Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Stock Holdings Decreased by Empowered Funds LLC

Empowered Funds LLC lessened its stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 70.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,812 shares of the specialty retailer’s stock after selling 35,696 shares during the quarter. Empowered Funds LLC owned approximately 0.06% of Natural Grocers by Vitamin Cottage worth $440,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. EntryPoint Capital LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the 1st quarter worth about $36,000. State Board of Administration of Florida Retirement System acquired a new stake in Natural Grocers by Vitamin Cottage during the first quarter worth about $216,000. Privium Fund Management B.V. bought a new position in Natural Grocers by Vitamin Cottage in the third quarter worth about $326,000. Inspire Investing LLC acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the 2nd quarter worth approximately $353,000. Finally, Quadrature Capital Ltd lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 45.1% in the 1st quarter. Quadrature Capital Ltd now owns 31,639 shares of the specialty retailer’s stock worth $570,000 after purchasing an additional 9,838 shares during the last quarter. Institutional investors own 31.99% of the company’s stock.

Natural Grocers by Vitamin Cottage Price Performance

Shares of NYSE:NGVC opened at $45.60 on Monday. The company has a market capitalization of $1.04 billion, a PE ratio of 30.81 and a beta of 1.23. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96. The stock has a fifty day moving average of $29.36 and a 200-day moving average of $25.34. Natural Grocers by Vitamin Cottage, Inc. has a one year low of $14.31 and a one year high of $45.61.

Natural Grocers by Vitamin Cottage Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.12 per share. The ex-dividend date is Monday, December 2nd. This is an increase from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.05%. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is 27.03%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a research report on Friday.

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.