Bank of New York Mellon Corp Sells 62,947 Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Bank of New York Mellon Corp lessened its stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 34.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 119,138 shares of the specialty retailer's stock after selling 62,947 shares during the period. Bank of New York Mellon Corp owned about 0.52% of Natural Grocers by Vitamin Cottage worth $4,732,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of NGVC. Lord Abbett & CO. LLC raised its stake 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 purchasing an additional 176,361 shares in the last quarter. Geode Capital Management LLC raised 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 acquiring an additional 22,413 shares in the last quarter. State Street Corp lifted its stake 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 acquiring an additional 1,983 shares during the last quarter. FMR LLC grew its position in Natural Grocers by Vitamin Cottage by 31.5% in the third quarter. FMR LLC now owns 54,115 shares of the specialty retailer's stock worth $1,607,000 after acquiring an additional 12,975 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC increased its stake in shares of Natural Grocers by Vitamin Cottage by 15.9% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 53,904 shares of the specialty retailer's stock worth $2,141,000 after purchasing an additional 7,384 shares during the last quarter. 31.99% of the stock is owned by hedge funds and other institutional investors.

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Natural Grocers by Vitamin Cottage Price Performance

Shares of NYSE:NGVC traded up $0.10 during midday trading on Friday, reaching $37.79. The company's stock had a trading volume of 79,144 shares, compared to its average volume of 97,602. The company has a market capitalization of $866.63 million, a P/E ratio of 24.07 and a beta of 1.34. Natural Grocers by Vitamin Cottage, Inc. has a fifty-two week low of $15.82 and a fifty-two week high of $50.91. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.15. The business's fifty day simple moving average is $42.52 and its 200-day simple moving average is $36.77.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last announced 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 net margin of 2.84% and a return on equity of 21.12%. As a group, equities research analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Monday, March 3rd. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is presently 30.57%.

Analysts Set New Price Targets

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 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.