Envestnet Asset Management Inc. Has $329,000 Holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Envestnet Asset Management Inc. decreased its holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 40.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,287 shares of the specialty retailer’s stock after selling 5,564 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Natural Grocers by Vitamin Cottage were worth $329,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Golden State Wealth Management LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the fourth quarter valued at about $27,000. Meeder Asset Management Inc. bought a new position in shares of Natural Grocers by Vitamin Cottage in the fourth quarter worth about $28,000. Human Investing LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage during the fourth quarter worth approximately $40,000. Van ECK Associates Corp grew its stake in shares of 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 valued at $91,000 after purchasing an additional 575 shares during the last quarter. Finally, PFG Investments LLC acquired a new stake in shares of Natural Grocers by Vitamin Cottage in the fourth quarter valued at approximately $224,000. Institutional investors and hedge funds own 31.99% of the company’s stock.

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 Stock Performance

Shares of NYSE:NGVC opened at $49.13 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28. Natural Grocers by Vitamin Cottage, Inc. has a 1-year low of $17.65 and a 1-year high of $52.69. The stock has a market capitalization of $1.13 billion, a P/E ratio of 31.29 and a beta of 1.62. The business has a 50-day moving average price of $42.95 and a two-hundred day moving average price of $41.02.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted 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 2.84% and a return on equity of 21.12%. Equities analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 earnings per share for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were given a $0.12 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.48 annualized dividend and a dividend yield of 0.98%. Natural Grocers by Vitamin Cottage’s dividend payout ratio is currently 30.57%.

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.