Connor Clark & Lunn Investment Management Ltd. Has $1.34 Million Stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 25.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,708 shares of the specialty retailer's stock after purchasing an additional 6,906 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.15% of Natural Grocers by Vitamin Cottage worth $1,339,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp increased its holdings in shares of Natural Grocers by Vitamin Cottage by 33.3% in the fourth quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer's stock valued at $91,000 after buying an additional 575 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the fourth quarter valued at $27,000. Empowered Funds LLC increased its holdings in shares of Natural Grocers by Vitamin Cottage by 4.6% in the fourth quarter. Empowered Funds LLC now owns 15,487 shares of the specialty retailer's stock valued at $615,000 after buying an additional 675 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Natural Grocers by Vitamin Cottage by 3.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 27,363 shares of the specialty retailer's stock valued at $1,087,000 after buying an additional 974 shares in the last quarter. Finally, Human Investing LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the fourth quarter valued at $40,000. Institutional investors own 31.99% of the company's stock.

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Wall Street Analyst Weigh In

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

Natural Grocers by Vitamin Cottage Trading Up 0.3 %

NYSE NGVC traded up $0.10 on Friday, hitting $37.79. 135,018 shares of the stock were exchanged, compared to its average volume of 98,044. 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 debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.15. The company has a market capitalization of $866.63 million, a price-to-earnings ratio of 24.07 and a beta of 1.34. The company's 50-day moving average price is $42.51 and its two-hundred day moving average price is $36.93.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last posted its quarterly earnings data 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%. Research analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.27%. The ex-dividend date was Monday, March 3rd. Natural Grocers by Vitamin Cottage's dividend payout ratio 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.