Natural Grocers by Vitamin Cottage (NYSE:NGVC) Hits New 1-Year High at $28.32

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s stock price hit a new 52-week high on Friday . The stock traded as high as $28.32 and last traded at $28.32, with a volume of 1322 shares. The stock had previously closed at $27.93.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of 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 Stock Up 1.6 %

The company’s 50 day moving average price is $24.73 and its two-hundred day moving average price is $20.76. The company has a current ratio of 0.96, a quick ratio of 0.18 and a debt-to-equity ratio of 0.36. The firm has a market cap of $647.01 million, a PE ratio of 22.17 and a beta of 1.21.

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

Natural Grocers by Vitamin Cottage Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 18th. Stockholders of record on Tuesday, September 3rd will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Tuesday, September 3rd. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 31.75%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Marshall Wace LLP increased its holdings in shares of Natural Grocers by Vitamin Cottage by 49.3% in the second quarter. Marshall Wace LLP now owns 43,437 shares of the specialty retailer’s stock worth $921,000 after purchasing an additional 14,338 shares during the last quarter. Inspire Investing LLC purchased a new position in Natural Grocers by Vitamin Cottage during the 2nd quarter valued at approximately $353,000. American Century Companies Inc. grew its holdings in Natural Grocers by Vitamin Cottage by 28.3% during the 2nd quarter. American Century Companies Inc. now owns 304,382 shares of the specialty retailer’s stock valued at $6,453,000 after buying an additional 67,187 shares in the last quarter. Ritholtz Wealth Management increased its stake in Natural Grocers by Vitamin Cottage by 21.0% in the 2nd quarter. Ritholtz Wealth Management now owns 28,655 shares of the specialty retailer’s stock worth $607,000 after acquiring an additional 4,980 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its holdings in shares of Natural Grocers by Vitamin Cottage by 14.4% during the 2nd quarter. Panagora Asset Management Inc. now owns 57,533 shares of the specialty retailer’s stock worth $1,220,000 after acquiring an additional 7,254 shares in the last quarter. Institutional investors own 31.99% 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; 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.