Natural Grocers by Vitamin Cottage (NYSE:NGVC) Stock Price Up 4.8%

Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) rose 4.8% during mid-day trading on Monday . The company traded as high as $29.26 and last traded at $29.26. Approximately 73,220 shares were traded during trading, an increase of 4% from the average daily volume of 70,325 shares. The stock had previously closed at $27.93.

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 report on Friday, August 9th.

Natural Grocers by Vitamin Cottage Trading Up 6.3 %

The business’s 50 day moving average price is $25.98 and its two-hundred day moving average price is $21.80. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96. The company has a market capitalization of $676.69 million, a price-to-earnings ratio of 23.28 and a beta of 1.21.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its quarterly earnings results on Thursday, August 8th. The specialty retailer reported $0.40 earnings per share (EPS) for the quarter. The company had revenue of $309.08 million for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 18.89% and a net margin of 2.54%. Equities analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.31 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Tuesday, September 3rd were paid a $0.10 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a $0.40 annualized dividend and a dividend yield of 1.35%. Natural Grocers by Vitamin Cottage’s dividend payout ratio is currently 31.75%.

Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage

Several large investors have recently modified their holdings of NGVC. EntryPoint Capital LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage in the 1st quarter valued at $36,000. State Board of Administration of Florida Retirement System acquired a new stake in Natural Grocers by Vitamin Cottage in the first quarter valued at approximately $216,000. Quadrature Capital Ltd bought a new stake in shares of Natural Grocers by Vitamin Cottage during the 4th quarter worth about $349,000. Inspire Investing LLC acquired a new position in Natural Grocers by Vitamin Cottage during the second quarter valued at approximately $353,000. Finally, Janney Montgomery Scott LLC grew its stake in Natural Grocers by Vitamin Cottage by 11.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 31,607 shares of the specialty retailer’s stock valued at $506,000 after buying an additional 3,311 shares during the last quarter. 31.99% of the stock is owned by institutional investors.

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.