Janney Montgomery Scott LLC Raises Holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Janney Montgomery Scott LLC grew its position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC – Get Rating) by 8.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,740 shares of the specialty retailer’s stock after purchasing an additional 1,542 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.09% of Natural Grocers by Vitamin Cottage worth $180,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of NGVC. PNC Financial Services Group Inc. boosted its holdings in Natural Grocers by Vitamin Cottage by 285.7% in the first quarter. PNC Financial Services Group Inc. now owns 1,998 shares of the specialty retailer’s stock worth $39,000 after acquiring an additional 1,480 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Natural Grocers by Vitamin Cottage by 315.1% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,478 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 1,881 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the third quarter worth approximately $111,000. Jump Financial LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the third quarter worth approximately $114,000. Finally, JPMorgan Chase & Co. increased its holdings in Natural Grocers by Vitamin Cottage by 146.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,691 shares of the specialty retailer’s stock worth $170,000 after purchasing an additional 6,361 shares during the period. 32.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a report on Monday.

Natural Grocers by Vitamin Cottage Stock Performance

Shares of NGVC opened at $11.24 on Thursday. The stock has a 50-day moving average of $10.95 and a two-hundred day moving average of $10.46. Natural Grocers by Vitamin Cottage, Inc. has a one year low of $8.00 and a one year high of $19.36. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.21 and a current ratio of 1.04. The stock has a market cap of $255.49 million, a P/E ratio of 15.83 and a beta of 1.04.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 14th. Shareholders of record on Tuesday, May 30th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, May 26th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.56%. Natural Grocers by Vitamin Cottage’s payout ratio is currently 56.34%.

Natural Grocers by Vitamin Cottage Profile

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Natural Grocers by Vitamin Cottage, Inc engages in the retail of natural and organic groceries and dietary supplements. Its products include natural & organic food, dietary supplements, natural body care, household, and pet care products. The company was founded by Margaret Isely and Henry Philip Isely in 1955 and is headquartered in Lakewood, CO.