Foundry Partners LLC Trims Stock Holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Foundry Partners LLC lowered its position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 7.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 202,345 shares of the specialty retailer's stock after selling 17,205 shares during the period. Foundry Partners LLC owned about 0.89% of Natural Grocers by Vitamin Cottage worth $6,008,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of NGVC. Linden Thomas Advisory Services LLC boosted its position in 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 buying an additional 3,018 shares during the period. Vanguard Group Inc. grew its position in Natural Grocers by Vitamin Cottage by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 636,658 shares of the specialty retailer's stock worth $11,492,000 after acquiring an additional 3,375 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in Natural Grocers by Vitamin Cottage by 3.2% in the 3rd 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. Panagora Asset Management Inc. lifted its position in Natural Grocers by Vitamin Cottage by 14.4% in the second quarter. Panagora Asset Management Inc. now owns 57,533 shares of the specialty retailer's stock valued at $1,220,000 after purchasing an additional 7,254 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System bought a new position in shares of Natural Grocers by Vitamin Cottage in the first quarter worth approximately $216,000. 31.99% of the stock is currently owned by institutional investors.

Natural Grocers by Vitamin Cottage Trading Up 25.7 %

NGVC traded up $9.32 during midday trading on Friday, reaching $45.57. 405,017 shares of the company's stock traded hands, compared to its average volume of 75,517. Natural Grocers by Vitamin Cottage, Inc. has a 52 week low of $14.31 and a 52 week high of $45.61. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 0.18. The firm has a fifty day moving average of $29.03 and a two-hundred day moving average of $25.04. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 31.81 and a beta of 1.23.

Natural Grocers by Vitamin Cottage Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.12 per share. This is an increase from Natural Grocers by Vitamin Cottage's previous quarterly dividend of $0.10. This represents a $0.48 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Monday, December 2nd. Natural Grocers by Vitamin Cottage's payout ratio is presently 29.63%.

Wall Street Analysts Forecast Growth

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 Wednesday, November 6th.

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.