Algert Global LLC Invests $1.15 Million in Natural Grocers by Vitamin Cottage, Inc. $NGVC

Key Points

• Algert Global LLC acquired 28,625 shares of Natural Grocers by Vitamin Cottage, Inc. for approximately $1.15 million, holding 0.12% of the company as of the latest reporting period.
• Natural Grocers recently reported an EPS of $0.50 for the last quarter, exceeding analysts' expectations, and set a guidance of $1.900-1.950 EPS for FY 2025.
• A quarterly dividend of $0.12 per share has been declared, with a dividend yield of 1.2% and a current payout ratio of 25.53%.

Algert Global LLC acquired a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 28,625 shares of the specialty retailer's stock, valued at approximately $1,151,000. Algert Global LLC owned 0.12% of Natural Grocers by Vitamin Cottage at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Natural Grocers by Vitamin Cottage by 9.8% during the first quarter. Vanguard Group Inc. now owns 757,084 shares of the specialty retailer's stock worth $30,435,000 after purchasing an additional 67,793 shares during the period. Lord Abbett & CO. LLC lifted its position in shares of Natural Grocers by Vitamin Cottage by 24.1% in the first quarter. Lord Abbett & CO. LLC now owns 497,268 shares of the specialty retailer's stock valued at $19,990,000 after buying an additional 96,678 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Natural Grocers by Vitamin Cottage by 5.0% during the 1st quarter. American Century Companies Inc. now owns 466,810 shares of the specialty retailer's stock worth $18,766,000 after acquiring an additional 22,214 shares during the period. Victory Capital Management Inc. acquired a new position in shares of Natural Grocers by Vitamin Cottage during the 1st quarter worth approximately $14,006,000. Finally, Millennium Management LLC increased its holdings in shares of Natural Grocers by Vitamin Cottage by 1,190.6% during the 4th quarter. Millennium Management LLC now owns 162,130 shares of the specialty retailer's stock worth $6,440,000 after acquiring an additional 149,568 shares during the last quarter. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Natural Grocers by Vitamin Cottage

In other news, insider Lark Isely sold 2,000 shares of the business's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $40.00, for a total transaction of $80,000.00. Following the completion of the transaction, the insider owned 4,682 shares of the company's stock, valued at approximately $187,280. The trade was a 29.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders sold 4,500 shares of company stock worth $189,020. 58.80% of the stock is currently owned by insiders.

Natural Grocers by Vitamin Cottage Price Performance

Natural Grocers by Vitamin Cottage stock traded down $1.01 during mid-day trading on Thursday, reaching $38.79. 60,074 shares of the company were exchanged, compared to its average volume of 203,046. The firm has a market cap of $890.39 million, a PE ratio of 20.63 and a beta of 1.44. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.02 and a quick ratio of 0.21. The company has a fifty day simple moving average of $39.38 and a 200-day simple moving average of $43.07. Natural Grocers by Vitamin Cottage, Inc. has a 12 month low of $24.99 and a 12 month high of $61.22.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last released its earnings results on Thursday, August 7th. The specialty retailer reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.49 by $0.01. The firm had revenue of $328.71 million during the quarter, compared to the consensus estimate of $335.01 million. Natural Grocers by Vitamin Cottage had a return on equity of 23.47% and a net margin of 3.31%. Natural Grocers by Vitamin Cottage has set its FY 2025 guidance at 1.900-1.950 EPS. As a group, equities research analysts expect 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Tuesday, September 2nd will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 2nd. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is 25.53%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Natural Grocers by Vitamin Cottage from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 16th.

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.