Los Angeles Capital Management LLC Trims Stock Holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Los Angeles Capital Management LLC lowered its holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 25.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,486 shares of the specialty retailer's stock after selling 24,215 shares during the period. Los Angeles Capital Management LLC owned approximately 0.31% of Natural Grocers by Vitamin Cottage worth $2,122,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Hillsdale Investment Management Inc. grew its holdings in Natural Grocers by Vitamin Cottage by 14.7% during the 1st quarter. Hillsdale Investment Management Inc. now owns 190,318 shares of the specialty retailer's stock worth $3,435,000 after acquiring an additional 24,400 shares in the last quarter. Linden Thomas Advisory Services LLC boosted its position 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 valued at $861,000 after purchasing an additional 3,018 shares during the period. Vanguard Group Inc. increased its holdings in shares of Natural Grocers by Vitamin Cottage by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 636,658 shares of the specialty retailer's stock valued at $11,492,000 after acquiring an additional 3,375 shares during the period. Panagora Asset Management Inc. increased its stake 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 period. Finally, State Board of Administration of Florida Retirement System purchased a new stake in Natural Grocers by Vitamin Cottage during the 1st quarter valued at approximately $216,000. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Natural Grocers by Vitamin Cottage Price Performance

Shares of NYSE NGVC traded down $0.72 during midday trading on Thursday, hitting $32.80. The company had a trading volume of 50,574 shares, compared to its average volume of 73,120. The company has a quick ratio of 0.18, a current ratio of 0.96 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $747.51 million, a price-to-earnings ratio of 24.30 and a beta of 1.23. Natural Grocers by Vitamin Cottage, Inc. has a twelve month low of $12.54 and a twelve month high of $34.76. The business has a 50-day simple moving average of $28.30 and a two-hundred day simple moving average of $24.43.

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 note 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.