ratio of 0.16, a current ratio of 0.90 and a debt-to-equity ratio of 0.25.
Natural Grocers by Vitamin Cottage (NYSE:NGVC – Get Free Report) last announced its quarterly earnings data on Thursday, November 21st. The specialty retailer reported $0.39 earnings per share (EPS) for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.73% and a return on equity of 20.70%. As a group, sell-side analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.56 EPS for the current year.
Natural Grocers by Vitamin Cottage Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.12 per share. This is a positive change from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date was Monday, December 2nd. Natural Grocers by Vitamin Cottage’s payout ratio is currently 32.43%.
Insider Buying and Selling
In other Natural Grocers by Vitamin Cottage news, insider Charity Isely sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $43.73, for a total transaction of $87,460.00. Following the transaction, the insider now owns 12,290 shares of the company’s stock, valued at approximately $537,441.70. This trade represents a 14.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Lark Isely sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total transaction of $178,640.00. Following the transaction, the insider now owns 8,682 shares in the company, valued at approximately $387,738.12. This represents a 31.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 59.40% of the stock is currently owned by insiders.
Institutional Trading of Natural Grocers by Vitamin Cottage
Hedge funds have recently modified their holdings of the company. Lord Abbett & CO. LLC increased its holdings in Natural Grocers by Vitamin Cottage by 64.7% in the 3rd quarter. Lord Abbett & CO. LLC now owns 449,007 shares of the specialty retailer’s stock worth $13,331,000 after buying an additional 176,361 shares during the period. American Century Companies Inc. raised its holdings in shares of Natural Grocers by Vitamin Cottage by 28.3% during the second quarter. American Century Companies Inc. now owns 304,382 shares of the specialty retailer’s stock worth $6,453,000 after purchasing an additional 67,187 shares during the last quarter. Geode Capital Management LLC lifted its position in Natural Grocers by Vitamin Cottage by 11.4% during the third quarter. Geode Capital Management LLC now owns 219,301 shares of the specialty retailer’s stock valued at $6,513,000 after purchasing an additional 22,413 shares during the period. State Street Corp boosted its holdings in Natural Grocers by Vitamin Cottage by 1.0% in the third quarter. State Street Corp now owns 193,350 shares of the specialty retailer’s stock valued at $5,741,000 after purchasing an additional 1,983 shares during the last quarter. Finally, FMR LLC grew its position in Natural Grocers by Vitamin Cottage by 31.5% during the 3rd quarter. FMR LLC now owns 54,115 shares of the specialty retailer’s stock worth $1,607,000 after purchasing an additional 12,975 shares during the period. 31.99% of the stock is owned by hedge funds and other institutional investors.
Natural Grocers by Vitamin Cottage Company Profile
Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company’s stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.
Further Reading
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