State Street Corp Acquires 1,983 Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

State Street Corp increased its stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 1.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 193,350 shares of the specialty retailer’s stock after purchasing an additional 1,983 shares during the quarter. State Street Corp owned 0.85% of Natural Grocers by Vitamin Cottage worth $5,741,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. CreativeOne Wealth LLC bought a new stake in Natural Grocers by Vitamin Cottage during the third quarter valued at about $202,000. Hancock Whitney Corp acquired a new position in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter valued at $214,000. Privium Fund Management B.V. purchased a new position in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter valued at about $326,000. Segall Bryant & Hamill LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter worth approximately $361,000. Finally, Martingale Asset Management L P grew its position in shares of Natural Grocers by Vitamin Cottage by 24.3% in the third quarter. Martingale Asset Management L P now owns 13,312 shares of the specialty retailer’s stock valued at $395,000 after purchasing an additional 2,600 shares during the period. Institutional investors own 31.99% of the company’s stock.

Insider Buying and Selling at Natural Grocers by Vitamin Cottage

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 4,000 shares of the business’s stock in a transaction 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 completion of the transaction, the insider now owns 8,682 shares in the company, valued at $387,738.12. The trade was a 31.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Charity Isely sold 2,000 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $43.73, for a total value of $87,460.00. Following the completion of the sale, the insider now directly owns 12,290 shares in the company, valued at $537,441.70. This represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. 59.40% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a report on Friday, November 22nd.

Natural Grocers by Vitamin Cottage Stock Down 2.5 %

NGVC stock opened at $39.28 on Friday. Natural Grocers by Vitamin Cottage, Inc. has a one year low of $14.31 and a one year high of $47.56. 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 firm has a market cap of $899.75 million, a PE ratio of 26.54 and a beta of 1.40. The firm’s 50 day moving average price is $36.95 and its 200-day moving average price is $29.08.

Natural Grocers by Vitamin Cottage Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, December 2nd were issued a $0.12 dividend. This is a positive change from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 1.22%. The ex-dividend date was Monday, December 2nd. Natural Grocers by Vitamin Cottage’s payout ratio is 32.43%.

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.