Natural Grocers by Vitamin Cottage (NYSE:NGVC) Reaches New 1-Year High at $27.71

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $27.71 and last traded at $27.54, with a volume of 60244 shares changing hands. The stock had previously closed at $26.31.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a report on Friday, August 9th.

Natural Grocers by Vitamin Cottage Price Performance

The company has a market cap of $601.48 million, a PE ratio of 20.94 and a beta of 1.21. The business has a 50 day moving average of $24.41 and a 200 day moving average of $20.48. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 0.18.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its earnings results on Thursday, August 8th. The specialty retailer reported $0.40 EPS for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.54% and a return on equity of 18.89%. The firm had revenue of $309.08 million during the quarter. As a group, research analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.31 EPS for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 18th. Shareholders of record on Tuesday, September 3rd will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, September 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.52%. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is 31.75%.

Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage

Several hedge funds have recently made changes to their positions in NGVC. Marshall Wace LLP lifted its position in Natural Grocers by Vitamin Cottage by 49.3% during the 2nd quarter. Marshall Wace LLP now owns 43,437 shares of the specialty retailer’s stock valued at $921,000 after acquiring an additional 14,338 shares during the period. Inspire Investing LLC bought a new position in shares of Natural Grocers by Vitamin Cottage during the second quarter valued at approximately $353,000. American Century Companies Inc. lifted 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 valued at $6,453,000 after purchasing an additional 67,187 shares during the last quarter. Ritholtz Wealth Management boosted its position in shares of Natural Grocers by Vitamin Cottage by 21.0% in the 2nd quarter. Ritholtz Wealth Management now owns 28,655 shares of the specialty retailer’s stock worth $607,000 after purchasing an additional 4,980 shares in the last quarter. Finally, Panagora Asset Management Inc. grew its stake in shares of Natural Grocers by Vitamin Cottage by 14.4% in the 2nd quarter. Panagora Asset Management Inc. now owns 57,533 shares of the specialty retailer’s stock worth $1,220,000 after buying an additional 7,254 shares during the last quarter. 31.99% of the stock is currently owned by 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.