Balyasny Asset Management L.P. Takes Position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Balyasny Asset Management L.P. purchased a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 17,122 shares of the specialty retailer's stock, valued at approximately $680,000. Balyasny Asset Management L.P. owned 0.07% of Natural Grocers by Vitamin Cottage as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Golden State Wealth Management LLC acquired a new position in Natural Grocers by Vitamin Cottage during the fourth quarter worth $27,000. Meeder Asset Management Inc. acquired a new position in Natural Grocers by Vitamin Cottage during the 4th quarter worth about $28,000. Human Investing LLC purchased a new position in Natural Grocers by Vitamin Cottage during the 4th quarter valued at about $40,000. Van ECK Associates Corp grew its position in Natural Grocers by Vitamin Cottage by 33.3% in the 4th quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer's stock valued at $91,000 after acquiring an additional 575 shares in the last quarter. Finally, PFG Investments LLC purchased a new stake in Natural Grocers by Vitamin Cottage during the fourth quarter worth about $224,000. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Natural Grocers by Vitamin Cottage Stock Down 0.9%

Shares of NYSE NGVC traded down $0.48 during midday trading on Monday, hitting $51.06. The company's stock had a trading volume of 181,408 shares, compared to its average volume of 119,066. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.15. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 32.52 and a beta of 1.62. The business's fifty day simple moving average is $44.88 and its two-hundred day simple moving average is $42.49. Natural Grocers by Vitamin Cottage, Inc. has a 1 year low of $20.00 and a 1 year high of $61.22.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The specialty retailer reported $0.56 EPS for the quarter, beating the consensus estimate of $0.42 by $0.14. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.12%. The company had revenue of $335.77 million during the quarter, compared to analysts' expectations of $329.66 million. On average, equities analysts predict that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Tuesday, May 27th will be issued a dividend of $0.12 per share. The ex-dividend date is Tuesday, May 27th. This represents a $0.48 annualized dividend and a yield of 0.94%. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is 26.97%.

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.