Geode Capital Management LLC Purchases 22,413 Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Geode Capital Management LLC boosted its position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 11.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 219,301 shares of the specialty retailer’s stock after acquiring an additional 22,413 shares during the quarter. Geode Capital Management LLC owned 0.96% of Natural Grocers by Vitamin Cottage worth $6,513,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC bought a new position in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter worth approximately $361,000. Dynamic Technology Lab Private Ltd bought a new stake in Natural Grocers by Vitamin Cottage in the 3rd quarter valued at $430,000. State Street Corp lifted its holdings in Natural Grocers by Vitamin Cottage by 1.0% during the 3rd quarter. State Street Corp now owns 193,350 shares of the specialty retailer’s stock valued at $5,741,000 after purchasing an additional 1,983 shares during the last quarter. FMR LLC boosted its position in Natural Grocers by Vitamin Cottage by 31.5% during the third quarter. FMR LLC now owns 54,115 shares of the specialty retailer’s stock worth $1,607,000 after purchasing an additional 12,975 shares during the period. Finally, Kingsview Wealth Management LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter valued at $421,000. Institutional investors and hedge funds own 31.99% of the company’s stock.

Wall Street Analyst Weigh In

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

Natural Grocers by Vitamin Cottage Trading Up 0.4 %

Shares of NYSE:NGVC opened at $41.45 on Friday. Natural Grocers by Vitamin Cottage, Inc. has a 12-month low of $14.31 and a 12-month high of $47.56. The business has a 50 day moving average of $38.32 and a 200-day moving average of $29.76. The company has a quick ratio of 0.18, a current ratio of 0.96 and a debt-to-equity ratio of 0.36. The stock has a market cap of $949.45 million, a PE ratio of 28.01 and a beta of 1.40.

Natural Grocers by Vitamin Cottage Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, December 2nd were paid a $0.12 dividend. The ex-dividend date of this dividend was 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 annualized dividend and a yield of 1.16%. Natural Grocers by Vitamin Cottage’s payout ratio is 32.43%.

Insider Buying and Selling at Natural Grocers by Vitamin Cottage

In other Natural Grocers by Vitamin Cottage news, insider Charity Isely sold 2,000 shares of the business’s 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 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Lark Isely sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $44.66, for a total transaction of $178,640.00. Following the transaction, the insider now owns 8,682 shares in the company, valued at approximately $387,738.12. The trade was a 31.54 % decrease in their position. The disclosure for this sale can be found here. Insiders own 59.40% of the company’s stock.

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.