Natural Grocers by Vitamin Cottage (NYSE:NGVC) Sets New 52-Week High – What’s Next?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) reached a new 52-week high during trading on Wednesday . The stock traded as high as $47.89 and last traded at $47.48, with a volume of 59230 shares traded. The stock had previously closed at $46.43.

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 report on Monday, January 13th.

Natural Grocers by Vitamin Cottage Trading Down 1.2 %

The firm has a market capitalization of $1.14 billion, a P/E ratio of 33.53 and a beta of 1.43. The company has a current ratio of 0.90, a quick ratio of 0.16 and a debt-to-equity ratio of 0.25. The stock has a 50-day simple moving average of $41.83 and a two-hundred day simple moving average of $33.05.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its quarterly earnings results 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 2.73% and a return on equity of 20.70%. On average, equities research analysts anticipate that Natural Grocers by Vitamin Cottage, Inc. will post 1.56 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be given 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 yield of 0.97%. Natural Grocers by Vitamin Cottage’s dividend payout ratio is currently 32.43%.

Insider Transactions at Natural Grocers by Vitamin Cottage

In other news, insider Charity Isely sold 2,000 shares of the business’s stock in a transaction that occurred on 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 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 link. Also, insider Lark Isely sold 4,000 shares of the company’s stock in a transaction 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 owns 8,682 shares of the company’s stock, valued at $387,738.12. This represents a 31.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 58.80% of the company’s stock.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

A number of institutional investors have recently added to or reduced their stakes in NGVC. Golden State Wealth Management LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage during the 4th quarter worth approximately $27,000. Human Investing LLC acquired a new position in Natural Grocers by Vitamin Cottage during the 4th quarter worth about $40,000. Van ECK Associates Corp grew its position in Natural Grocers by Vitamin Cottage by 33.3% in the 4th quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer’s stock valued at $91,000 after acquiring an additional 575 shares in the last quarter. Virtus Investment Advisers Inc. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the third quarter worth about $126,000. Finally, CreativeOne Wealth LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter worth $202,000. Hedge funds and other institutional investors own 31.99% of the company’s stock.

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.