Nkcfo LLC Acquires New Position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Nkcfo LLC bought a new position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,000 shares of the specialty retailer’s stock, valued at approximately $397,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Golden State Wealth Management LLC acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the fourth quarter worth $27,000. Van ECK Associates Corp increased its stake in shares of Natural Grocers by Vitamin Cottage by 33.3% in the 4th quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer’s stock valued at $91,000 after acquiring an additional 575 shares during the last quarter. Virtus Investment Advisers Inc. acquired a new stake in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter valued at approximately $126,000. PFG Investments LLC bought a new position in Natural Grocers by Vitamin Cottage during the 4th quarter worth approximately $224,000. Finally, CreativeOne Wealth LLC acquired a new position in Natural Grocers by Vitamin Cottage during the third quarter valued at approximately $202,000. Institutional investors own 31.99% of the company’s stock.

Natural Grocers by Vitamin Cottage Stock Down 1.9 %

Shares of Natural Grocers by Vitamin Cottage stock opened at $48.86 on Friday. The company has a market capitalization of $1.12 billion, a P/E ratio of 31.12 and a beta of 1.43. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.90 and a quick ratio of 0.16. The business has a 50-day moving average of $42.26 and a two-hundred day moving average of $34.10. Natural Grocers by Vitamin Cottage, Inc. has a 1 year low of $14.70 and a 1 year high of $50.91.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its earnings results on Thursday, February 6th. The specialty retailer reported $0.43 EPS for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.58%. As a group, equities analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.56 EPS for the current year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Monday, March 3rd. Natural Grocers by Vitamin Cottage’s payout ratio is presently 30.57%.

Insiders Place Their Bets

In other news, insider Lark Isely sold 4,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total value of $178,640.00. Following the sale, the insider now directly owns 8,682 shares in the company, valued at $387,738.12. This trade represents a 31.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Charity Isely sold 2,000 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $43.73, for a total transaction of $87,460.00. Following the transaction, the insider now owns 12,290 shares of the company’s stock, valued at $537,441.70. The trade was a 14.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 58.80% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 13th.

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.