Federated Hermes Inc. Increases Stock Position in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)

Federated Hermes Inc. lifted its stake in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 219.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,447 shares of the specialty retailer's stock after buying an additional 11,292 shares during the period. Federated Hermes Inc. owned about 0.07% of Natural Grocers by Vitamin Cottage worth $653,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Golden State Wealth Management LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. bought a new stake in shares of Natural Grocers by Vitamin Cottage during the 4th quarter worth $28,000. Human Investing LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage in the 4th quarter worth about $40,000. Van ECK Associates Corp boosted its holdings in shares of 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 worth $91,000 after buying an additional 575 shares during the last quarter. Finally, PFG Investments LLC bought a new position in Natural Grocers by Vitamin Cottage during the fourth quarter valued at about $224,000. Institutional investors own 31.99% of the company's stock.

Natural Grocers by Vitamin Cottage Stock Performance

Natural Grocers by Vitamin Cottage stock traded up $1.80 during trading on Tuesday, hitting $48.21. The stock had a trading volume of 141,141 shares, compared to its average volume of 107,750. The stock's 50 day moving average is $42.28 and its two-hundred day moving average is $39.44. Natural Grocers by Vitamin Cottage, Inc. has a 1 year low of $15.82 and a 1 year high of $50.91. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 30.71 and a beta of 1.73. 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 - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 21.12% and a net margin of 2.84%. As a group, 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 firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.48 annualized dividend and a yield of 1.00%. Natural Grocers by Vitamin Cottage's payout ratio is 30.57%.

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 research note on Monday, January 13th.

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.