FMR LLC raised its holdings in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 31.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,115 shares of the specialty retailer's stock after buying an additional 12,975 shares during the period. FMR LLC owned about 0.24% of Natural Grocers by Vitamin Cottage worth $1,607,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its stake in shares of Natural Grocers by Vitamin Cottage by 0.5% during the second quarter. Bank of New York Mellon Corp now owns 178,328 shares of the specialty retailer's stock worth $3,781,000 after purchasing an additional 937 shares in the last quarter. Panagora Asset Management Inc. boosted its holdings in Natural Grocers by Vitamin Cottage by 14.4% in the 2nd quarter. Panagora Asset Management Inc. now owns 57,533 shares of the specialty retailer's stock worth $1,220,000 after acquiring an additional 7,254 shares during the period. Ritholtz Wealth Management grew its position in 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 acquiring an additional 4,980 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Natural Grocers by Vitamin Cottage by 28.3% during the second quarter. American Century Companies Inc. now owns 304,382 shares of the specialty retailer's stock valued at $6,453,000 after purchasing an additional 67,187 shares during the period. Finally, Inspire Investing LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage during the second quarter worth $353,000. 31.99% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Natural Grocers by Vitamin Cottage
In other Natural Grocers by Vitamin Cottage news, insider Charity Isely sold 2,000 shares of the stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $43.73, for a total transaction of $87,460.00. Following the sale, the insider now directly owns 12,290 shares of the company's stock, valued at approximately $537,441.70. This represents a 14.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lark Isely sold 4,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total transaction of $178,640.00. Following the completion of the transaction, the insider now directly owns 8,682 shares of the company's stock, valued at $387,738.12. This trade represents a 31.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 59.40% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Natural Grocers by Vitamin Cottage from a "buy" rating to a "strong-buy" rating in a report on Friday, November 22nd.
Get Our Latest Stock Report on NGVC
Natural Grocers by Vitamin Cottage Stock Down 1.1 %
Shares of NYSE:NGVC traded down $0.47 during trading on Monday, hitting $41.53. The company's stock had a trading volume of 117,614 shares, compared to its average volume of 79,012. Natural Grocers by Vitamin Cottage, Inc. has a fifty-two week low of $14.31 and a fifty-two week high of $47.56. The stock's 50-day moving average price is $34.33 and its two-hundred day moving average price is $27.89. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96. The company has a market capitalization of $946.63 million, a PE ratio of 28.38 and a beta of 1.40.
Natural Grocers by Vitamin Cottage Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Monday, December 2nd will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Monday, December 2nd. This is a positive change from Natural Grocers by Vitamin Cottage's previous quarterly dividend of $0.10. Natural Grocers by Vitamin Cottage's payout ratio is 32.43%.
Natural Grocers by Vitamin Cottage Company Profile
(
Free Report)
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.
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