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

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) reached a new 52-week high on Friday . The company 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.

Analysts Set New Price Targets

Separately, StockNews.com raised 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 2.5 %

The business has a fifty day simple moving average of $24.99 and a 200 day simple moving average of $20.90. The firm has a market cap of $652.48 million, a price-to-earnings ratio of 22.72 and a beta of 1.21. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 0.18.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its earnings results on Thursday, August 8th. The specialty retailer reported $0.40 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 business had revenue of $309.08 million during the quarter. As a group, equities analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.31 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 18th. Stockholders of record on Tuesday, September 3rd will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.40%. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 31.75%.

Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage

A number of large investors have recently made changes to their positions in the stock. Marshall Wace LLP grew its position 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 valued at $921,000 after purchasing an additional 14,338 shares in the last quarter. Inspire Investing LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the second quarter valued at approximately $353,000. American Century Companies Inc. grew its position in shares of Natural Grocers by Vitamin Cottage by 28.3% in the second quarter. American Century Companies Inc. now owns 304,382 shares of the specialty retailer’s stock valued at $6,453,000 after purchasing an additional 67,187 shares in the last quarter. Ritholtz Wealth Management grew its position in Natural Grocers by Vitamin Cottage by 21.0% in the second 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 period. Finally, Panagora Asset Management Inc. grew its position in Natural Grocers by Vitamin Cottage by 14.4% in the second 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 during the period. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

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.