137,064 Shares in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Purchased by Wellington Management Group LLP

Wellington Management Group LLP acquired a new position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 137,064 shares of the specialty retailer's stock, valued at approximately $5,444,000. Wellington Management Group LLP owned approximately 0.60% of Natural Grocers by Vitamin Cottage at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Lord Abbett & CO. LLC boosted its holdings in shares of Natural Grocers by Vitamin Cottage by 64.7% during 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. boosted its holdings in Natural Grocers by Vitamin Cottage by 13.2% during the fourth quarter. American Century Companies Inc. now owns 444,596 shares of the specialty retailer's stock valued at $17,659,000 after acquiring an additional 51,727 shares during the period. Vanguard Group Inc. grew its position in shares of Natural Grocers by Vitamin Cottage by 6.0% in the fourth quarter. Vanguard Group Inc. now owns 689,291 shares of the specialty retailer's stock valued at $27,379,000 after purchasing an additional 38,880 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Natural Grocers by Vitamin Cottage by 11.4% during the 3rd quarter. Geode Capital Management LLC now owns 219,301 shares of the specialty retailer's stock worth $6,513,000 after purchasing an additional 22,413 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Natural Grocers by Vitamin Cottage by 75.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 49,410 shares of the specialty retailer's stock valued at $1,467,000 after purchasing an additional 21,257 shares during the period. 31.99% of the stock is owned by institutional investors and hedge funds.

Remove Ads

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Natural Grocers by Vitamin Cottage from a "strong-buy" rating to a "buy" rating in a report on Monday, January 13th.

Natural Grocers by Vitamin Cottage Stock Performance

Natural Grocers by Vitamin Cottage stock traded down $0.46 during mid-day trading on Tuesday, reaching $46.37. The company had a trading volume of 71,109 shares, compared to its average volume of 105,724. The company has a 50 day moving average of $42.46 and a 200-day moving average of $38.69. Natural Grocers by Vitamin Cottage, Inc. has a 52 week low of $15.82 and a 52 week high of $50.91. The company has a quick ratio of 0.15, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 29.54 and a beta of 1.73.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last released its earnings results on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. On average, sell-side analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were given a $0.12 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.48 annualized dividend and a yield of 1.04%. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is currently 30.57%.

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.