Kingsview Wealth Management LLC Takes Position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Kingsview Wealth Management LLC acquired 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 filing with the Securities and Exchange Commission. The fund acquired 14,188 shares of the specialty retailer's stock, valued at approximately $421,000. Kingsview Wealth Management LLC owned 0.06% of Natural Grocers by Vitamin Cottage at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of New York Mellon Corp increased its holdings in Natural Grocers by Vitamin Cottage by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 178,328 shares of the specialty retailer's stock valued at $3,781,000 after buying an additional 937 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Natural Grocers by Vitamin Cottage by 3.2% during 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 in the last quarter. Linden Thomas Advisory Services LLC grew its holdings in shares of Natural Grocers by Vitamin Cottage by 8.0% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 40,628 shares of the specialty retailer's stock worth $861,000 after acquiring an additional 3,018 shares during the period. Vanguard Group Inc. raised its position 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 acquiring an additional 3,375 shares during the last quarter. Finally, Ritholtz Wealth Management grew its position in shares of Natural Grocers by Vitamin Cottage by 21.0% in the second quarter. Ritholtz Wealth Management now owns 28,655 shares of the specialty retailer's stock valued at $607,000 after purchasing an additional 4,980 shares during the last quarter. Hedge funds and other institutional investors own 31.99% of the company's stock.

Natural Grocers by Vitamin Cottage Trading Up 1.8 %

Shares of Natural Grocers by Vitamin Cottage stock traded up $0.85 during trading hours on Friday, reaching $47.06. 60,958 shares of the company's stock were exchanged, compared to its average volume of 76,733. 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 fifty day moving average of $30.74 and a 200-day moving average of $26.02. The company has a current ratio of 0.96, a quick ratio of 0.18 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 31.22 and a beta of 1.23.

Natural Grocers by Vitamin Cottage Increases Dividend

The firm 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 $0.12 dividend. This is a positive change from Natural Grocers by Vitamin Cottage's previous quarterly dividend of $0.10. The ex-dividend date is Monday, December 2nd. This represents a $0.48 annualized dividend and a yield of 1.02%. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is presently 27.03%.

Wall Street Analysts Forecast Growth

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

Natural Grocers by Vitamin Cottage 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.