Natural Grocers by Vitamin Cottage (NYSE:NGVC) Stock Price Crosses Above 200-Day Moving Average of $11.62

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $11.62 and traded as high as $12.81. Natural Grocers by Vitamin Cottage shares last traded at $12.45, with a volume of 30,973 shares changing hands.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on NGVC shares. TheStreet raised shares of Natural Grocers by Vitamin Cottage from a “c+” rating to a “b-” rating in a report on Wednesday, June 14th. StockNews.com began coverage on shares of Natural Grocers by Vitamin Cottage in a report on Thursday, August 17th. They set a “strong-buy” rating on the stock.

Natural Grocers by Vitamin Cottage Stock Down 1.3 %

The stock has a market cap of $283.11 million, a price-to-earnings ratio of 14.65 and a beta of 1.02. The company has a current ratio of 1.03, a quick ratio of 0.17 and a debt-to-equity ratio of 0.34. The stock’s 50-day moving average price is $12.63 and its 200-day moving average price is $11.62.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its earnings results on Thursday, August 3rd. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter. The business had revenue of $281.79 million for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 1.74% and a return on equity of 12.62%. On average, sell-side analysts expect that Natural Grocers by Vitamin Cottage, Inc. will post 0.9 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 13th. Investors of record on Monday, August 28th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend is Friday, August 25th. Natural Grocers by Vitamin Cottage’s dividend payout ratio is presently 47.06%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC raised its holdings in shares of Natural Grocers by Vitamin Cottage by 315.1% in the third 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. PNC Financial Services Group Inc. raised its holdings in shares of 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 valued at $39,000 after purchasing an additional 1,480 shares during the last quarter. Citigroup Inc. raised its holdings in shares of Natural Grocers by Vitamin Cottage by 269.0% in the second quarter. Citigroup Inc. now owns 3,181 shares of the specialty retailer’s stock valued at $39,000 after purchasing an additional 2,319 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Natural Grocers by Vitamin Cottage by 78.6% in the second quarter. Wells Fargo & Company MN now owns 4,050 shares of the specialty retailer’s stock valued at $50,000 after purchasing an additional 1,782 shares during the last quarter. Finally, Denali Advisors LLC raised its holdings in shares of Natural Grocers by Vitamin Cottage by 93.8% in the fourth quarter. Denali Advisors LLC now owns 6,200 shares of the specialty retailer’s stock valued at $57,000 after purchasing an additional 3,000 shares during the last quarter. Institutional investors and hedge funds own 31.26% 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; bulk food products; private label products comprising pasta, pasta sauce, ketchup, canned beans and vegetables, frozen vegetables, frozen fruits, frozen meals, frozen pizza, bread, baking mixes, plant based butter, olive and coconut oil, coconut milk, honey, maple syrup, preserves, chocolate, coffee, bacon, beef jerky, canned seafood, popcorn, tortilla chips, taco shells, eggs, cheese, apple sauce, apple cider vinegar, spring water, paper products, cleaning products, and other products; 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.