Bank of New York Mellon Corp Sells 62,947 Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Bank of New York Mellon Corp lowered its position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 34.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 119,138 shares of the specialty retailer’s stock after selling 62,947 shares during the quarter. Bank of New York Mellon Corp owned 0.52% of Natural Grocers by Vitamin Cottage worth $4,732,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Golden State Wealth Management LLC bought a new stake in shares of Natural Grocers by Vitamin Cottage during the 4th quarter worth $27,000. Human Investing LLC bought a new stake in Natural Grocers by Vitamin Cottage in the fourth quarter valued at $40,000. Van ECK Associates Corp increased its position in shares of Natural Grocers by Vitamin Cottage by 33.3% during the fourth quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer’s stock valued at $91,000 after buying an additional 575 shares during the period. Virtus Investment Advisers Inc. purchased a new stake in Natural Grocers by Vitamin Cottage in the third quarter worth about $126,000. Finally, CreativeOne Wealth LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter worth approximately $202,000. Hedge funds and other institutional investors own 31.99% of the company’s stock.

Analyst Upgrades and Downgrades

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

Natural Grocers by Vitamin Cottage Stock Up 3.3 %

NGVC opened at $37.83 on Tuesday. The firm has a 50-day simple moving average of $42.65 and a two-hundred day simple moving average of $36.68. Natural Grocers by Vitamin Cottage, Inc. has a 52 week low of $15.82 and a 52 week high of $50.91. The company has a market capitalization of $867.48 million, a PE ratio of 24.10 and a beta of 1.34. The company has a quick ratio of 0.15, a current ratio of 0.96 and a debt-to-equity ratio of 0.28.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its earnings results on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.12%. Analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Monday, March 3rd. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 30.57%.

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.