Bosun Asset Management LLC Purchases New Position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Bosun Asset Management LLC bought a new stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,505 shares of the specialty retailer's stock, valued at approximately $735,000. Bosun Asset Management LLC owned about 0.08% of Natural Grocers by Vitamin Cottage as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in shares of 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 valued at about $28,000. Human Investing LLC purchased a new stake in Natural Grocers by Vitamin Cottage in the fourth quarter valued at about $40,000. Van ECK Associates Corp boosted its holdings in Natural Grocers by Vitamin Cottage by 33.3% in the fourth quarter. Van ECK Associates Corp now owns 2,301 shares of the specialty retailer's stock worth $91,000 after acquiring an additional 575 shares in the last quarter. Finally, PFG Investments LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the fourth quarter worth about $224,000. Hedge funds and other institutional investors own 31.99% of the company's stock.

Analysts Set New Price Targets

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

Natural Grocers by Vitamin Cottage Stock Performance

Shares of NGVC traded up $13.72 during trading hours on Friday, reaching $59.59. 678,041 shares of the company traded hands, compared to its average volume of 116,160. The business has a fifty day moving average price of $43.48 and a 200-day moving average price of $41.44. Natural Grocers by Vitamin Cottage, Inc. has a 12-month low of $19.20 and a 12-month high of $60.65. The company has a quick ratio of 0.15, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $1.37 billion, a P/E ratio of 37.96 and a beta of 1.62.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last issued its earnings results on Thursday, May 8th. The specialty retailer reported $0.56 EPS for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. The firm had revenue of $335.77 million for the quarter. Equities analysts anticipate that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Tuesday, May 27th will be given a dividend of $0.12 per share. The ex-dividend date is Tuesday, May 27th. This represents a $0.48 dividend on an annualized basis and a yield of 0.81%. Natural Grocers by Vitamin Cottage's dividend payout ratio is presently 30.57%.

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.