Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Position Cut by Ameriprise Financial Inc.

Ameriprise Financial Inc. reduced its position in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) by 27.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,899 shares of the specialty retailer's stock after selling 22,463 shares during the period. Ameriprise Financial Inc. owned 0.26% of Natural Grocers by Vitamin Cottage worth $2,339,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Natural Grocers by Vitamin Cottage by 6.0% during the 4th quarter. Vanguard Group Inc. now owns 689,291 shares of the specialty retailer's stock worth $27,379,000 after purchasing an additional 38,880 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Natural Grocers by Vitamin Cottage by 5.5% in the fourth quarter. Renaissance Technologies LLC now owns 592,709 shares of the specialty retailer's stock valued at $23,542,000 after buying an additional 30,691 shares during the period. American Century Companies Inc. raised its holdings in Natural Grocers by Vitamin Cottage by 13.2% in the fourth quarter. American Century Companies Inc. now owns 444,596 shares of the specialty retailer's stock valued at $17,659,000 after buying an additional 51,727 shares during the period. Marshall Wace LLP raised its holdings in Natural Grocers by Vitamin Cottage by 516.0% in the fourth quarter. Marshall Wace LLP now owns 209,564 shares of the specialty retailer's stock valued at $8,324,000 after buying an additional 175,545 shares during the period. Finally, Wellington Management Group LLP acquired a new stake in Natural Grocers by Vitamin Cottage in the fourth quarter valued at approximately $5,444,000. 31.99% of the stock is owned by institutional investors and hedge funds.

Natural Grocers by Vitamin Cottage Stock Down 3.7%

NYSE:NGVC traded down $1.80 during trading hours on Monday, hitting $47.04. The stock had a trading volume of 51,179 shares, compared to its average volume of 123,334. The company has a current ratio of 0.96, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28. Natural Grocers by Vitamin Cottage, Inc. has a 1-year low of $20.00 and a 1-year high of $61.22. The business has a 50 day simple moving average of $47.28 and a two-hundred day simple moving average of $43.73. The company has a market cap of $1.08 billion, a PE ratio of 29.96 and a beta of 1.62.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The specialty retailer reported $0.56 earnings per share (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 the consensus estimate of $329.66 million. 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Tuesday, May 27th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Tuesday, May 27th. Natural Grocers by Vitamin Cottage's dividend payout ratio (DPR) is 26.97%.

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.