Nkcfo LLC Makes New $397,000 Investment in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Nkcfo LLC acquired a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,000 shares of the specialty retailer's stock, valued at approximately $397,000.

A number of other hedge funds have also recently added to or reduced their stakes in NGVC. Golden State Wealth Management LLC acquired a new stake in Natural Grocers by Vitamin Cottage in the fourth quarter valued at about $27,000. Van ECK Associates Corp lifted its position in Natural Grocers by Vitamin Cottage by 33.3% in the fourth quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer's stock valued at $91,000 after purchasing an additional 575 shares during the period. Virtus Investment Advisers Inc. acquired a new stake in Natural Grocers by Vitamin Cottage in the third quarter valued at about $126,000. CreativeOne Wealth LLC acquired a new stake in Natural Grocers by Vitamin Cottage in the third quarter valued at about $202,000. Finally, Hancock Whitney Corp acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter valued at approximately $214,000. Institutional investors and hedge funds own 31.99% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Natural Grocers by Vitamin Cottage from a "strong-buy" rating to a "buy" rating in a research report on Monday, January 13th.

Natural Grocers by Vitamin Cottage Price Performance

Shares of NGVC stock traded up $0.32 during midday trading on Wednesday, reaching $49.16. 91,735 shares of the company traded hands, compared to its average volume of 143,389. The firm's 50 day simple moving average is $42.60 and its two-hundred day simple moving average is $34.58. Natural Grocers by Vitamin Cottage, Inc. has a 1-year low of $14.70 and a 1-year high of $50.91. 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 firm has a market cap of $1.13 billion, a PE ratio of 31.31 and a beta of 1.43.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last posted 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 net margin of 2.84% and a return on equity of 21.12%. On average, equities research analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.98%. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is 30.57%.

Insider Transactions at Natural Grocers by Vitamin Cottage

In other news, insider Charity Isely sold 2,000 shares of the firm'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 transaction, the insider now directly owns 12,290 shares of the company's stock, valued at $537,441.70. This trade represents a 14.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Lark Isely sold 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $44.66, for a total transaction of $178,640.00. Following the transaction, the insider now directly owns 8,682 shares of the company's stock, valued at approximately $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. Corporate insiders own 58.80% of the company's stock.

About Natural Grocers by Vitamin Cottage

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.