Natural Grocers by Vitamin Cottage (NYSE:NGVC) Shares Down 5.6% - What's Next?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report)'s stock price was down 5.6% on Wednesday . The stock traded as low as $40.01 and last traded at $39.48. Approximately 41,415 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 152,502 shares. The stock had previously closed at $41.80.

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 Monday, January 13th.

Natural Grocers by Vitamin Cottage Trading Down 1.9 %

The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.15. The company has a market cap of $847.37 million, a price-to-earnings ratio of 23.54 and a beta of 1.34. The business's 50-day simple moving average is $43.09 and its 200-day simple moving average is $36.20.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last announced its 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 net margin of 2.84% and a return on equity of 21.12%. Research analysts predict 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Monday, March 3rd. Natural Grocers by Vitamin Cottage's dividend payout ratio is presently 30.57%.

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 business's stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 12,290 shares in the company, valued at $537,441.70. The trade was a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 58.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage

Several institutional investors have recently bought and sold shares of NGVC. Janney Montgomery Scott LLC grew its stake in Natural Grocers by Vitamin Cottage by 3.2% during the third quarter. Janney Montgomery Scott LLC now owns 36,781 shares of the specialty retailer's stock worth $1,092,000 after buying an additional 1,150 shares during the period. Privium Fund Management B.V. purchased a new stake in Natural Grocers by Vitamin Cottage during the third quarter worth approximately $326,000. Segall Bryant & Hamill LLC purchased a new stake in Natural Grocers by Vitamin Cottage during the third quarter worth approximately $361,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in Natural Grocers by Vitamin Cottage by 36.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 26,802 shares of the specialty retailer's stock worth $796,000 after buying an additional 7,210 shares during the period. Finally, Kingsview Wealth Management LLC purchased a new stake in Natural Grocers by Vitamin Cottage during the third quarter worth approximately $421,000. 31.99% of the stock is currently 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.