Segall Bryant & Hamill LLC acquired a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 12,168 shares of the specialty retailer's stock, valued at approximately $361,000. Segall Bryant & Hamill LLC owned about 0.05% of Natural Grocers by Vitamin Cottage at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp increased its position in Natural Grocers by Vitamin Cottage by 0.5% during the second quarter. Bank of New York Mellon Corp now owns 178,328 shares of the specialty retailer's stock worth $3,781,000 after purchasing an additional 937 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Natural Grocers by Vitamin Cottage by 3.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 36,781 shares of the specialty retailer's stock valued at $1,092,000 after buying an additional 1,150 shares during the period. EntryPoint Capital LLC acquired a new position in Natural Grocers by Vitamin Cottage in the first quarter valued at approximately $36,000. Linden Thomas Advisory Services LLC grew its position in Natural Grocers by Vitamin Cottage by 8.0% in the second quarter. Linden Thomas Advisory Services LLC now owns 40,628 shares of the specialty retailer's stock worth $861,000 after acquiring an additional 3,018 shares during the period. Finally, Vanguard Group Inc. increased its stake in Natural Grocers by Vitamin Cottage by 0.5% during the first quarter. Vanguard Group Inc. now owns 636,658 shares of the specialty retailer's stock worth $11,492,000 after acquiring an additional 3,375 shares during the last quarter. 31.99% of the stock is owned by hedge funds and other institutional investors.
Natural Grocers by Vitamin Cottage Trading Up 3.0 %
NGVC stock traded up $1.38 during mid-day trading on Monday, hitting $46.98. 240,661 shares of the company were exchanged, compared to its average volume of 76,243. Natural Grocers by Vitamin Cottage, Inc. has a 12-month low of $14.31 and a 12-month high of $47.32. The firm has a market capitalization of $1.07 billion, a P/E ratio of 31.74 and a beta of 1.23. The business has a fifty day simple moving average of $29.36 and a 200-day simple moving average of $25.34. The company has a quick ratio of 0.18, a current ratio of 0.96 and a debt-to-equity ratio of 0.36.
Natural Grocers by Vitamin Cottage Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Monday, December 2nd will be paid a $0.12 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This is a boost 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 dividend yield of 1.02%. Natural Grocers by Vitamin Cottage's payout ratio is presently 27.03%.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Natural Grocers by Vitamin Cottage from a "buy" rating to a "strong-buy" rating in a research note on Friday.
Get Our Latest Stock Analysis on Natural Grocers by Vitamin Cottage
Natural Grocers by Vitamin Cottage Profile
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Free Report)
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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