Natural Grocers by Vitamin Cottage (NYSE:NGVC) Trading 2.6% Higher - What's Next?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report) shares were up 2.6% during mid-day trading on Monday . The company traded as high as $38.66 and last traded at $39.10. Approximately 31,874 shares traded hands during trading, a decline of 68% from the average daily volume of 99,454 shares. The stock had previously closed at $38.12.

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 report on Monday, January 13th.

Natural Grocers by Vitamin Cottage Stock Down 1.3 %

The firm has a market capitalization of $941.32 million, a PE ratio of 26.15 and a beta of 1.34. The business's fifty day moving average price is $42.40 and its 200 day moving average price is $37.72. The company has a quick ratio of 0.15, a current ratio of 0.96 and a debt-to-equity ratio of 0.28.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. On average, equities research analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 earnings per share for the current fiscal year.

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Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors 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 1.17%. The ex-dividend date of this dividend was Monday, March 3rd. Natural Grocers by Vitamin Cottage's dividend payout ratio is presently 30.57%.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Institutional investors have recently bought and sold shares of the company. Lord Abbett & CO. LLC lifted its stake in shares of Natural Grocers by Vitamin Cottage by 64.7% in the 3rd quarter. Lord Abbett & CO. LLC now owns 449,007 shares of the specialty retailer's stock worth $13,331,000 after acquiring an additional 176,361 shares during the period. Marshall Wace LLP raised its holdings in Natural Grocers by Vitamin Cottage by 516.0% during the fourth quarter. Marshall Wace LLP now owns 209,564 shares of the specialty retailer's stock worth $8,324,000 after purchasing an additional 175,545 shares in the last quarter. Millennium Management LLC lifted its position in Natural Grocers by Vitamin Cottage by 1,190.6% in the fourth quarter. Millennium Management LLC now owns 162,130 shares of the specialty retailer's stock valued at $6,440,000 after purchasing an additional 149,568 shares during the period. Wellington Management Group LLP purchased a new stake in Natural Grocers by Vitamin Cottage in the 4th quarter valued at approximately $5,444,000. Finally, Tudor Investment Corp ET AL increased its position in Natural Grocers by Vitamin Cottage by 210.3% during the 4th quarter. Tudor Investment Corp ET AL now owns 80,822 shares of the specialty retailer's stock worth $3,210,000 after purchasing an additional 54,773 shares during the period. 31.99% of the stock is owned by institutional investors and hedge funds.

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.