Algert Global LLC Buys New Position 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 purchased a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,625 shares of the specialty retailer's stock, valued at approximately $1,151,000. Algert Global LLC owned approximately 0.12% of Natural Grocers by Vitamin Cottage at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in Natural Grocers by Vitamin Cottage by 9,741.4% in the first quarter. GAMMA Investing LLC now owns 5,708 shares of the specialty retailer's stock valued at $229,000 after acquiring an additional 5,650 shares in the last quarter. Two Sigma Investments LP raised its holdings in shares of Natural Grocers by Vitamin Cottage by 30.9% during the fourth quarter. Two Sigma Investments LP now owns 56,193 shares of the specialty retailer's stock worth $2,232,000 after purchasing an additional 13,255 shares during the period. Victory Capital Management Inc. acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the first quarter worth $14,006,000. Teacher Retirement System of Texas acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the first quarter worth $317,000. Finally, Barclays PLC raised its holdings in shares of Natural Grocers by Vitamin Cottage by 14.5% during the fourth quarter. Barclays PLC now owns 14,224 shares of the specialty retailer's stock worth $565,000 after purchasing an additional 1,804 shares during the period. 31.99% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of 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 Stock Performance

Shares of Natural Grocers by Vitamin Cottage stock traded down $1.41 during trading on Wednesday, hitting $39.68. 102,712 shares of the stock were exchanged, compared to its average volume of 202,981. The stock's fifty day moving average is $39.40 and its 200 day moving average is $43.09. The stock has a market cap of $910.54 million, a PE ratio of 21.10 and a beta of 1.44. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.21 and a current ratio of 1.02. Natural Grocers by Vitamin Cottage, Inc. has a 12 month low of $24.87 and a 12 month high of $61.22.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The specialty retailer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.49 by $0.01. The business had revenue of $328.71 million during the quarter, compared to analyst estimates of $335.01 million. Natural Grocers by Vitamin Cottage had a net margin of 3.31% and a return on equity of 23.47%. Natural Grocers by Vitamin Cottage has set its FY 2025 guidance at 1.900-1.950 EPS. As a group, sell-side analysts anticipate that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.12 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. Natural Grocers by Vitamin Cottage's dividend payout ratio is currently 25.53%.

Insider Activity at Natural Grocers by Vitamin Cottage

In other news, insider Lark Isely sold 2,000 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were 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 in the company, valued at approximately $187,280. This represents a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 58.80% of the company's stock.

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.