Natural Grocers by Vitamin Cottage (NYSE:NGVC) Stock Price Crosses Above 200 Day Moving Average - Here's Why

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $28.87 and traded as high as $40.36. Natural Grocers by Vitamin Cottage shares last traded at $40.30, with a volume of 81,876 shares changing hands.

Wall Street Analysts Forecast Growth

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

Natural Grocers by Vitamin Cottage Trading Down 2.5 %

The stock has a market cap of $899.75 million, a PE ratio of 26.54 and a beta of 1.40. 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 fifty day simple moving average of $36.71 and a two-hundred day simple moving average of $28.95.

Natural Grocers by Vitamin Cottage Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, December 2nd were paid a $0.12 dividend. 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 1.22%. The ex-dividend date was Monday, December 2nd. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is currently 32.43%.

Insider Buying and Selling at Natural Grocers by Vitamin Cottage

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 4,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $44.66, for a total transaction of $178,640.00. Following the completion of the sale, the insider now owns 8,682 shares of the company's stock, valued at $387,738.12. The trade was a 31.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Charity Isely sold 2,000 shares of the company's stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $43.73, for a total value of $87,460.00. Following the completion of the transaction, the insider now owns 12,290 shares of the company's stock, valued at $537,441.70. The trade was a 14.00 % 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 company insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in NGVC. 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 valued at $13,331,000 after acquiring an additional 176,361 shares during the last quarter. American Century Companies Inc. lifted its position in Natural Grocers by Vitamin Cottage by 28.3% in 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 last quarter. Geode Capital Management LLC boosted its stake in shares of Natural Grocers by Vitamin Cottage by 11.4% during the third quarter. Geode Capital Management LLC now owns 219,301 shares of the specialty retailer's stock valued at $6,513,000 after purchasing an additional 22,413 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Natural Grocers by Vitamin Cottage by 75.5% during the third quarter. JPMorgan Chase & Co. now owns 49,410 shares of the specialty retailer's stock valued at $1,467,000 after purchasing an additional 21,257 shares during the period. Finally, Inspire Investing LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the second quarter worth approximately $353,000. 31.99% of the stock is owned by hedge funds and other institutional investors.

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.