Dynamic Technology Lab Private Ltd Buys Shares of 14,492 Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Dynamic Technology Lab Private Ltd purchased a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,492 shares of the specialty retailer's stock, valued at approximately $430,000. Dynamic Technology Lab Private Ltd owned 0.06% of Natural Grocers by Vitamin Cottage at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Segall Bryant & Hamill LLC acquired a new position in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at about $361,000. Linden Thomas Advisory Services LLC increased its stake in shares of Natural Grocers by Vitamin Cottage by 8.0% during the second quarter. Linden Thomas Advisory Services LLC now owns 40,628 shares of the specialty retailer's stock valued at $861,000 after acquiring an additional 3,018 shares during the period. Vanguard Group Inc. raised its holdings in Natural Grocers by Vitamin Cottage by 0.5% during the first quarter. Vanguard Group Inc. now owns 636,658 shares of the specialty retailer's stock worth $11,492,000 after purchasing an additional 3,375 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in Natural Grocers by Vitamin Cottage by 3.2% in the third quarter. Janney Montgomery Scott LLC now owns 36,781 shares of the specialty retailer's stock worth $1,092,000 after purchasing an additional 1,150 shares during the period. Finally, Kingsview Wealth Management LLC bought a new position in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at $421,000. 31.99% of the stock is owned by institutional investors.

Natural Grocers by Vitamin Cottage Trading Up 1.8 %

NYSE NGVC traded up $0.84 on Friday, hitting $47.05. 60,988 shares of the stock were exchanged, compared to its average volume of 76,733. The company's 50-day moving average price is $31.11 and its two-hundred day moving average price is $26.21. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 31.80 and a beta of 1.23. Natural Grocers by Vitamin Cottage, Inc. has a 52-week low of $14.31 and a 52-week high of $47.56. 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 Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Monday, December 2nd will be issued a dividend of $0.12 per share. This is a boost from Natural Grocers by Vitamin Cottage's previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Monday, December 2nd. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is currently 32.43%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Natural Grocers by Vitamin Cottage from a "buy" rating to a "strong-buy" rating in a research report on Friday, November 22nd.

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.