First Eagle Investment Management LLC Trims Stock Holdings in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

First Eagle Investment Management LLC reduced its stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,637 shares of the specialty retailer’s stock after selling 350 shares during the quarter. First Eagle Investment Management LLC’s holdings in Natural Grocers by Vitamin Cottage were worth $3,441,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in NGVC. Janney Montgomery Scott LLC lifted its position in shares of Natural Grocers by Vitamin Cottage by 3.2% in the third quarter. Janney Montgomery Scott LLC now owns 36,781 shares of the specialty retailer’s stock valued at $1,092,000 after acquiring an additional 1,150 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the third quarter valued at $361,000. Connor Clark & Lunn Investment Management Ltd. lifted its position in Natural Grocers by Vitamin Cottage by 36.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 26,802 shares of the specialty retailer’s stock worth $796,000 after buying an additional 7,210 shares during the period. Kingsview Wealth Management LLC purchased a new position in Natural Grocers by Vitamin Cottage during the third quarter worth about $421,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Natural Grocers by Vitamin Cottage during the third quarter worth about $430,000. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

Natural Grocers by Vitamin Cottage Stock Performance

Shares of NYSE:NGVC opened at $36.53 on Friday. The firm has a market capitalization of $837.58 million, a PE ratio of 23.26 and a beta of 1.34. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.15. The business has a 50-day moving average of $42.72 and a two-hundred day moving average of $36.52. Natural Grocers by Vitamin Cottage, Inc. has a 12 month low of $15.82 and a 12 month high of $50.91.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings results on Thursday, February 6th. The specialty retailer reported $0.43 EPS for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. As a group, research analysts forecast 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 announced a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be paid a $0.12 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.31%. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is currently 30.57%.

Wall Street Analysts Forecast Growth

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

Natural Grocers by Vitamin Cottage 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.