Natural Grocers by Vitamin Cottage (NYSE:NGVC) Trading Up 2.6% – Should You Buy?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s share price shot up 2.6% on Monday . The company traded as high as $38.66 and last traded at $39.10. 31,874 shares were traded during trading, a decline of 68% from the average session volume of 99,454 shares. The stock had previously closed at $38.12.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded 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 Up 1.2 %

The company has a market cap of $954.16 million, a price-to-earnings ratio of 26.50 and a beta of 1.34. The company has a quick ratio of 0.15, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The business’s fifty day simple moving average is $42.38 and its two-hundred day simple moving average is $37.58.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its quarterly earnings data 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 analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were issued a $0.12 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.15%. Natural Grocers by Vitamin Cottage’s payout ratio is 30.57%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of NGVC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Natural Grocers by Vitamin Cottage by 4.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,366 shares of the specialty retailer’s stock valued at $213,000 after buying an additional 228 shares during the period. Van ECK Associates Corp raised its holdings in Natural Grocers by Vitamin Cottage by 33.3% during the fourth quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer’s stock worth $91,000 after purchasing an additional 575 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in Natural Grocers by Vitamin Cottage during the fourth quarter worth $27,000. Empowered Funds LLC raised its position in Natural Grocers by Vitamin Cottage by 4.6% in the fourth quarter. Empowered Funds LLC now owns 15,487 shares of the specialty retailer’s stock worth $615,000 after acquiring an additional 675 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the 4th quarter worth $28,000. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

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.