Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report) shares were down 5.3% during trading on Monday . The stock traded as low as $47.04 and last traded at $46.92. Approximately 81,783 shares changed hands during trading, a decline of 37% from the average daily volume of 130,601 shares. The stock had previously closed at $49.54.
Analyst Ratings Changes
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 Monday, January 13th.
Check Out Our Latest Analysis on Natural Grocers by Vitamin Cottage
Natural Grocers by Vitamin Cottage Price Performance
The company's fifty day moving average is $42.26 and its two-hundred day moving average is $34.04. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 31.12 and a beta of 1.43. The company has a quick ratio of 0.16, a current ratio of 0.90 and a debt-to-equity ratio of 0.25.
Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.58%. Equities research analysts anticipate that Natural Grocers by Vitamin Cottage, Inc. will post 1.56 earnings per share for the current fiscal year.
Natural Grocers by Vitamin Cottage Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be issued a $0.12 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.48 annualized dividend and a yield of 0.98%. Natural Grocers by Vitamin Cottage's dividend payout ratio is currently 30.57%.
Insider Activity at Natural Grocers by Vitamin Cottage
In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 4,000 shares of the stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total value of $178,640.00. Following the sale, the insider now directly owns 8,682 shares in the company, valued at approximately $387,738.12. This trade represents a 31.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Charity Isely sold 2,000 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $43.73, for a total transaction of $87,460.00. Following the completion of the sale, the insider now owns 12,290 shares in the company, valued at approximately $537,441.70. This trade represents a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 58.80% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage
Hedge funds have recently bought and sold shares of the company. Lord Abbett & CO. LLC increased its position in shares of Natural Grocers by Vitamin Cottage by 64.7% during the third 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 in the last quarter. Marshall Wace LLP increased its position in shares of 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 acquiring an additional 175,545 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of Natural Grocers by Vitamin Cottage during the fourth quarter worth $5,444,000. Tudor Investment Corp ET AL increased its position in shares of Natural Grocers by Vitamin Cottage by 210.3% during the fourth quarter. Tudor Investment Corp ET AL now owns 80,822 shares of the specialty retailer's stock worth $3,210,000 after acquiring an additional 54,773 shares in the last quarter. Finally, American Century Companies Inc. increased its position in shares of Natural Grocers by Vitamin Cottage by 13.2% during the fourth quarter. American Century Companies Inc. now owns 444,596 shares of the specialty retailer's stock worth $17,659,000 after acquiring an additional 51,727 shares in the last quarter. 31.99% of the stock is currently owned by institutional investors and hedge funds.
About Natural Grocers by Vitamin Cottage
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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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