Inspire Investing LLC Sells 1,462 Shares of Natural Grocers by Vitamin Cottage, Inc. $NGVC

Inspire Investing LLC lessened its stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 14.7% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 8,500 shares of the specialty retailer’s stock after selling 1,462 shares during the period. Inspire Investing LLC’s holdings in Natural Grocers by Vitamin Cottage were worth $342,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northern Trust Corp lifted its position in shares of Natural Grocers by Vitamin Cottage by 12.4% during the 4th quarter. Northern Trust Corp now owns 101,557 shares of the specialty retailer’s stock valued at $4,034,000 after buying an additional 11,225 shares in the last quarter. Bank of America Corp DE raised its stake in Natural Grocers by Vitamin Cottage by 33.0% during the 4th quarter. Bank of America Corp DE now owns 10,570 shares of the specialty retailer’s stock worth $420,000 after acquiring an additional 2,625 shares during the period. Deutsche Bank AG raised its stake in Natural Grocers by Vitamin Cottage by 46.0% during the 4th quarter. Deutsche Bank AG now owns 5,036 shares of the specialty retailer’s stock worth $200,000 after acquiring an additional 1,587 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Natural Grocers by Vitamin Cottage by 4.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,366 shares of the specialty retailer’s stock valued at $213,000 after purchasing an additional 228 shares in the last quarter. Finally, Millennium Management LLC boosted its position in shares of Natural Grocers by Vitamin Cottage by 1,190.6% in the fourth quarter. Millennium Management LLC now owns 162,130 shares of the specialty retailer’s stock worth $6,440,000 after purchasing an additional 149,568 shares during the period. Hedge funds and other institutional investors own 31.99% of the company’s stock.

Insider Activity

In other news, insider Lark Isely sold 2,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $40.00, for a total transaction of $80,000.00. Following the completion of the transaction, the insider directly owned 4,682 shares in the company, valued at approximately $187,280. This represents a 29.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 58.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “hold” rating in a research report on Friday, September 5th.

Natural Grocers by Vitamin Cottage Stock Down 0.1%

Shares of NGVC stock opened at $36.59 on Thursday. The company’s fifty day simple moving average is $38.77 and its two-hundred day simple moving average is $42.17. Natural Grocers by Vitamin Cottage, Inc. has a 52 week low of $24.99 and a 52 week high of $61.22. The stock has a market cap of $839.72 million, a P/E ratio of 19.46 and a beta of 1.61. The company has a quick ratio of 0.21, a current ratio of 1.02 and a debt-to-equity ratio of 0.21.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its quarterly earnings data on Thursday, August 7th. The specialty retailer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. The firm had revenue of $328.71 million during the quarter, compared to analyst estimates of $335.01 million. Natural Grocers by Vitamin Cottage had a return on equity of 23.47% and a net margin of 3.31%. Natural Grocers by Vitamin Cottage has set its FY 2025 guidance at 1.900-1.950 EPS. Analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, September 2nd. Natural Grocers by Vitamin Cottage’s dividend payout ratio is 25.53%.

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.